Asia

European Alternative Assets Manager Arrow Global Focuses on Middle East with UAE Office

Arrow Global Group Limited, a pan-European alternative asset manager specialising in credit and real estate, announced the opening of its new office in the UAE, strengthening its commitment to one of the world’s financial hubs. Located in the center of the UAE’s financial district, the… Read More

QAI, EnterpriseSG Launch Quantum-AI Accelerator in Singapore

Switzerland-based QAI Ventures has partnered with Enterprise Singapore to launch a venture-backed accelerator and an IP-led venture builder targeting QuantumAI startups and advanced computing. The partnership expands a model QAI Ventures has run in Europe and North America, according to an announcement. The initiative adds… Read More

Boxing Icon Pacquiao Enters PH’s Crowded Digital Payments Market with Manny Pay

International boxing champion Manny Pacquiao has launched a new payments platform under 7th Pillar Integration Systems Corp., moving to compete in the Philippines’ fast-growing but crowded digital finance market. The service, branded Manny Pay, is starting as a payment gateway and aims to expand into… Read More

Vietnam Targets SME Credit Via Digital Rails

Vietnam is leaning on digital finance to lift productivity and widen access to credit as it chases high-income status by 2045, with regulators and lenders turning sandboxes and open-banking trials into near-term policy tools rather than distant ambitions. The two-day Digital Finance Inclusion Conference 2025,… Read More

HSBC Rolls Out Venture Banking in Singapore with $1.5bn War Chest

HSBC’s push into startup banking in Asia is gathering pace, adding competition for venture lenders in a market where funding has tightened and founders are leaning more on non-dilutive capital. The bank launched “HSBC Innovation Banking” in Singapore, earmarking a $1.5 billion pool to finance… Read More

Quantum Solutions Becomes Major Institutional Ethereum (ETH) Holder

Tokyo Stock Exchange-listed Quantum Solutions Co., Ltd. (TSE: 2338) has reportedly become one of Asia’s largest institutional holders of Ethereum (ETH), marking a key milestone in digital asset adoption among public firms in the region. The announcement comes after the accumulation of 2,365 ETH in… Read More

Judge Prevents Crypto Exchange WazirX from Using Customer’s XRP Assets to Minimize Impact of $230M Hack

Somewhat unsurprisingly, a court in India recently ruled in favor of an XRP investor against crypto exchange  WazirX and provider the trader with interim protection by preventing the digital assets platform from reallocating the customer’s XRP holdings. In an order issued this past Saturday (on… Read More

Jeel Teams Up with Mambu to Enable Saudi Arabia’s Fintech Sandbox

Jeel, the tech subsidiary of Riyad Bank, has teamed up with Mambu, the cloud-native core banking platform, to enhance the ecosystem powered by the recently launched Jeel Sandbox, Saudi Arabia’s fintech sandbox accelerator – developed by Jeel in collaboration with Fintech Saudi. The Jeel Sandbox… Read More

Bitcoin Surges to $114,000+ After US-China Trade Talks Make Progress, Ethereum, Altcoins, Stocks Also Rally

Despite Standard Chartered analysts incorrectly forecasting this past week a BTC price drop below $100,000 being “inevitable” over the weekend, Bitcoin surged to over $113,800 on October 24, 2025 following the announcement that the US and China have formally committed to a framework agreement made… Read More

Gotrade Introduces US Options Trading across Southeast Asian Markets with Alpaca

Gotrade, an investment app in Malaysia, announced recently the roll-out of options trading for its users across Southeast Asia. This expansion is powered in partnership with Alpaca, a brokerage infrastructure API offering access to options, stocks, ETFs, fixed income, as well as crypto. Investors residing… Read More

Japanese Fintech JPYC Introduces Yen Denominated Stablecoin

Japanese fintech JPYC Inc. recently revealed that it has introduced the nation’s legally recognized yen-denominated stablecoin, called JPYC (with trading starting this Monday). JPYC Inc. stated that it began offering the JPYC token this Monday along with introducing its issuance and redemption service, JPYC EX…. Read More

Defunct Crypto Exchange Mt. Gox Again Extends Repayment Deadline to October 2026

Defunct cryptocurrency exchange Mt. Gox announced that it will be further delaying its repayment deadline by yet another year to October 2026. This seemingly abrupt update from Mt. Gox has come just four days prior to its deadline that was initially set for October 31,… Read More

Southeast Asia’s Superapp Provider Grab Holdings Invests in Autonomous Vehicle Tech Firm

May Mobility, Inc., an autonomous vehicle tech firm, and Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s superapp, announced their partnership with intentions to introduce autonomous vehicle services in Southeast Asia. This latest partnership reportedly includes an investment by Grab into May Mobility, backing the AV… Read More

South Korean Fintech Travel Wallet Teams Up with Crypto.com

Crypto.com announced it has recently signed a Memorandum of Understanding (MoU) with Travel Wallet, a South Korean fintech company specializing in digital payments and currency exchange for global travelers. As part of the partnership, Travel Wallet, which enables users to hold, exchange, and spend more… Read More

Merak Capital Invests $26.7m in Saudi Smart-Parking Leader Arsann

Merak Capital, a Saudi investment firm licensed by the Capital Market Authority, has made a SAR 100 million (USD 26.7 million) strategic investment in Arsann, the Kingdom’s leading operator of smart parking and mobility infrastructure. The move, according to an announcement, is aimed at advancing… Read More

DriveWealth, Turkey’s BtcTurk, Announce Trading Technology Partnership

DriveWealth, a financial technology platform providing Brokerage-as-a-Service, this week announced its partnership with BtcTurk | Hisse, Turkey’s first Bitcoin and cryptocurrency trading platform. This collaboration marks BtcTurk’s move beyond digital assets and into traditional finance since starting in 2023 with Turkish stocks. With this launch,… Read More

Singapore Wealth Advisor Endowus Raises $70m in Latest Round

Singapore-based wealth advisory and investment platform Endowus said it had closed a funding round of more than $70 million led by fintech specialist Illuminate Financial, with participation from existing backers Prosus Ventures, Citi Ventures, and Asian family offices. The raise includes $20 million in fresh… Read More

South Africa’s Bitget Wallet Expands Crypto Payment Offering to Asia

South Africa-based Bitget Wallet launched the Bitget Wallet Card in selected Asia-Pacific markets, including Malaysia, expanding the crypto firm’s payments reach in a region it says is the world’s fastest-growing for digital assets. The self-custodial card connects users’ crypto balances to Mastercard’s network of more… Read More

Crypto Exchange WazirX to Resume Operations on Friday After $230M Hack

Crypto exchange WazirX is reportedly planning to resume its trading operations this coming Friday (October 24, 2025) following 16 long months of closure. As widely reported, WazirX had been forced to suspend trading activity after a massive hack / security breach that resulted in a… Read More

Fintech Tamara Obtains Central Bank of UAE Approval to Provide Financial Services

Tamara recently announced that it has officially received a restricted finance license from the Central Bank of the UAE (CBUAE). As a financial technology platform operating across the United Arab Emirates, Tamara claims that it has cemented its position as a key financial partner. Achieving… Read More

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