Singapore’s fintech sector attracted nearly $1.04 billion in the first half of 2025, rebounding strongly after a muted 2024, with investors pouring money into payments, cryptocurrency and artificial intelligence-driven platforms, according to a KPMG report. The funding, spread across 90 deals, marked the highest level… Read More
Read more in: Asia, Fintech | Tagged fintech, Fintech funding, kpmg, singapore
In the ecosystem of SMEs, financial oversight often feels like a relentless tug-of-war between efficiency and control. Pleo, the Copenhagen-based fintech that’s been reshaping corporate spending since 2015, announced key updates focused on enhancing embedded finance. Pleo is partnering with Mastercard so that it can… Read More
Read more in: Fintech, Global | Tagged embedded finance, europe, fintech, pleo
In an era where digital banking demands both lightning-fast experiences and ironclad protection, financial institutions face a persistent challenge: streamlining customer onboarding without inviting fraud. Backbase, a key player enabling AI-powered banking platforms, announced a partnership with Prove, an identity verification technology firm. This collaboration… Read More
Read more in: Global, Regtech & Legaltech | Tagged ai, banking, fintech, prove
Cross River Bank has unveiled its Advanced Authorization platform, set to transform how financial technology companies handle immediate card transaction decisions. Announced on September 18, 2025, this update from Cross River arrives hot on the heels of the bank’s remarkable achievement: surpassing one billion payment… Read More
Read more in: Fintech | Tagged cross river bank, digital banking, fintech, payments
SumUp, a UK-based fintech company known for its innovative card reader solutions, is reportedly laying the groundwork for a potential initial public offering (IPO) in 2026. According to recent reports, the company has engaged investment bankers to gauge market interest in what could be a… Read More
Read more in: Fintech, Global | Tagged fintech, ipos, sumup, uk
In a significant shift in its regulatory approach, the Federal Reserve Board announced on August 15, 2025, that it is discontinuing its dedicated program for supervising banks engaged in cryptocurrency and financial technology activities. This decision marks a notable step in the central bank’s evolving… Read More
Read more in: Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation | Tagged Crypto Adoption, federal reserve, fintech, us
Fintech firm Revolut is establishing a technology hub in the Philippine capital, Manila, as part of a plan to expand global capabilities and accelerate product innovation, the company said on Wednesday. The Manila site will operate as a Global Capability Center that supports engineering, financial-crime prevention… Read More
Read more in: Fintech, Asia | Tagged banking, digital bank, fintech, manila, Philippines, revolut
Singapore’s efforts to position itself as a regional hub for Fintech face a critical stumbling block, as most Fintech firms say they cannot obtain the bank data needed to build services for small businesses, a new industry report has shown. Fintech Nation, a public-benefit corporation… Read More
Read more in: Fintech, Asia | Tagged api, fintech, singapore
Global investment firm Carlyle and banking giant Citi have entered into a strategic collaboration to explore asset-backed financing and co-investment opportunities in the fast-growing fintech specialty lending sector. The partnership formalizes a framework for both firms to exchange market intelligence and jointly pursue deals that… Read More
Read more in: Fintech | Tagged Carlyle, citi, fintech, fintech lending
The Philippines and India are accelerating efforts to strengthen collaboration in financial technology and broader development cooperation, as both nations seek to harness digital innovation to drive economic growth. Finance Secretary Ralph Recto recently held talks with Indian Ambassador Harsh Jain to identify new avenues… Read More
Read more in: Fintech, Asia | Tagged asia, fintech, india, Philippines
Aspire, a Singapore-based finance platform for businesses, has integrated with global payment infrastructure provider Stripe to enhance its payment capabilities, allowing users across Asia to accept a wider range of payment methods and improve cash flow management. The integration enables Aspire users to receive payments… Read More
Read more in: Fintech, Asia | Tagged aspire, fintech, payment, singapore, stripe
The Hong Kong Monetary Authority (HKMA) and the School of Business and Management at the Hong Kong University of Science and Technology (HKUST Business School) have signed a memorandum of understanding (MoU) to jointly advance cybersecurity innovation tailored to the evolving needs of the financial… Read More
Read more in: Asia | Tagged cybersecurity, fintech, hkma, HKUST, hong kong
Kashable, a U.S.-based Fintech company offering employer-sponsored credit and financial wellness benefits, has secured a $250 million credit facility to expand its lending capacity and further its mission of delivering affordable financial solutions to working Americans. The credit facility, led by Nomura Corporate Funding Americas,… Read More
Read more in: Fintech | Tagged apollo global management, fintech, kashable, nomura
Clair, a Fintech startup enabling bank-originated Earned Wage Access (EWA) for employees across the US, has raised $23.2 million in a Series B round led by Upfront Ventures, according to an announcement. The round, which was also backed by backer Thrive Capital and others, brings… Read More
Read more in: Fintech | Tagged clair, earned wage access, fintech, venture capital
Airwallex, a global payments and financial platform, has secured $300 million in a Series F funding round, lifting its valuation to $6.2 billion and further solidifying its position as one of the world’s most valuable Fintechs. The round includes $150 million in secondary share sales… Read More
Vietnam will begin a two-year regulatory sandbox for selected fintech services, including peer-to-peer (P2P) lending, credit scoring, and open banking data sharing, starting July 1, under a government decree issued earlier this week. Decree 94, released on April 29, establishes a controlled testing environment for… Read More
Read more in: Fintech, Asia | Tagged fintech, p2p, sandbox, vietnam
Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More
Read more in: Fintech, Asia | Tagged ant bank, ant financial, ant international, digital banking, fintech, hong kong
LenderLink Philippines, a fintech startup building the Philippines’ first high-tech, real-time credit bureau, raised $1.25 million in an oversubscribed pre-seed funding round led by venture firms Iterative and Kaya Founders, the company said. The pre-seed round, the startup’s first external raise since its founding last… Read More
Read more in: Fintech, Asia | Tagged credit bureau, fintech, LenderLink, Philippines
Zain Fintech, the financial services arm of Zain Group, launched its “Bede” Digital Wallet in Sudan, enabling customers to carry out financial transactions via mobile phones without a traditional bank account or card. The platform, designed for both basic feature and smart phones, offers services… Read More
Read more in: Fintech, Global | Tagged africa, Bede, digital bank, fintech, Sudan, wallet, Zain Fintech
Fintech is one of the best-funded sectors for female-led startups, research from Tracxn suggests. The global tech sector has over 69,000 women-founded tech companies, which have collectively raised $309 billion in funding to date. Despite a peak in 2021, when these companies secured $65 billion,… Read More
Read more in: Fintech | Tagged darktrace, female entrepreneurs, fintech, Techstars, women-led businesses, y combinator
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