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Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. The 13 APAC companies featured this year span a diverse range of industries, including telecoms, financial institutions, tech giants, and fintech startups.
Whalet currently provides services such as one-click store setup, global accounts, pay-ins, payouts, currency exchange, and card issuance for businesses expanding globally. said Sukesh Malliah, Vice President – IMT (APAC), TerraPay. It holds payment licenses in Singapore, the U.S., and Hong Kong SAR.
This week’s edition of Finovate Global looks at recent fintech headlines from Ireland. Nomupay Raises $40 Million at $290 Million Valuation Courtesy of an investment from SBPS, a subsidiary of Japan’s SoftBank, Irish fintech Nomupay has secured €35 million ($40 million) in new funding.
The Ultimate Guide for Founders, CFOs, and Finance Teams Choosing the right fintech stack can make or break a company’s financial operations. Whether you are a B2B founder building a global marketplace, a CFO steering a SaaS scale-up, or a finance team tasked with managing complex payments, finding the best fintech tools is critical.
In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazers are elevating the industry, demonstrating resilience and leadership in the ever-evolving fintech landscape.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 21 January 2025. Offa , the UK Islamic property finance fintech, is joining Connect IFA , a specialist mortgage brokerage network. Balint has held senior roles at Afterpay, amaysim, Ola and Optus.
The partnership brings together two fintechs with a shared vision: to modernise financial workflows for SMBs and their accounting and bookkeeping partners. With competitive FX rates, multi-currency wallets, and a strong focus on compliance, Airwallex gives us the confidence to bring this product to market at scale.
The partnership between Dext and Airwallex brings together two fintech leaders with a shared vision: to modernise financial workflows for SMBs and their accounting and bookkeeping partners. Businesses can also receive payments using local bank details in 12 countries and over 20 currencies. billion and surpassed $800M ARR.
Wise’s Asia Pacific (APAC) operations have become the company’s second-largest revenue contributor, with a 33.7% Singapore is a central location for Wise’s APAC operations, with over 500 employees. Singapore is a central location for Wise’s APAC operations, with over 500 employees. year-over-year increase in FY24.
This includes QR code payment settlements and multi-currency transaction capabilities, providing businesses with more secure and streamlined international payment options. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”
13 fintech companies from Southeast Asia have been named among this year’s top 250 fintech companies worldwide, recognized for their growth and significant impact on the global fintech landscape. These companies are featured on the World’s Top Fintech Companies 2024.
“This partnership enhances global payouts, ensuring businesses can move funds effortlessly,” said Sukesh Malliah, Vice President – IMT (APAC), TerraPay. Research highlights a rising demand for scalable, multi-rail payment solutions that cater to diverse financial ecosystems.
Data analytics company LexisNexis estimates that the cost of financial crime compliance in APAC will approach the US$45 billion mark in 2023, showcasing the substantial investment required to meet stringent compliance requirements. Today, we delve into these firms’ offerings, recent strides and contributions to the field.
. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang. ” Founded in 2012, Currencycloud facilitates cross-border, multi-currency transactions.
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.
11 fintech startups from Singapore have been recognized in the inaugural NextGen Tech 30, a prestigious award celebrating Southeast Asia’s most promising high-growth technology companies. YouTrip was created with the vision to provide a smarter and more convenient way to handle foreign currency transactions.
The partnership between Dext and Airwallex brings together two fintech leaders with a shared vision: to modernise financial workflows for SMBs and their accounting and bookkeeping partners. Businesses can also receive payments using local bank details in 12 countries and over 20 currencies. billion and surpassed $800M ARR.
The conversation delved into the transformation journey of Currencycloud into Visa Cross-Border Solutions , a foreign exchange and cross-border payments solution within Visa, and how it addresses the challenges of cross-border payments in today’s fintech landscape.
Chris Kneen Chris Kneen, Chief Commercial Officer of Axe Finance, a digital lending specialist, spoke to Fintech News Singapore about the booming business in emerging markets, particularly across Southeast Asia, the Middle East, and Africa, where banks are heavily investing in their digital transformation efforts.
The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.
This move responds to findings from a recent survey conducted by Revolut and YouGov, revealing that over 70% of Singaporean couples face financial challengesthe highest among surveyed APAC markets, including Australia, New Zealand, and Japan. Users can set up the account in three steps, removing the need for traditional banking procedures.
We are thrilled to partner with XTransfer, expand our footprint in the APAC region, and support them in their acceleration in Latin America,” said Wei Duan, VP of APAC at EBANX. The post XTransfer and EBANX Partner to Facilitate B2B Trade Payments in Latin America appeared first on FF News | Fintech Finance.
This week’s edition of Finovate Global features news from the fintech scene in Hong Kong. Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. With 98% penetration in a region with 7.5
Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. For example, if a new travel destination becomes popular, Gen AI can prompt Way4 to add another currency account to an existing card.
The bank was ordered to pay the fine to resolve investigations by The Office of the Comptroller of the Currency (OCC), an independent bureau of the US Department of the Treasury. The post APAC Faced the Most Regulatory Fines in H1’24 Reveals Fenergo in Latest Report appeared first on The Fintech Times.
Goldman Sachs as FinTech player? 16) that growth in Marcus continues apace, and that the online lending and savings offering had logged $35 billion in deposits last year, with growth logged dually in the U.S. Solomon pointed to the endeavor to evolve offerings from a single product to a multi-product platform. and the U.K.,
Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. 27) that they have formed a global partnership that will deploy and expand TransferWise’s multi-currency debit cards and mark the first use of Visa Cloud Connect.
Looking to simplify this, Currencycloud , the company simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a new partnership.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 13 August 2024. She has previously held roles at data and fintech brands including A merican Express, Finastra, Thomson Reuters and Planet.
It’s The Fintech Times Bi-Weekly News Roundup on Tuesday 19 December 2023. As part of the agreement, Allfunds Tech Solutions has developed a cutting-edge multi-asset research centre exclusively for Ardan’s advisors. Appointments Unlimit, the global fintech company, welcomes Colin Neil as its new global chief sales officer.
Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe , the Mumbai-based cross-border payments Fintech, to expand BriskPe’s customers’ payment options.
Wei Duan , VP of APAC at EBANX, said: “This partnership marks a significant milestone for both companies, and we are excited about the potential of the LatAm market for global digital merchants. .”
” Further benefits from Till Additionally, BigCommerce merchants with a multi-channel retail strategy can now benefit from Till’s comprehensive, all-in-one payment solutions to unify in-store and online payment services for a seamless, efficient, and secure experience for merchants and their end customers.
Currencycloud , experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.
Weel currently supports bill and reimbursement payments to recipients in Australia and with this partnership, customers will be able to make payments globally and in real-time (depending on the market they are sending to), as well as convert currencies and hold balances in multi-currency wallets.
Live in more than 40 countries, Signature helps mid-tier and larger banks serve enterprise clients as a multi-lingual, multi-currency core accounting processing platform. Interested in fintech in Asia? Join us as Finovate returns to the APAC for FinovateAsia 2016 on November 8.
As 2025 approaches, where will new opportunities arise for financial institutions, financial services providers, and fintechs looking to expand into new markets? In this week’s Finovate Global interview, I talk with Lewis Ide , Vice President for 10x Banking , about the opportunities in high-growth markets in APAC and Africa.
Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates. Million to Boost Global Expansion Plans appeared first on Fintech Singapore. ” said Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona. The post Finmo Raises US$18.5
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