Sunday, March 24, 2019


Instarem aims at Japan and Indonesia with $41m funding

Instarem, the cross-border payments company, has closed a $41 million Series C funding round in Singapore. Read more:

Capitec Bank Poised to Expand its Payments Business Through ACI Worldwide’s...

Capitec extends relationship with ACI, utilising UP Retail Payments solution to future-proof its payments technology. Read more:

Doxo to provide electronic billpay solution to RR Donnelley & Sons

Billpay solutions company doxo has partnered with RR Donnelley & Sons (RRD) to offer the marketing and communications solutions provider’s clients access to doxo’s electronic billpay solutions, reports David Penn at Finovate. Read more:

In Brief: India Mobile POS Firm Raises $31m From Existing Investors

India-based mobile point-of-sales company Mswipe has raised around 2.2 billion Indian rupees(US$ 31.7 million) in a new round of funding from existing investors. Read more:

Nets and Vipps join Forces to Simplify Payments in Norway

Vipps, a Norwegian payment app, and Nets, a market leader in the European payments industry, have announced an agreement to increase the number of payment options for consumers and simplify invoice and bill payments in Norway. Read more:

Tokopedia Invests in Digital Wallet Startup OVO

Tokopedia, the Indonesian e-commerce unicorn, has invested an undisclosed amount in digital wallet startup OVO, a source familiar with the matter confirmed to Tech in Asia. Read more:

PayPal lets users instantly transfer funds to bank accounts

PayPal is rolling out an Instant Transfer feature in the US, allowing consumers, and soon businesses, to instantly move money that they receive via the service into their bank accounts. Read more:

BNP Paribas Fortis, HSBC open developer portals

BNP Paribas Fortis and HSBC are inviting external developers to develop and test new digital banking services using the banks' APIs and internal sandbox environments. Read more:

Soldo gets sold on Irish e-money licence

Soldo, the London-based fintech, has received an e-money licence from the Irish central bank, in preparation for Brexit. Read more:

Grab gobbles $1.4 billion investment to build super app

Grab Holdings Inc. (“Grab”), Southeast Asia’s leading super app, today announced it has secured US$1.46 billion of fresh funding from the Softbank Vision Fund (“SVF”). Read more: