Tag: Asia

Pan Asia Bank has partnered with TerraPay to use the latter’s network partners to make instant cross-border money transfer to all bank accounts in Sri Lanka. Read more: www.bankingtech.com

Allianz has formed a partnership with FPT Group to enter the Vietnam market and expand its operations across Asia. Read more: member.fintech.global

More than 60 companies from 12 countries have joined a new Pan-Asian committee to spur the adoption of fintech in the region. Read more: www.finextra.com

Hong Kong-based challenger bank Neat has closed a $3m investment round, just months after closing its previous investment. Read more: fintech.global

A central-bank approved Malaysian Fintech startup that has specializes in international money transfers has completed its first cross-border transfer Read more: www.ccn.com

PropertyGuru, an online real estate marketplace, has secured SGD $200m ($145m) in its Series D from KKR. Read more: fintech.global

KKR and Tencent Holdings has acquired a minority stake in the FinTech innovation arm of telecommunications and digital services provider PLDT. Read more: fintech.global

Mobile wallet adoption in Asian markets is higher than in the US, the UK and Germany, a study by GlobalData has uncovered. Read more: www.thepaypers.com

SME lending platform First Circle has reportedly raised $26m in its Series A round of funding. Read more: fintech.global

Canopy, a financial data and analytics company, has reportedly raised $4.8m in its Series A round of funding. Read more: fintech.global