Media / News
Mastercard Users Can Soon Purchase NFTs From Coinbase’s Marketplace
Mastercard recently announced its partnership with cryptocurrency exchange Coinbase, which will allow Mastercard users to purchase non-fungible tokens (NFT) from Coinbase’s marketplace. This partnership follows the company’s recent “Coinbase NFT” launch, which is a...
GPS Closed An Over US$400 Million Round Backed By Singaporean Investment Company
GPS, short for Global Processing Services, recently closed an over US$400 million round which was backed by Singaporean investment company Temasek, MissionOG, and Viking Global Investors. Besides that, Advent International also participated in the round via its Advent...
Ex-Google Exec’s Fintech Firm Raised US$75mil In Series D Funding Round
India-based INDmoney was founded in 2019 by the former head of Google India, Ashish Kashyap. The digital wealth management platform raised a whopping US$75million in a Series D funding round, co-led by Steadview Capital, Tiger Global, and Dragoneer. The funds raised...
Pioneer Asia Tech Investment Banker, Frank Au, Joins Board of ASEAN Fintech Group.
ASEAN Fintech Group (AFG or the Group), is very pleased to announce today that it has appointed Frank Au as a new member of its Board of Directors. Frank is a renowned former investment banker who was instrumental in bringing many of the first wave of Chinese Internet...
ASEAN Fintech Group Expands into the Philippines with Acquisition of Digital Payments Platform
ASEAN Fintech Group (“AFG” or the “Group”), a venture corporation that specializes in accelerating fintech adoption through accretive value has acquired JazzyPay Inc, the Philippines’ leading digital payments provider that is being valued at US$1.8m. JazzyPay is a...
“Buy Now Pay Later”, But For Food?
Buy Now, Pay Later (BNPL) is quickly becoming a force to be reckoned with in almost every industry. The innovative financing method allows shoppers to buy whatever they want now, and pay for it later across 0% interest installments. This makes it a popular payment...
Pace bags $40 Million in Series A Funding
Founded in 2021, Singapore startup Pace, offering “Buy Now, Pay Later” (BNPL) financing managed to raise US$40 million in funding from investors across Asia. Joining Pace are Japan’s Marubeni Ventures, South Korea’s Atinum Partners, Taiwan’s AppWorks, Indonesia’s...
‘Buy Now, Pay Later’ Is The New Emerging Force
“Buy Now, Pay Later”, also known as BNPL is quickly emerging as one of the most popular payment methods in Asia, and Malaysia is catching on to the trend as well. According to one of Asia’s leading merchant commerce platforms and BNPL provider, Pine Labs Pte Ltd,...
Carousell Acquires Streetwear Marketplace In Southeast Asia Ahead Of IPO
Online classified giant Carousell Group recently acquired Ox Street, a sneakers and streetwear e commerce marketplace in Southeast Asia, to help speed up the growth of purchasing second hand items. According to Carousell, Ox Street will still continue to operate its...
Fatberry.com Unveils Malaysia’s First Covid-19 Insurance Coverage Plan in Partnership with Tokio Marine
Fatberry.com, Malaysia’s leading digital insurance platform, launches Malaysia's first Covid-19 coverage plan as a means to insure the public with extensive insurance coverage right from the moment a person is tested positive for Covid-19. The recent pandemic has led...
PaySlowSlow Offers A New Way To Shop Via Buy-Now-Pay-Later
Targets to achieve RM200million in transactions for 2022 with Expansion plans in Southeast Asia in Quarter 1, 2022. The ASEAN Fintech Group launches its first Buy Now-Pay-Later platform, PaySlowSlow.com (PSS), in Malaysia, giving Malaysian shoppers and businesses an...
Company Overview: Fatberry
Reshaping Insurance for the better. Founded in 2017, Fatberry is a digital insurance marketplace that allows users to compare and customize a range of insurance products online through a fast and intuitive chatbot-like interface. Fatberry later transitioned as an...