NewsPayfazz and Xfers form Fazz Financial Group to take on Gojek and GrabThe new group is targeting the 290 million unbanked in Southeast Asia. 2 mins read
Xendit says it processes more than 65 million transactions with USD 6.5 billion in payment value annually. NewsAccel, Y Combinator pour USD 64.6 million into Indonesian payment gateway Xendit1 min read
The company was founded by former Ant Group employees. InsightsXTransfer simplifies cross-border payments for exporters | Inside China’s Startups4 mins read
Tencent’s WeBank also joins the six state-owned banks in the pilot. NewsChina enlists Ant-backed MYbank in expanding digital yuan trial1 min read
Wise processes USD 6.3 billion in cross-border transactions every month. NewsTransferWise rebrands as Wise, to hire over 70 new staff in Singapore2 mins read
Central banks push projects amid COVID but first mover Cambodia sees slow uptake. InsightsChina’s New Year digital yuan tests hasten Asia e-currency race7 mins read
BharatPe is eyeing another USD 100 million-check after March to beef up its credit offerings. NewsBharatPe raises USD 108 million Series D round at USD 900 million valuation3 mins read
According to the latest data released by the National Payments Corporation of India (NPCI), the total UPI-led transactions on WhatsApp Pay in January this year fell by 31%. NewsWhatsApp Pay sees a dip in takers for its digital payment offering in India3 mins read
Wave Money’s monthly active users grew to over 3.9 million in December. NewsWave Money posts growth in Q4, resumes operations in Myanmar2 mins read