Bizcapan Australia-based FinTech company, announced its expansion plans in Singapore on Monday, as well as the appointment of Joseph Lim as Managing Partner for Asia.
Launching in the first quarter of 2025, Bizcap’s expansion into Singapore addresses a critical gap in the small and medium enterprise (SME) financing landscape: the challenge of accessing fast and flexible capital, Bizcap said in a statement.
NOW LET’S GO TO THE NEWS SUMMARY OF LAST WEEK
⭐️ Real-time payments: economic impact and financial inclusion.
⭐️ Kraken launches crypto derivatives for Australian wholesale clients.
⭐️ MAS Scholarships Gemini Approval in principle for crypto payment license.
⭐️ Standard Approved, Ant carry out intra-group transactions in HKD.
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Thunes And Circle to launch a liquidity management solution based on Stablecoin. This collaboration allows members of the Thunes network to use USDC for faster cross-border transactions within seven days, improving liquidity, reducing investment costs and providing growth opportunities through cost-effective payments.
Digital Anchorage Singapore Pte Ltd Receives Major Payment Institution License from Monetary Authority of Singapore (MAS). With this license, Anchorage Digital Singapore now offers a complete and integrated solution including custody, staking, trading and settlement, including fiat entry and exit ramps.
that of Hong Kong ZA Bank launches crypto trading service sandbox pilot. The Bank said its trial initiative seeks to meet growing demand in Hong Kongwhere a recent survey by the Hong Kong Investment Funds Association found that 75% of retail investors are interested in crypto trading.
Cashless Payments obtains regulatory approval to operate as a PPI provider. This allows the company to issue prepaid payment instruments, such as cards or digital wallets, and opens up new opportunities for innovation in the payments landscape. Continue reading
Razorpay FY24 revenue increases after new products. Net profit of Indian FinTech unicorn backed by Tiger Global jumped 360% to 340 million rupees ($4 million) for the financial year ended March 31 compared to the previous year, according to a press release issued Tuesday.
Amazon Pay The loss in India is decreasing as sales increase and expenses decrease. Amazon Pay India’s loss narrowed nearly 40% from a year earlier to 9.1 billion rupees ($108 million), according to the company’s filings with Tofler. Continue reading
FinSecureLabs And LionCompare This partnership brings a new market for remittance and payment products to India. Collaboration should continue improve the Indian consumer experience providing a seamless and seamless solution for outbound remittance services and payment products.
Finfra raises 2.5 million US dollars and partners with Type for integrated loans in Indonesia. This investment will help Finfra scale its integrated lending solutions to support the country’s digital SME ecosystem. Through this partnership, Tyme will use Finfra’s tools to launch integrated lending options, such as merchant cash advances, across Indonesia.
Wise gained access to the Philippines InstaPay. Connecting Wise to InstaPay will improve cross-border payments for its 13 million global customers and millions more from major banks and financial institutions. Continue reading