The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems.   The first phase of the PayNow-DuitNow linkage will be launched in the fourth quarter of 2022....
Razer Merchant Services has partnered with KK SUPER MART to enable Razer Cash for online Shopee purchases, in an effort to encourage e-commerce participation among the unbanked segments of Malaysians. Razer Cash is a payment option that e-commerce customers can utilize to make cash payments...
MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The funds will be used to grow MODIFI's digital trade finance platform for SMEs into a global trade management hub. MODIFI’s digital trade finance platform for SMEs spans the three...
Pitik, founded in 2019, is an Indonesian company that harnesses the power of data and technology to empower Indonesian chicken farmers, allowing them to achieve better quality poultry and thereby generating more income. Like many SMEs and startups, they faced an issue obtaining the necessary financing to...
The pandemic has revealed the importance of a deliberate, digital-focused invoice management strategy to build stronger resiliency. Such a strategy can improve business clarity, reduce delays and errors caused by manual data entry, and free up cash for the business especially in crucial times. 
While the pandemic has presented unprecedented challenges and disruption to the global business environment, it has also opened up possibilities for companies that position themselves to seize them. Key to weathering the disruptions and realising growth plans are strong and agile financial foundations. One...
ModuResources is an independent professional company that delivers services across the Well Lifecycle. With Well Engineering Services and Solutions, Rig Inspection services and solutions as well as training services as their main service streams, they serve a range of clients from Super-Major Oil companies, Majors, National Oil...
hoolah, Asia’s omni-channel Buy Now Pay Later (BNPL) ecosystem has announced a regional partnership with ASUS, that enables their customers to make deferred payments. This marks ASUS’s first Buy Now Pay Later partnership in Asia, beginning at all ASUS physical and online retail stores in Singapore, with...
With working capital the lifeblood of all SMEs, DBS has to date availed over 12,000 collateral-free loans totalling more than SGD 6.2 billion to SMEs in Singapore since the start of the Covid-19 pandemic. This includes close to SGD 1 billion in collateral-free loans approved to date...
Indonesia’s burgeoning digital economy offers extensive opportunities for Singapore startups, technology and financial services firms and investors.On 30 June, the Singapore Business Federation (SBF), in collaboration with the Indonesian Embassy in Singapore, hosted its second FYIstival webinar on Indonesia, themed “Digital and FinTech Opportunities for Indonesia and...