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Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
Global payment network provider company GLN International has signed a memorandum of understanding with Nepal-based Fonepay.
partnership, cross-border payments, mobile payments, QR payments
Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card
Cross-border digital payment provider Alipay+ has announced the availability of an additional nine international e-wallets in Thailand’s 7-Eleven stores.
mobile payments, e-wallet, digital wallet, digital payments, payment methods
Singapore-based lifestyle destination resort Resorts World Sentosa (RWS) has expanded its partnership with China-based Alipay+.
partnership, travel payments, e-wallet, digital wallet, payment methods, local payment method, digitalisation
Alipay Plus has expanded its services to the UAE, allowing Chinese visitors to use it for taxi payments and receive instant tax refunds at major airports, enhancing travel convenience.
QR code, QR payments, mobile payments, digital wallet, POS
Dubai Duty Free has announced its partnership with Alipay+ in order to leverage its tools for optimising the shopping experience of international visitors.
partnership, payments , digital payments, mobile payments, online payments, QR payments, cross-border payments, cross-border ecommerce, ecommerce
Ant Group has welcomed seven new e-wallets and five payment apps from Asia to the ‘Alipay+-in-China’ programme.
mobile payments, digital wallet, ecommerce, POS, merchants, expansion
The Paypers analysed significant investments in the fintech industry for Q4 2022, which saw a surge in funding that surpassed pre-pandemic levels despite a global decrease from 2021. Funding rounds indicate a preference for paytech, super apps for ecommerce, and digital lending.
Open Banking, Open Finance, embedded finance, online payments, lending, cryptocurrency, investment, The Paypers Quarterly Analysis series
Digital payments infrastructure provider, PPRO, has recently announced it extended its infrastructure to the South Korean market, integrating onto its platform local cards and Toss Pay, a popular e-wallet.
cross-border payments, cross-border ecommerce, expansion, digitalisation, cashless, cash, e-wallet, digital wallet, online payments, payments infrastructure, online shopping, online platform, merchant, local payment method
Viva Republica, a South Korean technology company which operates finance super app Toss, has wrapped up a USD 405 million Series G funding round.
fintech, funding, super app, investment, online payments
In this interview, Elena Popova, Director of Payments at Xsolla, discusses how the company’s payment strategies impact the growth of the gaming industry.
payment methods, ecommerce, online shopping, cross-border payments, gaming, Xsolla
Jack Momose, the CEO of Degica, provides unique insights into Japan’s and South Korea’s ecommerce markets, as well as the best practices to successfully sell in these countries
ecommerce, online payments, payments , local payment method, payment methods, payment processing, cross-border payments, cross-border ecommerce
Toss Bank has announced it will allow foreign residents in South Korea to open an online bank account.
banks, digital banking, online banking, product launch, financial services
Fintech unicorn startup Viva Republica has decided to expand from the world of finance and into the arena of ride-hailing, according to Forbes.
expansion, startup, fintech, insurance, super app, mobile banking
How is regtech evolving in Asia? What are the leading countries when it comes to innovation? Matthew Fulco of Kapronasia has the answers to that
regtech, fintech, digitalisation, financial crime, cybercrime
CBDC, blockchain, central bank
The South Korean operator of mobile financial app Toss has raised USD 410 million in fresh funding, which values the company at USD 7.4 billion, Reuters cited Viva Republica.
funding, banking, mobile banking, online banking
CIMB Bank Vietnam, Viva Republica, partnership, Vietnam, Asia, product launch, debit card