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Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.
SMEs, mobile payments, money transfer, ATM, digital wallet
UK-based fintech company Leatherback has entered a strategic collaboration with YES BANK to allow simplified remittance and INR payouts in India.
mobile payments, online payments, cross-border payments, remittance, money remittance
Sameer Singh Jaini and Shashank Shekhar from The Digital Fifth explore India's fintech shift fuelled by digital payments, neobanking, and BaaS and uncover trends like B2B payments, cross-border innovations, and digitised lending.
fintech, payments , BaaS, lending, paytech, artificial intelligence, digitalisation, PaaS, API, machine learning, embedded payments, B2B payments, UPI
Cross-border payments provider Currencycloud has received in principle approval for an MPI licence in Singapore.
expansion, MPI licence, compliance, cross-border payments
SC Ventures has launched SOLV Ghana, a B2B online marketplace that offers MSMEs, short-term invoicing financing, BNPL services, and business loans.
product launch, BNPL, SMEs, financing , marketplace
India-based Yes Bank has announced its partnership with fintech startup LeRemitt in order to deliver optimised cross-border transactions for MSMEs.
partnership, product launch, payments , online payments, mobile payments, digital payments, cross-border payments, cross-border ecommerce, ecommerce
India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.
product launch, fintech, mobile payments, POS, refund
Financial services platform DMI Group has announced the acquisition of digital customer onboarding and servicing system ZestMoney.
acquisition, digital onboarding, financial services, lending
Cross-border payments provider Currencycloud has partnered with UK-based cashflow management platform multifi.
partnership, cross-border payments, cryptocurrency, fintech, cash flow
Mastercard has announced a partnership with finance and Banking-as-a-Service (BaaS) digital platform provider 4thWave to simplify B2B payment flows across EEMEA.
partnership, B2B payments, paytech, accounts payable, accounts receivable, payment processing, supply chain finance, financing , fintech, payments
B2B foreign trade financial service provider XTransfer has expanded its business to over 200 countries and regions to serve SMEs in cross-border trade.
cross-border ecommerce, cross-border logistics, cross-border payments, SMEs, risk management
Currencycloud has announced its partnership with BriskPe in order to provide India-based micro and small businesses with multiple cross-border payment options.
partnership, cross-border payments, cross-border ecommerce, SMEs, mobile payments, online payments, digital payments, payments
India-based fintech RapiPay has teamed up with Jana Small Finance Bank to offer a digital banking experience to customers through its NYE financial mobile app.
fintech, mobile banking, SMEs, digital banking, financial inclusion
Singapore-based fintech SME lender Funding Societies has raised USD 7.5 million in debt from Norfund to bring financial inclusion to SMEs in Southeast Asia.
funding, debt facility, SMEs, growth markets, financial inclusion
India-based payments and API banking company Cashfree Payments has partnered with Global Trade Plaza to provide cross-border payments to Indian exporters.
partnership, cross-border payments, cross-border ecommerce, merchants, real-time payments, remittance
Singapore-based digital finance platform Funding Societies has secured USD 27 million in debt funding to bridge the credit gap for SMEs in SouthEast Asia.
funding, lending, financing , SMEs, cash flow
Pakistan-based fintech Neem has launched an embedded payments infrastructure to meet the needs of digital businesses in Pakistan and streamline digital transactions.
embedded payments, product launch, digitalisation, payments infrastructure, financial inclusion, digital payments
Digital bank GX Bank Berhad (GXBank), led by superapp Grab has received approval from the Minister of Finance and Bank Negara Malaysia (BNM) to commence operations.
product launch, certification, digital banking, banking, fintech, financial services, financial inclusion, SMEs
India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.
product launch, UPI, CBDC, digital currency, banking, fintech, digitalisation, QR code, transactions , crypto
The competition ombudsman in Kenya has allowed Moniepoint to buy Kopo Kopo, a Kenya-based provider of payment services and credit to businesses.
acquisition, expansion, regulation, digital payments, mobile payments