Ant International today announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on “Liquidity Management”, one of its four main themes. Launched in March this year, Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong.

Stripe, a financial infrastructure platform for businesses, today gave an update on the growth of the internet economy in Asia, highlighting Stripe's expanded market coverage and AI-powered payments to support cross-border commerce. The updates were part of Stripe Tour Singapore, the company's annual product showcase in the region.

The final countdown to iFX EXPO Asia 2024 is officially in full swing as one of the world’s leading B2B online trading and fintech events is just around the corner, ahead of its return to Thailand. 

Linker Finance, a platform that empowers community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform, has successfully raised $3.7m in seed financing. The round is led by Ten One Ten Ventures and Chingona Ventures.

Shift, a leading provider of credit and payment products to Australian businesses, announced today that it has closed an $AUD35 million Series D funding round, led by Peak XV Partners (formerly Sequoia Capital, SEA).  

Visa, a world leader in digital payments, today announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and partners navigate the increasingly sophisticated money movement industry and capture opportunities that are estimated at $200T 1 globally.

Axio is pleased to announce that it has raised $20 million from the Amazon Smbhav Venture Fund. This significant investment marks a major milestone in Axio's mission to enhance credit accessibility for small and medium-sized enterprises (SMEs) in India.

Advapay, a provider of core banking and digital banking software for fintech companies, is pleased to announce an exclusive partnership with ICT Misr, a prominent IT consultancy firm and systems integrator headquartered in Egypt. This strategic collaboration will enable Advapay to expand its reach and offer solutions to customers in Egypt and Libya.

Bitget Wallet, the leading global Web3 wallet with 30 million users, has introduced a pioneering feature that lets users create and access Web3 wallets using their Telegram accounts. This innovation offers a seamless entry into decentralized finance, allowing Telegram users to easily log into a keyless MPC wallet and explore the Web3 world. By eliminating the complexities of private key management, this feature greatly enhances security and user experience, making it simpler than ever to dive into Web3.

Adyen, the financial technology platform of choice for leading companies, announces a global partnership with Swedish home furnishing business IKEA. The new partnership with Adyen will allow IKEA to connect the dots between in-store and digital sales channels and offer better payment and loyalty experiences for customers.