Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursement services in the public sector.

As ‘Crypto Winter’ thaws, many financial institutions are still hesitating to engage with the many practical uses of crypto and blockchain technology in payments. It’s no surprise that Bitcoin and other cryptocurrencies became synonymous with wild market speculation and unregulated exchanges like FTX, so it’s understandable that financial institutions are extra-cautious about engaging with crypto in any form. 

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.