Press

GXS Bank completes its acquisition of the Singapore subsidiary of Validus Group. This is the first such acquisition of a local financial technology company by a homegrown digital bank in Singapore.

Validus drives financial inclusion and prosperity for small businesses by leveraging proprietary data to drive growth financing to the under-served SME sector across Indonesia, Thailand, Vietnam, and Singapore.

Thunes, the global B2B payment infrastructure platform, today announced that it has achieved remarkable growth milestones and secured a highly successful Series C funding round to support its vision.

01Fintech, a growth stage private equity (PE) firm specialising in financial technology in Southeast Asia, announced today a strategic partnership with Sinar Mas Financial Services (known locally in Indonesia as Sinar Mas Multiartha Tbk, or SMMA).

A Hong Kong-based private equity fund led by a former Alibaba executive is ramping up its bets on Southeast Asia's financial technology sector, pushing to help promising startups become so-called unicorns by reaching valuations of over $1 billion.

The former head of international investing at Chinese financial technology giant Ant Group has launched a new private equity firm, 01Fintech, and is raising $300 million to invest mainly in fintech startups in Southeast Asia.