Banking
Digital asset firm HashKey bags $100m Series A funding at unicorn valuation
HashKey Group secures $100 million in Series A funding round at a valuation of over $1.2 billion.
Founded in 2018, Hong Kong-based HashKey...
Banking
Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab
GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings.
...
Banking
Boost Bank secures regulatory approval to begin operations in Malaysia
Boost Bank Approval:Boost Bank, a collaboration between Axiata and RHB Banking Group, has obtained regulatory approval from Bank Negara Malaysia and the...
AI
Southeast Asian fintech Salmon acquires controlling stake in Filipino bank
Salmon's Regulatory Approval:Consumer fintech start-up Salmon has received regulatory approval to acquire a controlling stake in the Rural Bank of Sta. Rosa...
Banking
WeLab launches Bank Saqu as its second digital bank in Asia
Bank Saqu Launches in Indonesia:WeLab and Astra Financial introduce Bank Saqu, a new digital banking service in Indonesia.Record-Breaking Development:Bank Saqu...
Banking
Kasikorn Bank snaps up 97% stake in cryptocurrency exchange Satang for $103m
Kasikorn Bank (K-Bank), Thailand's fourth largest bank, acquires a 97% stake in Satang Corporation, the parent company of cryptocurrency exchange Satang, for $102.8...
Banking
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
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