E-payments
SoftBank’s PayPay keeps dual listing on table after solid US IPO
The payments app has amassed 72 million users
PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO
As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million
SoftBank-backed PayPay targets up to US$13.4 billion valuation in US IPO
IPO activity is typically strongest during periods of market stability and risk-on sentiment
Jack Dorsey’s 4,000 job cuts at Block arouse suspicions of AI-washing
The company’s recent history suggests that AI adoption is not the only factor influencing its staffing decisions
Jack Dorsey’s Block slashes nearly half its staff in AI bet
The reduction in force comes after rolling job eliminations that have often been tied to annual performance reviews
Vietnam’s fintech sector enters a post-MoMo reality
The country has close to one million active enterprises, the vast majority of them SMEs
DBS launches zero-remittance-fee payment service to Chinese digital wallet
The bank is also looking to link its DBS PayLah! service to Weixin Pay to further cross-border payments
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026
Apple Tap to Pay launches in Singapore, allows merchants to use iPhones as contactless payment terminals
Payment platforms Adyen, Revolut, Stripe among first to offer Tap to Pay. Grab will join in 2026.
New architecture for international payments is foundational for global growth
To realise this vision, interoperability across multiple technology platforms and networks is essential
