Fintech
MoneyHero CEO on transparency, AI and the company’s turnaround strategy
After taking the helm amid leadership exits, Rohith Murthy is refocusing the Nasdaq-listed fintech on higher-margin insurance, wealth products and artificial intelligence-driven efficiency
Australia watchdog orders audit of Airwallex on suspected compliance miss
The former has concerns that the fintech’s transaction monitoring programme is not attuned to the full range of risks it faces
Fintech Airwallex enters South Korea market via Paynuri acquisition
The financial platform is looking to tap demand for Korean entertainment and consumer goods
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers
Tencent-backed fintech Airwallex to invest in the Netherlands
The company will prioritise growth in Europe and the Americas after a decade focused on Australia and Asia-Pacific markets
Visa offers stablecoin settlement for US banks using Circle’s USDC
Merchants are typically paid out in local currency
Digital banks in South-east Asia face profit pressure as rates slump and credit risks rise
Preserving deposits and embedding products within ecosystems could prove vital, say market watchers
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
From AI to Web3: Dubai’s model for a future economy
Dubai is engineering its future through AI, fintech and digital assets. Claressa Monteiro explores what drives this precision and what Singapore can learn.