Singapore’s Pomelo Group acquires paytech start-up Arrow Checkout
Arrow Checkout founders Neo Liat Beng, Sebastian Roervig and Sudhan Raj will all join Pomelo Group.
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Arrow Checkout founders Neo Liat Beng, Sebastian Roervig and Sudhan Raj will all join Pomelo Group.
Percipient, based in Singapore, first unveiled the platform in 2020.
Qi Card claims to be the “leading electronic payment system in Iraq” with 11 million cardholders.
Verma will take on the role from 1 March 2025 following Shome’s retirement on 28 February.
Funding Societies intends to use the funding to “deepen its core business in SME financing”.
Brazilian challenger Nubank contributed $150 million to the funding round.
Orion, based in Abu Dhabi, is Crypto.com’s fourth acquisition in three months.
KPay says the round is the “largest Series A globally in the payments sector in 2024”.
WadzPay must be publicly listed for 36 months before the funds can be received.
Partior has now secured over $80 million through its Series B round.
HSBC led the investment through its ASEAN Growth Fund, supported by DBS Bank, SMBC and Baiduri Bank.
Cohen’s resume includes roles at Triodos Bank, European Merchant Services, and Xplor Technologies.
Crypto.com also recently acquired Watchdog Capital to offer equities and equity options for traders in the US.
The tests paired Microsoft Outlook with PQC plugin algorithms.
The initiative was led by Swift, UBS Asset Management and blockchain platform Chainlink.
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
The updates leverage Moneythor’s financial services personalisation engine; deployed by the bank in May.
Koho’s 1.7 million Canadian customers will now be able to purchase eSIMs from within its app.
Dash has accrued 1.4 million customers since launching 10 years ago.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SGB is gearing up to launch in November 2024.
PayerMax claims to support over 600 different payment methods for digital merchants.
The facility will be deployed through Validus’ Indonesian subsidiary Batumbu.
DCS Innov previously tapped HolyWally to develop its InstaWally solution.
Founded by ex-Visa and Paxos employees, WSPN offers digital payment solutions using DLT.
Valverde will deploy Broadridge’s tech to support its recently launched Valverde ASEAN+ Fund.
Syfe claims to have achieved profitability in Singapore in “early 2024”, five years after its launch.
DBS, HSBC, OCBC, UOB, SPTel and SpeQtral are all set to take part.
Payoneer CEO John Caplan says the deal will “accelerate our evolution and B2B momentum”.
Hulsebosch will take charge of Thunes’ financial strategies and global finance function.
Partior was founded as a joint venture between JP Morgan, DBS Bank and Temasek in 2021.
The acquisition of Solv Malaysia has been completed, while the Solv Vietnam purchase remains ongoing.
Azqore previously selected Volante to accelerate its ISO 20022 adoption programme in 2022.
Singapore becomes the third market worldwide where Paxos is licenced to issue stablecoins.
Summit claims it can cut the accounts payable processing time by up to 75%.
Ant International will integrate the company with its payments and digitisation solutions unit Antom.
Institutions from India, Malaysia, the Philippines, Singapore, and Thailand will implement the project.
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
The pair have named the initiative Project Viridis.
A handy round-up of the recent funding endeavours of fintech companies across the globe.