Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
TransUnion Offered Free Credit Reports for Hong Kong Residents After HKID Loss
TransUnion offered a one-time free credit report to eligible Hong Kong residents who lost their HKID, aiming to give immediate visibility into credit profiles during the high-risk period after identity loss.
Japan's MUFG, SMFG and Mizuho signed MoU on joint yen stablecoin
Three of Japan's largest banking groups signed an MoU to form a council to study issuance, governance and operations for a jointly issued yen stablecoin, targeting March 2027.
Singapore Webinar Highlighted Deepfake Risk and APAC Banks' Measures to Tackle
A Fintech News Singapore webinar highlighted rising Gen AI-enabled scams and deepfake activity in Asia, citing a 456% increase in reported Gen AI scams and prompting calls for stronger identity checks.
Grab Was Reportedly in Talks to Join Atome Financial Funding Round
Grab was reportedly in discussions to participate in Atome Financial's funding round that DealStreetAsia said could raise more than US$100 million, as Grab sought to deepen its BNPL and lending presence.
Hong Kong Banks and Fintechs Addressed Deepfake Threat in APAC Webinar
A Fintech News HK webinar convened APAC banks and fintechs after reports showed Gen AI-enabled scams rose 456 percent and deepfake activity surged, prompting renewed focus on fraud controls and identity checks.
Pagaya sued Klarna in United States over alleged trade secret misappropriation
Pagaya sued Klarna, alleging the BNPL firm sought to absorb Pagaya's trade secrets, use them to build competing underwriting capabilities, and cut Pagaya out, the fintech said in a filing.
Figure agreed to buy Kiavi in $717 million U.S. real estate deal
Figure agreed to acquire AI-powered real estate lender Kiavi for $717 million, while investment firm Sixth Street joined a venture that agreed to buy loans off Kiavi's balance sheet as part of the transaction.
Roqqu CEO said tokenization was the future of finance across Africa
Benjamin Onomor, CEO of Roqqu, said tokenization was the future of global finance, arguing it could democratize investment access and reshape capital markets across Africa and beyond.
Munify Integrated with Circle to Enable USDC Local Payouts in Philippines
Munify integrated with Circle Payments Network to allow businesses and platforms in the Philippines to make local payouts denominated in USDC, expanding digital-asset payment options for domestic disbursements.
MTN finalised fintech spinoffs in Nigeria and Uganda and added Alipay partner
MTN finalised the separation of its fintech businesses in Nigeria and Uganda and added Alipay to the operations, moves intended to sharpen focus on payments and unlock standalone value.
Canadian Mortgage-Tech Nesto Closes CAD 302 Million Series E at CAD 1.47 Billion Valuation
The Montréal-based lender achieved unicorn status with a round backed by La Caisse and Fidelity Canada funds to accelerate its AI lending platform.
Klarna launched a high-yield savings account to deepen its banking footprint
Klarna launched a high-yield savings account in the Americas, aiming to pull customers from traditional banks into its payments and financial services ecosystem while expanding its deposit offerings.