Fime

Product Launch · Asia

FOMO Pay, Singapore-headquartered fintech payment institution, is launching DuitNow QR acceptance in Singapore ahead of the RTS Link infrastructure project opening in January 2027. This enables cross-border payments between Malaysia and Singapore, targeting the expected 40,000 daily passengers on the new transit link.

Capital Raising · Asia

Mynt, operator of GCash mobile wallet with 90 million registered users, is preparing for Philippines' largest IPO

Restructuring · Asia

Malaysia's Central Bank introduced enhanced governance, performance measurement, and strategic planning frameworks for development financial institutions (DFIs), emphasizing developmental outcomes, social impact, and stakeholder accountability

Restructuring · Asia

UP Fintech (owner of Tiger Brokers) received US$60 million in penalties and confiscation orders from China Securities Regulatory Commission (CSRC), indicating regulatory compliance failures and likely organizational restructuring.

Restructuring · Asia

AMFI imposed a 6-month ban on Stable Finserv from distributing mutual funds until November 2026, likely due to advertising or documentation violations. This regulatory restriction significantly impacts the company's core business operations.

Strategic Hiring · Asia

Finastra is positioning itself as a thought leader in APAC payments transformation, with Arun Kini as Managing Director for Payments APAC, indicating strategic focus on real-time payments and cross-border payment infrastructure