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Digital challenger GoTyme Bank acquires salary lender fintech SAVii

Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products. SAVii Overview:...

Empower Finance strikes deal to buy Petal with Cashalo acquisition completed

Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...

Bank Danamon partners Helicap to bring growth capital to Indonesia’s financially underserved

Singapore-based private investment fintech platform Helicap has partnered with Bank Danamon to create a comprehensive solution for MSMEs, fintechs, and alternative lending firms'...

SME lender FundPark doubles credit facility with Goldman Sachs to $500m

FundPark, a Hong Kong-based capital financing provider, has doubled its asset-backed securitization (ABS) facility with Goldman Sachs to $500 million. The expansion follows...

UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank

Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA Pilot aims to integrate simulated CBDC and tokenized real...

Jirnexu co-founders step down from leadership positions at the company

The co-founders of Jirnexu, Hann Liew and Lucas Ooi, have announced their departure from their leadership positions at the company. Despite stepping back from...

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