Walmart-backed PhonePe prepares for $1.5 billion India IPO, Bloomberg News reports Reuters, Posted June 23, 2025 Walmart (WMT.N), opens new tab-backed Indian fintech firm PhonePe is preparing to file preliminary documents for its initial public offering to raise as much as $1.5 billion, Bloomberg News reported on Monday, citing people familiar with the matter.The IPO […]
HeyMax acquires krip to expand in Asia IBS Intelligence, Posted July 23, 2025 HeyMax, has acquired krip, a FinTech platform to transform everyday spending into meaningful travel experiences for consumers across Asia.Founded in 2022, krip has redefined how consumers interact with their credit cards by simplifying access to rewards and benefits. Its platform aggregates over […]
Philippine Central Bank Proposes Tighter Oversight for Online Gambling Payments World Casino Directory, Posted July 16, 2025 The Bangko Sentral ng Pilipinas (BSP) is advancing a plan to implement stricter regulations on digital payment services used in online gambling, citing concerns over consumer protection, financial health, and responsible use of technology. A draft circular, now […]
PayNet, Alipay+ and Weixin Pay expand QR payments for tourists in Malaysia IIBS Intelligence, Posted July 11, 2025 Payments Network Malaysia (PayNet) has partnered with Asian payment providers Alipay+ and Weixin Pay to boost Chinese and regional tourist spending across Malaysia. Launched as the peak summer travel season begins, the initiative is expected to expand […]
Walmart-backed PhonePe prepares for $1.5 billion India IPO, Bloomberg News reports Reuters, Posted June 23, 2025 Walmart (WMT.N), opens new tab-backed Indian fintech firm PhonePe is preparing to file preliminary documents for its initial public offering to raise as much as $1.5 billion, Bloomberg News reported on Monday, citing people familiar with the matter.The IPO […]
dLocal gains key licenses in UAE, Turkey, and Philippines IBS Intelligence, Posted June 20, 2025 dLocal, a cross-border payments platform, has acquired critical financial licenses in the United Arab Emirates, Turkey, and the Philippines. dLocal’s global regulatory framework significantly expands its capacity to enable seamless, secure, and compliant cross-border transactions across high-growth regions. These new […]
Flipkart secures NBFC license, becomes first eCommerce lender in India IBS Intelligence, Posted June 6, 2025 Flipkart has received an NBFC licence from the Reserve Bank of India (RBI), making it the first Indian eCommerce player to gain regulatory approval for direct lending. The RBI’s nod, granted to Flipkart’s wholly-owned subsidiary—Flipkart Financial Services—marks a strategic pivot […]
India’s Juspay opens Singapore office to strengthen APAC presence IBS Intelligence, Posted April 24, 2025 India-based payments infrastructure firm Juspay has opened a new office in Singapore, establishing a strategic hub for the Asia Pacific (APAC) region. The expansion marks a key step in Juspay’s international growth strategy as it aims to address the evolving […]
India’s Juspay opens Singapore office to strengthen APAC presence IBS Intelligence, Posted April 24, 2025 India-based payments infrastructure firm Juspay has opened a new office in Singapore, establishing a strategic hub for the Asia Pacific (APAC) region. The expansion marks a key step in Juspay’s international growth strategy as it aims to address the evolving […]
Official Launch of Cross-Border QR Payment Phase 2 between Malaysia and Cambodia BNM, Posted April 8, 2025 Dato’ Seri Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia (BNM), and H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia (NBC), launched phase 2 of the cross-border QR payment linkage between Malaysia and Cambodia today. […]