Financial Technology

Asia’s fintech firms raise $2.3b as deals slow in Q2 2026

Only 116 transactions were recorded during the quarter.

Philippine central bank raises business transfer ceiling tenfold under Instapay

Previously, registered businesses could only transfer up to $822.6 (P50,000).

Stablecoins fail to crack 1% of non-wholesale cross-border payments

Consumer-to-business activity represented 22% of digital-token volume.

RHB launches Malaysia’s first bank-owned payment gateway

The platform routes online collections straight into RHB accounts with automated reconciliation.

Shinhan Bank taps StoneX to cut cross-border payment costs

It will gain access to a network of 385 banks.

PvX pushes revenue-based lending for consumer apps

AI-driven competition is expected to increase demand for marketing capital.

SEA fintech funding falls 3% to $682m as early stage money shrinks

There were zero IPOs and acquisitions fell to just 6 for the H1 period.

QR Ph captures 55% as card payments lose ground: PayMongo

Interoperability lets merchants accept payments from banks and e wallets through one code.

Financial firms face $23.1m insider risk bill as AI governance lags

Only 18% have fully integrated AI governance into insider risk programmes.

Mynt IPO could raise $1.5b for GCash parent

The final price will be set later through a book building process.

Thailand SEC seeks tougher AML controls with travel rule for digital assets

The draft requires firms to share customer information with digital asset transfers.

Asia is leading payments modernisation and banks can't afford to fall behind

By partnering with fintechs, banks can combine regulatory strength with innovation, new use cases, and customer-centric solutions.

APAC banks hit by 92% of network attacks as fintech risk grows

Real-time payments and mobile services have expanded the number of exposed endpoints.

Green Link posts eightfold income growth on disciplined SME focus and AI investment

Green Link says digital banks fail by mimicking traditional models as agentic AI offers a way to serve SMEs at lower cost.

Alipay debuts AI agent interface “Ah Bao” in China

Users only need to speak to Ah Bao, pick a service listed, and pay for it without switching apps or pages.