Search Results for "APAC"
14 results for "APAC"
Deals 14
DBS Bank and Visa Pilot AI-Ready Agentic Commerce for Payments in APAC
DBS Bank and Visa launched a pilot for AI-ready agentic commerce focused on payments in the Asia Pacific region. The collaboration explores how AI agents can facilitate autonomous payment transactions. This positions both firms at the forefront of embedded AI-driven payments innovation.
Shift4 Acquires Smartpay for $180 Million in APAC Expansion
Shift4 acquired Smartpay, a payment processing firm in Australia and New Zealand, for $180 million in June 2025. The deal expands Shift4's embedded payments presence into the APAC region. Smartpay provides payment terminal and processing services to merchants across ANZ markets.
Faysal Bank and NymCard Partner for BaaS Platform in Pakistan
Faysal Bank partnered with NymCard to enable a banking-as-a-service platform in Pakistan. The collaboration aims to drive financial innovation by combining Faysal Bank's local banking infrastructure with NymCard's card issuance and BaaS technology. This marks a significant embedded finance development in the MENA/APAC region.
Parafin Secures $125M Warehouse Facility from SVB and Trinity Capital
Parafin secured a $125 million warehouse facility from Silicon Valley Bank and Trinity Capital to expand its embedded financial services infrastructure. The company provides machine learning-based underwriting for sellers on platforms like DoorDash and Amazon. This facility strengthens Parafin's capacity to offer embedded capital products through marketplace and SaaS platforms.
IFC Invests $75M in Apis Fund III for Embedded Finance in Africa and Asia
IFC committed a $75 million equity investment in Apis Growth Markets Fund III, with an additional $25 million co-investment capacity. The fund targets mid-cap fintechs in Africa and Asia focused on embedded finance, payments, and commerce enablement. Key target markets include India, Nigeria, and Indonesia.
Finology Closes Pre-Series A to Scale Embedded Finance APIs in APAC
Finology, an APAC embedded finance provider, completed a pre-Series A round led by Silverlake Group with participation from The Hive Southeast Asia and MTDC. The funding will scale its API-powered lending and insurance products targeting underbanked populations. The amount was undisclosed.
jaris Partners with First Internet Bank Unlocking $1B Annual Financing Capacity
jaris and First Internet Bank announced a strategic partnership expanding jaris' annual financing capacity to over $1 billion. The collaboration focuses on developing innovative product capabilities and enhanced revenue-generating services. A single integration for multiple products simplifies processes for partners.
Clair Raises $175M With Pathward to Launch Free On-Demand Pay Solution
Fintech Clair raised $175 million to launch a free on-demand wage advance product powered by FDIC-insured bank partner Pathward. The solution provides front-line workers with wage advances up to $150 million in participation capacity. The product is built on embedded banking infrastructure, enabling employers to offer earned wage access at no cost to workers.
Akulaku Raises $200M for Southeast Asian Digital Banking Services
Akulaku raised $200M to expand its digital banking and financial services across Southeast Asia. The company provides digital banking infrastructure including lending and payments in the region. The round reflects strong investor interest in embedded finance in emerging APAC markets.
Oportun Closes $150M Credit Facility With WebBank
Oportun, a mission-driven fintech lender, closed a $150 million credit facility secured by assets and backed by WebBank, a Utah-chartered industrial bank. WebBank is a key BaaS partner bank enabling fintech lending programs. This deal expands Oportun's funding capacity for consumer lending products.
Nityo Infotech Invests $100M in MatchMove's Embedded Finance Platform
Nityo Infotech invested $100 million in Singapore-based fintech MatchMove, becoming its largest shareholder. The investment is intended to accelerate global distribution of MatchMove's embedded finance platform via open APIs. This deal underscores growing institutional interest in BaaS infrastructure across APAC.
State Bank of India Seeks White-Label Fintech Solution for Lending Journeys
State Bank of India issued an RFP seeking a white-label fintech solution to develop and integrate lending journeys on SBI platforms, with bids due May 5, 2021. The initiative signals India's largest public bank embracing embedded lending through fintech partnerships. This move reflects broader BaaS adoption among large traditional banks in APAC.
TONIK Launches Digital Bank in Philippines Powered by Finastra
TONIK, the first pure-play licensed digital bank in Southeast Asia, launched its core banking capabilities powered by Finastra's technology to serve the Philippines' 70% unbanked population. The partnership aims to attract over a million customers within five years. This represents a significant embedded finance initiative for financial inclusion in APAC.
HKMA Publishes Open API Framework for Hong Kong Banking Sector
The Hong Kong Monetary Authority (HKMA) published an Open API framework for the Hong Kong banking sector, establishing a phased approach for banks to share data with third-party fintech providers. The framework aimed to foster innovation in embedded finance and fintech-bank collaboration. It represented a significant regulatory push toward open banking in the APAC region.