Funding
Asia fintech funding news: venture rounds, debt facilities, IPOs, listings and M&A for fintech companies across Asia-Pacific.
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PhotonPay raises US$40 million led by Blockchain Capital to tie stablecoins to cards and local clearing
Hong Kong cross-border payments company PhotonPay has closed a US$40 million Series C led by Blockchain Capital, with SBI Group joining, to expand stablecoin wallets, card issuing and local clearing.
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Bain Capital commits up to US$250 million to Hong Kong e-commerce lender FundPark
FundPark secures an initial US$100 million, plus up to US$150 million more, from Bain Capital as it passes US$10 billion in cumulative lending.
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GCash owner Mynt rises in debut after record US$967 million Philippine IPO
GCash operator Mynt raised about US$967 million in the largest IPO in Philippine history, giving Southeast Asian payments a new public benchmark.
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