Apac/page/2 news and trends

Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard // October 28, 2024

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally, the company said in a Monday (Oct. 28) press release. “With Mastercard Bill Qkr, we’re bringing our cutting-edge payment technologies...

Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
Investments // September 30, 2024

HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore new opportunities to serve a broader range of minority ethnic communities,” according to a Monday (Sept. 30) press release. Founded...

Visa and KOTRA to Launch B2B Payment Platform in South Korea
B2B Payments // September 11, 2024

Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade Payment Platform (GTPP) is scheduled to go live by the end of October, Visa said in a Wednesday (Sept. 11) press...

EQT to Acquire Southeast Asian PropTech PropertyGuru
Acquisitions // August 16, 2024

Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an agreement and plan of merger that values PropertyGuru at an equity value of about $1.1 billion, according to a Friday...

Interviews & Exclusives
APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]

Payment Diversification Creates Winning Formula for Merchants

May 08, 2024
There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the...

Lack of Working Capital Hinders Mid-Market Performance in APAC

April 15, 2024
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...

Optimism in Fleet and Mobility Sector Fuels Use of Working Capital

March 12, 2024
All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key demographic of these firms are...

Quick Reads
Mastercard Expands APAC Digital Wallet Reach With ‘Pay Local’

November 05, 2024
Mastercard debuted a service that lets consumers make card-based payments via local digital wallets. With Pay Local, Mastercard cardholders link their credit or debit cards to a participating local digital wallet to shop with merchants without needing to create or top up a prepaid account, according to a Tuesday (Nov. 5) press release. “Leading wallets […]

Mastercard Launches Tokenized Card-Based Bill Pay Solution

October 28, 2024
Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally, the company said in a...

Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion

September 30, 2024
HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore new opportunities to serve a...

Visa and KOTRA to Launch B2B Payment Platform in South Korea

September 11, 2024
Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade Payment Platform (GTPP) is scheduled...