SEA Digest: Nomu Pay buys Wirecard entities; FWD Insurance, 1337 Ventures team up

SEA Digest: Nomu Pay buys Wirecard entities; FWD Insurance, 1337 Ventures team up

Photo by Andrea Natali on Unsplash

Nomu Pay has reached an agreement to acquire Wirecard Payment entities in Hong Kong, Malaysia, the Philippines, and Thailand; while Malaysian early-stage venture capital firm 1337 Ventures is teaming up with FWD Insurance to spur the fintech and insurtech startup ecosystem in Malaysia.