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Financial Technology

Ant Group’s valuation might fall to $29b amidst regulatory scrutiny: analyst

Pre-clampdown, the group’s valuation is at $320b, according to Bloomberg Intelligence.
3 months ago

Ant Group’s valuation might fall to $29b amidst regulatory scrutiny: analyst

Pre-clampdown, the group’s valuation is at $320b, according to Bloomberg Intelligence.
3 months ago

ZA Tech opens Asia fintech centre in Singapore

It will focus on solving use-cases in insurance and financial services.
3 months ago

Australian comparison site Finder acquires GoBear brand

Earlier this year, GoBear had announced that it would shut down operations.
3 months ago

Singaporean customers more satisfied with e-wallets than banks in 2020

Customer satisfaction for e-wallets was higher than that of banks.
3 months ago

Tonik launches neobank in the Philippines

It offers up to 6% interest rate per annum.
3 months ago

Kuliza, Mambu launch digital lending solution for SEA, India

Kuliza's Lend.In allows financial firms to modernise their loan products.
3 months ago

New regulations imperil China's online microlenders

Additional schemes could stifle growth of cross-provincial borrowing. China’s leading non-banking financial firms face the risk of antitrust investigations and forced divestitures once the country’s new regulations come into play, also potentially hindering cross-provincial lending, consumer borrowing, and the growth of the country’s online microlenders.
3 months ago

How TranSwap helps SMEs expand overseas by cutting FX costs

Their solution was developed with API integration, which enables small transfers in large volumes to be credited in real-time.
4 months ago

Indonesia's PAYFAZZ, Singapore fintech Xfers form financial entity

PAYFAZZ is also investing US$30m in Xfers.
4 months ago

Two digital banks in every APAC market to challenge incumbents: study

Need for new capabilities to push bank-fintech collaborations in the region.
4 months ago

Chinese fintechs must meet capital requirements within two years: CBIRC

Regulators have set various grace periods for different platforms.
4 months ago

Ant Group may resume IPOs once problems resolved: report

PBOC is still investigating monopolies in the fintech company.
6 months ago

No ‘one-size-fits-all' for mobile bank TMRW

UOB’s mobile-only bank makes use of personalization to attract Thailand, Indonesia’s tech-savvy generation.
7 months ago

Thailand's KBank, Central JD Fintech launch one-stop digital loan app

They expect around 100,000 loan applications to be approved by 2021.
8 months ago

Malaysia's Instapay Technologies, Onfido partner for ID verification

Instapay users can now sign up through a selfie.
8 months ago