Financial Technology
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
SEA fintech investments drop 65% to $2b in 2023
Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.
BSP onboards first non-bank e-money issuer in real-time settlement system
OmniPay no longer needs an existing RTGS participant to sponsor their settlement.
Indonesian fintech investments halved in 2023: study
Seed-stage and early-stage funding plummeted during the year.
GCash eyes “biggest IPO” title, overseas expansion in 2024
The Philippines’ biggest payments and mobile wallet floats the possibility of going public soon.
How banks can ensure customer safety in Gen AI adoption
Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.
Laos, Vietnam ink MOU for cross-border QR code payment linkage
The MOU will facilitate the use of local currencies in retail payments in the two countries.
Saxo CEO stresses digital wealth’s key role in investment access
The wealthtech industry is expected to skyrocket its ‘onshore’ PFA of around $81t (SG$108.27t/HK$632.82t) by 2027, driven by Singapore and Hong Kong...
Arthur D. Little sees embedded finance growth to $350b in 2024
Generative AI and the expansion of fintech brands into the insurance sector are predicted to propel the industry’s advancement to new heights.
Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to...
Singapore FinTech Festival 2023 draws record 66,000 participants
Participants came from over 150 countries and regions, from just 115 in 2022.
GCash now provides real-time forex rates, translates e-money according to currency
GCash users can use the e-wallet in 17 markets.
Swiss Fintech Rides High with Fresh Strengths – Time for Onshore Collaboration?
In economic & business cycles, asset prices gyrate from time-to-time. Many fresh opportunities also emerge from these cycles.
Digital loan platform Lendela secures $5m in funding round
Chocolate Ventures and Cocoon Capital led the round.
Singapore fintechs expand footprint in Australia through Project Lorikeet
The initiative aims to boost fintech trade and investment between Singapore and Australia.
The Growing Trend of Fintech Solutions in Asia's SME Sector
Survey Reveals Asian SMEs' Growing Interest in Fintech for Alternative Financing
Artificial Intelligence can fill the crevices in the banking industry: UnionBank exec
Other potentials of AI in banking could help reach broader markets in the underserved segment of the country.
Commentary
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?
Transition and Opportunity: Southeast Asia’s Share of US$7 Trillion Value