Archive
E-Commerce In SEA Study: Vietnam Leads In Conversion Rate; Singapore Is The Biggest Spender
E-commerce is on the rise in Southeast Asia with more than US$10 billion worth of goods being purchased online in 2017, almost the double of 2015’s Gross Merchandise Value (GMV) of US$5.5 billion. According to a study by iPrice titled
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Grab Drives Fintech Ambitions with Grab Financial
Following Grab’s previous announcement on GrabPay and acquisition of Kudo, Anthony Tan, Co Founder and Group CEO announced the company’s ambitions to further strengthen their play in the fintech ecosystem through Grab Financial during his keynote at Money 20/20. Grab Financial will encompass
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Yoma Strategic and Grab Form Strategic Partnership in Myanmar’s Taxi Sector
Yoma and Grab jointly announce that they have signed a strategic framework agreement. The partnership will focus on upgrading the fleet of taxis in Myanmar, together with the provision of vehicle financing for Grab’s driver-partners. Myanmar’s ride-hailing industry has been
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Bangladesh Smartphone Market Continues Double-Digit Growth in 2017
The Bangladesh mobile phone market continued its upward trajectory as both feature phone and smartphone categories witnessed a double-digit growth in 2017. According to the latest International Data Corporation (IDC) Quarterly Mobile Phone Tracker, a total of 34.2 million mobile phones
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Alipay rolls out in Cambodia, Myanmar, Laos and the Philippines
Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of countries
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Go-Jek and Bank Rakyat Indonesia Teams Up For Financial Inclusion
Banks in Indonesia are still hesitant to collaborate with fintech startups, some local startup founders say. At this stage, exchange between banks and fintech startups takes place in the realm of events and competitions, where the aim is to get
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Fintech Events in Asia to Attend in 2018
Here are selected Fintech Events in Asia to attend in 2018. For Switzerland, Germany , London and US check out this Fintech Event List. If an important event is missing (there are so many), send us an Email or comment
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Top 5 Fintech Philippines News of the Week (CW 10)
Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also you can subscribe to our monthly Fintech PH Newsletter here. Here we go: FINTQ rolls out 1
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Private Equity Investments Take Off In Vietnam
Private Equity in Vietnam. The country kicked off the year 2018 with major investment deals in private equity, revealing investors’ confidence in the rapidly growing economy. In February, Malaysia-based investment fund Creador announced its plan to open an office in
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How 4 Indonesian Banks are Collaborating with Fintech Startups
Fintech startups have some key advantages over banks: they can move fast and react to trends, experiment with new technologies and processes, and work on small budgets.Banks, on the other hand, know how to navigate regulations and obtain licenses required
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