Archive
Bukalapak’s Fintech Could Outgrow its E-Commerce, Said Co-Founder
One cannot talk about startups in Indonesia without bringing up Bukalapak, arguably one of the biggest e-commerce platforms in the nation. Bukalapak has graduated from its startup roots and gained the coveted title of Indonesian unicorn. They are now in the
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8 Hottest Proptech Players in Asia
With US$7.8 billion invested globally in the property technology (proptech) industry between 2013 and 2017, the sector is no doubt rapidly growing, especially in the Asia-Pacific (APAC) region where proptech companies attracted more than half of that amount (US$4.8 billion),
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RCBC Waiting on Regulator Approval for Its Stablecoin on IBM’s Blockchain
RCBC Bank is currently awaiting regulatory approval to issue its own Philippine Peso-backed cryptocurrency on the newly announced IBM Blockchain World Wire, a real-time global payments network created for regulated financial institutions. RCBC Bank sees this as an opportunity to
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Singapore’s tryb Invests in Indonesian Property Crowdfunding Platform Gradana
tryb announced today that it lead the pre-series A round for Gradana, a peer-to-peer property crowdfunding platform based in Indonesia. According to Gradana’s CEO Angela Oetama, one of the key challenges towards buying and renting property in Indonesia is the
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As Challenger Banks Grow In Popularity, Incumbents Must Innovate
Using technology and digital channels, challenger banks are reimagining banking, delivering superior digital customer experience and challenging incumbents to reinvent themselves. These are growing in importance and incumbents must “transform themselves from slow moving caterpillars to agile butterflies,” according to
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Singapore Life Raises Another US$7.3 Million from HK-Based Ion Pacific
Singapore Life has just raised US$7.3 million (approximately SG$10 million) from Hong Kong-based Ion Pacific, an asset management company, according to DealStreetAsia. Ion Pacific joins Aflac and Standard Life Aberdeen, Singapore Life’s original shareholders in this round of fundraising. Ion
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It’s Official, Laos Doubles Down on Crypto-Ban in Recent Announcement
The Central Bank of Laos has officially cracked down on cryptocurrency in the republic. The Bank of Lao PDR has warned everyone from commercial banks and businesses to your average Laotian against buy, selling or using cryptocurrency for money transactions,
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UnionBank Eyes Investing US$9.6 Million Every Year in Fintech
Philippines’ UnionBank has expressed their intention to invest around $US 9.6 Million into incubating or buying technology ventures where financial services could be wired into, and they’ll be refreshing the fund every year, according to Inquirer.net, UnionBank is among Philippines’
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7 Blockchain Projects and Startups Leading the Way in Singapore
In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from the government towards adopting cutting technologies. Sources say that there are over 634 companies have been incorporated in Singapore with a
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Banks and Corporates Need to Rethink How They Approach Innovation—Again
Innovate or die. This is a common rallying cry in this era of Silicon Valley and agile tech startups, and the banking industry is not excluded from this narrative. Fintechs grow ever popular, with their on-demand services, particularly to those
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