Tag "financial inclusion"

PLDT’s Voyager Seals US$40M Investment from IFC

Voyager Innovations, the fintech arm of the Philippines’ top digital telecommunications firm PLDT Inc, has sealed a US$40 million investment from International Finance Corp (IFC), and IFC Emerging Asia Fund with both acquiring a minority stake in the company. Voyager

Read More

Top 14 Funded Fintech Startups In The Philippines

Fintech startups have been popping up in the Philippines these past few years and many of them have attracted angel investors, venture capital firms, including people in the private debt space, seeing potential in their platforms meant to boost financial

Read More

Fintech for Financial Inclusion in Vietnam

Fintech companies, which leverage technology and digital platforms to provide financial services at lower cost and wider, better access, have a key role to play in Vietnam where only 59% of the population have a formal bank account. A paper

Read More

World Bank Global Findex : Indonesia Leads in Financial Inclusion Progress

The latest Global Financial Inclusion Index (“Findex”) database released today by the World Bank finds that Indonesia’s financial inclusion has made the most progress, across East Asia and the Pacific, in bringing its citizens into the formal financial system in

Read More

How Real-Time Payments Can Support Financial Inclusion

In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled

Read More

Top 100 Financial Inclusion Companies, IFC Report

Through innovative business models, products and use of cutting-edge technologies such as artificial intelligence (AI), Big Data, digital identity and the Internet-of-Things (IoT), fintech companies are making significant progress in promoting financial inclusion, according to a new report co-authored by

Read More

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

Read More

New Peer-To-Peer Lending Players In Vietnam

A new company called Lendbiz was recently set up in Hanoi. The company offers a peer-to-peer lending platform targeted at small and medium-sized enterprises (SMEs) in Vietnam. Lendbiz joins other peer-to-peer lending platforms in Vietnam such as Timma, Vaymuon and

Read More

Top Charts and Tables from UOB State of Fintech in ASEAN Report

The financial services industry in the Association of Southeast Asian Nations (ASEAN) region has seen an increase in fintech adoption fueled by the rapid adoption of technology, supportive regulatory regimes and the large population of financially underserved individuals and businesses,

Read More

Cambodia Fintech Startup Report, Fintech Startup Map and Infographic

With some 25+ startups, Cambodia’s fintech startup landscape remains modest but is nevertheless growing steadily, according to a new report. Unsurprisingly, payment and remittance is the most crowded space with 16 startups. These include Wing, a mobile banking services provider

Read More