Tag "fintech startups"

The Philippines Fintech Report 2018

With a population of over 100 million, just 31% of adults having a bank account, and a mobile penetration of 58%, the Philippines is a fertile ground for fintech innovation. Currently, only 4% of all transactions are made online in

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Kazakhstan Strives to Become an Attractive Destination for Fintech Startups

The Kazakhstan government is looking to turn its capital of Astana into an attractive destination for fintech companies as part of a broader plan to reduce the country’s dependence on the export of natural resources. Kazakhstan, the world’s largest landlocked

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P2P Lending Activity Accelerates in Vietnam

Peer-to-peer (P2P) lending is becoming increasingly popular in Vietnam with new players entering the market and regulators moving forward with creating a favorable environment. In September, a new company called Megalend Viet Nam Investment and Trading Corporation made its debut

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Vietnam: Rise of E-Commerce Paving the Way for Digital, Mobile Payments Boom

Although Vietnam remains a cash-dominant economy, evidences suggest that digital and mobile payments are rapidly growing. According to Harmander Mahal, head of retail banking at Standard Chartered Bank Vietnam, the rise of e-commerce in Vietnam is paving the way for

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Cambodia Sees Growing Mobile Payment Industry

While cash remains the undisputed king in Cambodia, the growth of digital transactions and mobile payments is providing tremendous opportunities for fintech ventures and solutions to serve the unbanked and transform the country’s financial landscape. High mobile phone usage and

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Thailand Strives to Become Top Fintech Hub with Government Help

In the past year, the fintech industry in Thailand has witnessed significant growth but the latest push from the government is set to position the country as one of the region’s top fintech hubs. The Thailand government is putting a

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New Report Explores Fintech Patent Race

Fintech innovation has experienced major growth in recent years mainly due to addressing the needs of financial institutions in modernizing payment services and improving customer experience in the digital age. The fintech landscape is quickly evolving with new services, business

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8 Reasons Why Fintech Startups Fail

Fintech startups are multiplying and as we hear a lot about the successful ones, we often forget that it is not an easy task to turn a project or idea into a successful venture, and that, no matter how disruptive

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Top 10 Most Well-Funded Fintech Startups In India

In the past years, fintech has emerged as one of the hottest sectors in India’s Internet play with funding pouring in and global players like Google and WhatsApp looking to getting a piece of the pie. NASSCOM predicts that the

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Top 15 Most Well-Funded Southeast Asian Fintech Companies

The financial services industry in Southeast Asia is rapidly evolving as a result of disruption from new-age fintech companies. The rapid adoption of fintech innovation in the region has been fueled by the rapidly expanding expanding economies, young-urban-digitally-savvy population, increasing

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