Tag "remittances"

Cambodia Fintech: Leveraging Technology to Bank to Unbanked

With only 27% of Southeast Asia’s 600 million population having bank accounts, the region represents an untapped opportunity for fintech companies, in Cambodia these ventures that are leveraging technology to provide more efficient and cheaper banking and financial services. In

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Fintech Money Transfer Startups Eye Vietnamese Remittance Market

Vietnam currently stands as one of the top ten remittance recipient countries in the world. In 2014, more than US$12 billion have been remitted to the country, making it the 9th largest remittance recipient, according to a World Bank report.

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Top 10 Southeast Asian Blockchain, Bitcoin Startups

The bitcoin craze has gone well beyond the US and Europe. In Africa, startups such as BitPesa are revolutionizing the remittance market, enabling cheap and fast money transfers. In South America, bitcoin firm BitINKA announced in June its plans to

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MatchMove Pay To Tap Into Southeast Asia’s Remittance Market, Hyperledger Wins Innotribe Startup Challenge

Exciting things are happening in Singapore. In case you missed it last week, MatchMove Pay, one of the hottest fintech startups in Southeast Asia, was granted a remittance license from Singapore’s central bank to tap into Southeast Asia’s juicy remittance

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CoinPip: Bringing Bitcoin to Southeast Asia

500 Startups-backed CoinPip seeks to disrupt the global remittances market by using bitcoin to facilitate domestic and international money transfers. Similarly to Bitspark and Toast, CoinPip enables low-cost global money transfers by leveraging Bitcoin’s blockchain. Users don’t need to have

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Toast Raises S$1.2 Million in Seed Funding

Singaporean remittance startup Toast has raised S$1.2 million (US$850,000) in a seed funding round led by Aetius Capital and ACE & Company, a private equity firm also known for having invested in financial comparison site CompareAsia and online payments startup

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