Tag "Southeast Asia"

Foreign Firms, Investors Eye Thai Fintech Opportunity

Foreign fintech companies and investors are looking at the Thai market as many plan to ride on Thailand’s startup boom and growing digital economy. Indonesia’s Kejora Ventures, one of the region’s most active private venture capital firms, expanded to Thailand

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Bangkok Bank InnoHub Program: Fintech Thailand 4.0

Bangkok Bank InnoHub, a 12-week acceleration program by Bangkok Bank and Bualuang Ventures powered by Hong Kong-based venture capital firm and accelerator Nest, aims to facilitate collaborations between startups and commercial banks in Southeast Asia. The program, launched earlier this

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Top 5 Fintech Philippines News of the Week

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   Fintech In The Philippines: What The Banks Are Doing? Fintech companies, which are playing an increasingly important role in the Philippines’

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Interview: Texcent to Launch Digital Payments Platform Paycent in Singapore and the Philippines in Coming Weeks

Texcent, a Singapore-headquartered fintech startup, is looking to launch its digital payment platform, Paycent, this August in Singapore and the Philippines. The company aims to become the global leader for mobile and cashless transactions with a platform that promises a

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The Role Of Digital Finance In Financial Inclusion In Southeast Asia

Asian Development Bank’s (ADB) recently concluded study on digital finance in the region found that addressing digital finance in the countries focused on could boost their gross domestic product (GDP) greatly. The study, named “Accelerating Financial Inclusion in Sout-east Asia

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Alternative Credit Scoring Providers In Southeast Asia You Have To Know

Globally, almost 50% of adults have no access to banking-type services of any description. The lack of access to basic financial services has created major barriers for people to overcome poverty by making it almost impossible for individuals and businesses

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Digital Consumers In Asia Surge By 50 Percent In One Year

According a 19 May report by Bain & Company, the number of digital consumers in the region has increased by 50 oercent to 200 million. This has helped the region’s internet economy balloon to more than $50 billion, the report

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5 Recent Fintech Startup Fundings in Southeast Asia

In 2016, deals to venture-backed Southeast Asian fintech startups rose 29% from 55 in 2015 to 71 in 2016. Meanwhile, dollars fell 12% from US$177 million in 2015 to US$158 billion in 2016 as deal growth was largely driven by

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Peer-to-Peer Lending in China, Hong Kong and Southeast Asia

Peer-to-peer (P2P) lending has become a global phenomenon. In Asia in particular, alternative financing has experienced an explosive growth. Asia’s large population of smartphone-savvy and unbanked makes it a prime market for alternative lenders. These leverage digital platforms and technology

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Co-Living, An Introduction for Southeast Asia

Southeast Asia is quickly becoming a hotspot for startups and digital nomads, thanks to the region’s low cost of living and young, digitally-enabled workforce. Singapore has over 300 co-working spaces. Vietnam has seen more than 40 spaces open since its

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