Posts From Company Announcement
Yoma Strategic and Grab Form Strategic Partnership in Myanmar’s Taxi Sector
Yoma and Grab jointly announce that they have signed a strategic framework agreement. The partnership will focus on upgrading the fleet of taxis in Myanmar, together with the provision of vehicle financing for Grab’s driver-partners. Myanmar’s ride-hailing industry has been
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Bangladesh Smartphone Market Continues Double-Digit Growth in 2017
The Bangladesh mobile phone market continued its upward trajectory as both feature phone and smartphone categories witnessed a double-digit growth in 2017. According to the latest International Data Corporation (IDC) Quarterly Mobile Phone Tracker, a total of 34.2 million mobile phones
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Alipay rolls out in Cambodia, Myanmar, Laos and the Philippines
Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of countries
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Singapore Optimises National Cash Infrastructure By Turning Stores Into ATMs
Singapore continues to lead the way in innovation for the global cash logistics market. However, rather than creating yet another solution for the city-state’s growing cashless ecosystem, alternative fintech start-up soCash aims to reduce the island’s heavy reliance on ATM
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Wave Money targeted by Yoma, 19.4 Mio USD for 34% stake
Yoma Strategic Holdings Ltd. plans to acquire a 34% stake in Digital Money Myanmar Co., Ltd. (“Wave Money”) from First Myanmar Investment Company Limited for US$19.4 million, which is subject to completion and will be funded within existing capital plans
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Singapore Leads Adoption of Fingerprint Biometrics & Voice Recognition
Singapore leads the global adoption of fingerprint biometrics and voice recognition technologies to authenticate a customer’s identity in the financial services sector, according to a new international study “Leaders in Financial Services are Experts in Customer Identity” commissioned by identity
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First Fintech to be listed on Singapore Stock Exchange
Further to its announcement made on 10th October 2017, Financial Technology group ayondo announces the lodgement of a preliminary offer document with the Singapore Exchange Securities Trading Limited in connection with the initial public offering and listing of ayondo Ltd. on
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16 Asia/Pacific Banking & Financial Services Leaders in 2018
IDC Financial Insights announced the 16 winners of the annual Financial Insights Innovation Awards (FIIA) at the Asian Financial Services Congress 2018. This year’s recipients were chosen for setting technological and business precedents to drive new, successful practices within their
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NTU Works with Alibaba on Their First Joint AI Research Centre Outside of China
Nanyang Technological University, Singapore (NTU Singapore) and Alibaba Group officially launched the Alibaba-NTU Singapore Joint Research Institute today at a ceremony graced by Dr Amy Khor, Senior Minister of State for the Ministry of the Environment and Water Resources and Ministry of Health, Singapore. The signing of
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Singapore Fintech Company Selected for EY’s Accelerator Programme
EY has selected 30 promising entrepreneurs from across Asia-Pacific, the Americas and EMEIA to take part in its 2018 Accelerating Entrepreneurs (AE) program. Of these, three entrepreneurs are from Singapore: Olivier Berthier, CEO, Moneythor Navin Suri, CEO, Percipient Partners, Pte.
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