Cambodia
Thunes Partners Cambodia’s ABA Bank for Faster, Cheaper Cross Border Payments
Global payments network Thunes announced a partnership with ABA Bank (ABA) to enable Cambodians overseas to send money back home quicker and cheaper from around the world. Powered by Thunes’ last-mile capabilities and extensive global network, Cambodians living, working and
Read MoreCambodian Fintech Startup Clik Raises US$3.7 Million In Seed Funding
Clik, a Cambodian fintech startup, has completed the final close of its US$3.7 million seed round led by Openway and Poems Pte Ltd along with several global angel investors, a third of which are Cambodia-based. This round of financing, which
Read More5 Fintechs in Cambodia to Watch
Cambodia’s fintech industry is still nascent and though lacks behind its ASEAN neighbors including Singapore and Vietnam, the sector is growing steadily on the back of rapid adoption of digital payments and a large population of unbanked. As of early
Read MoreThailand and Cambodia’s Payments QR are Now Interoperable
Regulators from Thailand and Cambodia announced earlier the launch of an interoperable payment QR code between the two countries. Cambodian tourists visiting Thailand will now be able to use the mobile payment app to scan QR codes in Thailand, whereas
Read MoreFintech is the Single Largest Sector in Cambodia’s Startup Scene
With 78% of the population unbanked, only 3% population owning a credit card, and 13% using mobile payment, a new report seems to indicate that Cambodia’s fintech is poised for growth. The rise of fintech platforms and products could represent
Read MoreIs Cambodia The Next Stop for Grab’s E-Wallet?
Following its entry into Cambodia in 2017, Grab seems likely to bring its e-payment app, GrabPay into Cambodia sometime in 2019 as part of the wallet’s Southeast Asian focus. Cambodia and Myanmar are said to be key considerations for GrabPay’s expansion
Read MoreCambodian Fintech Startup Clik Raises USD$ 2 Million Seed Funding
Clik, a Phnom Penh-based startup building a Fintech platform has raised USD$2 million in seed funding from global partners and investors and is officially launching in Cambodia in Q2 of 2019 upon receiving its Payment Service Provider license from the
Read MoreCambodia Sees Growing Fintech Industry; Laos Still Lacks Behind
Cambodia’s startup ecosystem is experiencing growth, with tech investment on the rise. By Q2 2018, Cambodia had seen at least 12 tech startup funding announcements, or exactly a 140% increase from at five in the previous year, according to a
Read MoreAyondo Goes CFD Trading in Cambodia
ayondo Markets Limited, and Phnom Penh Derivative Exchange are establishing a collaboration through a white label agreement for ayondo to provide its CFD Trading platform TradeHub as the main execution base for derivative brokers trading CFDs for PPDE’s clients in
Read MoreCambodia 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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