Archive
6 Remittance Startups in Southeast Asia to Know
Remittances can contribute to a big chuck of the GDP of a country, notably in emerging markets. The World Bank estimates that migrants will send up to US$636 billion home in 2017, with three quarter of that amount being remitted
Read MoreWeLab Secures US$25 Million Credit Facility To Fuel Hong Kong Growth
WeLab, one of the fastest growing fintech companies in Greater China, has announced it has secured a credit facility of US$25 million from ING Bank. WeLab is the operator of Wolaidai (我来贷), one of China’s largest mobile lending platforms, and
Read MoreFirst 5 Licensed Players in Hong Kong Digital Payment Landscape
Hong Kong had granted Stored Value Facilities (SVF) Licenses to the first 5 batch of digital payment payment providers last month according to Startup Beat. This is in response to Payment Systems and Stored Value Facilities Ordinance which came into
Read MoreSingapore’s FinTech Answer To The $35 Billion Card Fraud Problem
We take card payment for granted in our daily life from the paying of meals to purchasing of concert tickets online. According to Nilson, the world purchased $28.8 trillion worth of goods and services in 2014 by credit, debit and
Read MoreTop Fintech Vietnam News – August 2016
Fintech Vietnam Meetup is back with another newsletter,August 2016 edition. With the fast pace of the recent development in Fintech, there are a lot of local and international news that we would like to share with you today. Make sure
Read MoreHong Kong’s Top 11 Fintech Influencers
With financial services accounting for 16% of its GDP and employing 236,000 people, or 6% of total employment in Hong Kong, it comes with little surprise that the region has made fintech one of its top priorities. Hong Kong, one
Read MoreFintech Regulation in Asia: How Singapore, HK, Korea, Japan, China, India Are Doing it
In 2015, Asia’s fintech startups attracted US$4.5 billion in venture capital funding through 130 deals, making the region the second biggest player in terms of venture capital following North America with US$7.7 billion through 378 deals. According to a report
Read MoreCould InsurTech Revolutionise Insurance Into a Utility, as Accessible as Electricity?
Imagine a time when oil lamps dimly lit up streets. If you had a privilege of having one of those contraptions outside your home, you would be forgiven for not feeling overly joyous, majority of the time. While it
Read MoreFintech in Thailand: 4 Leading Startups and Apps
The announcement of the central bank and government of Thailand to impose tightened financial regulations towards startups and platforms in its fintech industry prompted serious concerns over the Thai fintech ecosystem from local investors and entrepreneurs. In contempt of the
Read MoreIs Returning Asian Talent Key to the Budding South-east Asian Economy?
South-east Asia’s rapid economic progression is bringing it further up the ladder in the global race to capitalist success, and with this boom in local potential comes a new drive for white-collared talent. There is now an ever-expanding number of
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