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

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WeLab 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

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First 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

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Singapore’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

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Hong 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

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Fintech 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

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Could 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

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Is 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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