Archive

New Peer-To-Peer Lending Players In Vietnam

A new company called Lendbiz was recently set up in Hanoi. The company offers a peer-to-peer lending platform targeted at small and medium-sized enterprises (SMEs) in Vietnam. Lendbiz joins other peer-to-peer lending platforms in Vietnam such as Timma, Vaymuon and

Read More

World’s First Underwater Drone Launched in Singapore

Powervision Launches The World’s First Consumer Underwater Drone, Powerray In Singapore PowerVision, a world leader in AI robotics and technology unveils the PowerRay, an innovative underwater robot with groundbreaking features to revolutionize recreational fishing enthusiasts and marine photography. Going beyond

Read More

Behind The Noise: Indonesia’s Real Stance on Bitcoin & Cryptocurrencies

The Central Bank of Indonesia (BI) caused a brief panic when it sent out a press release  on Indonesia’s bitcoin ban earlier this month, reminding the Indonesian public to not buy and sell Bitcoin and other virtual currencies. Many media

Read More

EY: Big Risks in the ICO Market

A lack of fundamental valuation and the due diligence process by potential investors is leading to extreme volatility of the initial coin offering (ICO) market, according to new research published by EY. The research also found that in some cases

Read More

Top 5 Fintech Philippines News of the Week (CW 4)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Here we go:   SM Store, PayMaya to Transform Retail Industry with Cashless Payments The SM Store and PayMaya Philippines are once again redefining the

Read More

Alipay partners Global Tax Free to roll out tax refund service in Singapore, a first in Southeast Asia

Alipay, the world’s largest mobile and online payment platform operated by Ant Financial Services Group, along with Global Tax-Free today announced that Chinese travelers visiting Singapore can now have tax refunds deposited directly into their Alipay accounts after completing all procedures at

Read More

Mobile Wallets, Acquirers and Payment Networks Collaborate to Enable QR Payments in Singapore

7 mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, Mastercard, UnionPay International and Wirecard, have formed a consortium to enable interoperable QR payments in Singapore for consumers and merchants. In line with SG QR,

Read More

Singapore Lending Platform Capital Match secures Series-B funding: Goes Hong Kong

Capital Match, a Singapore based regional fintech company which operates a platform for invoice financing and secured lending, announced that its Series-B funding round was oversubscribed. The capital raised will support its latest expansion to Hong Kong, technology development, and

Read More

tryb: Investment Of US$30 Million By Makara Innovation Fund To Accelerate The Development Of Its Financial Infrastructure Platform For ASEAN

tryb Group, a financial technology platform, announced a US$30 million investment by Makara Innovation Fund  a US$717 million private equity fund that invests in IP driven small- to mid- companies with the aim of scaling, internationalizing and creating enterprise value.

Read More

Stripe is Ending Bitcoin Support

At Stripe, we’ve long been excited about the possibilities of cryptocurrencies and the experimentation and innovation that’s come with them. In 2014, we became the first major payments company to support Bitcoin payments. Our hope was that Bitcoin could become a universal,

Read More