Archive

New Alternative Lending and Micro Lending Players in Vietnam

Since 2013, consumer lending in Vietnam has increased strongly, driven by robust economic growth and a rising middle-class. Over 2014 – 2018, the top 11 Vietnamese banks, whose combined loans make up roughly 70% of system loans, had expanded their

Read More

Doxa to Launch Blockchain Platform to Match Invoices for SMEs

SMEs will no longer need to manually reconcile purchase orders and invoices Singaporean startup, Doxa, claims. With their enterprise SaaS platform Andromeda, the startup claims to be able to enable businesses to transact goods and services without the hassle of

Read More

Malaysian Bank Secures 500k Customers in 6 Months Thanks to Partnership with Gcash

CIMB Bank Philippines announced that it has garnered 500,000 customers, approximately six months after opening its doors for business in the Philippines. The milestone was reached anchored on a strong proposition of co-creation and partnership between CIMB Bank and GCash,

Read More

Backed by Tencent’s Co-Founder, Koku Eyes Indonesian Expansion

Singapore based fintech KOKU has announced its plans to expand into Indonesia.  Its regional expansion follows their successful US$2 million pre-series A funding round earlier this year, which was led by Decent Capital, an investment firm started by Tencent Co-Founder

Read More

Bankex’s MainWallet For Telegram Sees 5,000 Users Within First Week of Launch

Bankex’s newest dApp could be as important to the world of commerce as the first of e-commerce Web sites launching, as thousands of our early users can testify. If you want to make a payment or transfer digital assets using

Read More

Big Changes Shaping the Future of Fintech

Fintech was born as a solution to the global financial crisis of the early 2000s, so it’s a very young industry. But how can these young fintech companies survive against long-established competitors? By reimagining the way that we all handle

Read More

How AI and Automation is Changing the Face of Investing

The growing importance of the role played by Artificial Intelligence (AI) in virtually every aspect of modern life is difficult to overstate. In simple terms AI describes the ability of a computer to think and learn. It captures the fact

Read More

Standard Chartered Completes Blockchain Trial with Thailand’s Oil Giant Using Voltron

The use of blockchain for trade finance is often one of the most cited potential use case for technology, with some sources claiming that using blockchain to remove the bottlenecks  could potentially increase global trade volumes by US$1.1 trillion by

Read More

77% Consumers in Asia Pacific Prefers to Bank Digitally

Consumers in Asia Pacific are some of the most advanced when it comes to digital engagement with financial services, with seventy-three percent of consumers believing that they should be able to accomplish any financial task on a mobile device, according to new

Read More

MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services

The Monetary Authority of Singapore (MAS) today launched Sandbox Express to provide firms with a faster option to test innovative financial products and services in the market. The idea was first mooted last year when MAS issued out a consultation

Read More