Archive

CXA Group Sees Investment from HSBC in New Funding Round

CXA, an employee ecosystem platform for better health, wealth and wellness choices, announced today that it has raised fresh funding from Humanica, a Thai-based HR solutions provider, and HSBC Life, an indirect wholly-owned subsidiary of HSBC. With this latest capital

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Top 7 Fintech Startups in the Philippines for 2020

Last year, Manila was named one of the world’s friendliest cities in the world for fintech startups, and was recognized for its strong English-language skills and well-established outsourcing industries. Fintech companies already compose 15% of Manila’s startups, according to Startup

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AsiaCollect Completes US$ 6M Series Funding; Rebrands to Flow

Previously known as AsiaCollect, Flow, the credit management company announced today its Series A funding of US$6 million. The round is led by global institutional investors DEG, a development finance institution and a subsidiary of KfW Group of Germany; Dymon

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Huawei’s Webinar Series Aims to Help Businesses Cope with COVID-19

Huawei recently announced the launch of their webinar series targetted helping businesses to better cope with the COVID-19 pandemic. Happening every Thursday at 3.00pm Huawei’s webinars aim to tackle different issues and realities brought on by the health crisis. As

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Revolut Bolsters Leadership Team in Singapore with New CEO and Two Senior Appointments

Revolut, has bolstered its leadership team in Singapore with the appointment of a Chief Executive Officer, Chief Compliance Officer and Head of Growth. This comes after it announced Martin Gilbert’s appointment as Chairman of its Board, who sat on the

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P2P Lender Validus Raises US$20 Million in Series B+ Round Led by Vertex Growth

Validus, a SME financing platform that is also present in Indonesia (Batumbu) and Vietnam (Validus Vietnam), has successfully raised over US$14 million, with US$20 million in committed capital in its ongoing Series B+ funding round co-led by Vertex Growth Fund

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Rethinking Live Fintech Events and Summits in the Time of COVID-19

COVID-19 is continuing to spread around the world, causing deaths and major disruption to the global economy. To date, more than 251,000 people have unfortunately succumbed to the virus and the number of confirmed cases has exceeded 3.5 million, according

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63% of APAC Customers Willing to Switch to Challenger Banks in 5 Years

63% of banking customers in Asia-Pacific (APAC) are likely to use digital banking services offered by neobanks and challenger banks by 2025, highlighting the urgency for banks to innovate, according to the Fintech and Digital Banking 2025 report by Backbase

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Philippines’ RCBC is Thriving Despite COVID-19 Pandemic

Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is reporting record-highs in digital growth amid the pandemic and Philippines’ enhanced community quarantine (ECQ). The bank is seeing triple-digit growth of up to 821% in key metrics of RCBC’s online and mobile facilities

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Riding the Cloud to the Bank of the Future

Shifts in consumer behaviour towards digital services are resulting in monumental changes for the banking industry. Highly anticipated digital banking licenses will be awarded in Singapore and Malaysia this year, while the first of the winners of Hong Kong’s new

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