Archive

Meet the 5 Startups Selected for Visa’s Accelerator Program

Visa announced today that they have selected five startups to be part of their first Visa Accelerator Program in Asia Pacific. Over the next four to six months, they said that the startups will focus on creating defined commercial opportunities

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Bad Bots Keep Their Eyes on the Money

If you could look like a million people, what kinds of crimes could you commit? Today’s fraudsters have access to enormous resources and pretend to be a whole horde of people with nearly limitless options at their disposal to mask

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Singapore-Based Neobank StashFin Raises US$ 40 Million in Series B Extension

StashFin, a Singapore-based neo-banking startup, announced the successful completion of the extension of its Series B equity financing of US$ 40 million. New investors participating in the round include Altara Ventures and Uncorrelated Ventures with previous investments from Integrated Capital,

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State of Open Banking 2021: Indonesia

In this current era of digitalization and personalization, the concept of Open Banking has been rapidly disclosed among experts, and perhaps consumers. The term itself refers to a business model where data can be exchanged in order to be used

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NUS Offers Singapore’s First Masters and PhD Programmes in Fintech

The National University of Singapore (NUS) will offer two new graduate programmes in fintech in the new academic year, to help build a robust ecosystem of high-quality research talent and capabilities to support the fast-growing financial industry in Singapore. The

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Atome Financial Acquires Indonesian Financing Firm

Atome Financial, the parent company of Buy Now, Pay Later (BNPL) firm Atome, has completed its acquisition of local financing company PT Mega Finadana Finance in Indonesia. Details of the acquisition was not disclosed. The acquisition will allow Atome Financial

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Enhancing Remote Working and Cybersecurity a Top Priority of Asia Pacific

Across Asia-Pacific (APAC), firms are ramping up their digital transformation efforts, focusing primarily on adopting cloud computing, improving cybersecurity and enhancing remote working, a new survey by Australian telco firm Telstra. The study, conducted in late-2020, polled 420 business decision-makers

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Wealthtech Endowus Raises S$23 Million to Fuel Its Expansion Plans in Asia

Singapore-based digital wealth advisor Endowus announced that it has completed a S$23 million first close of its Series A funding round. It was led by Lightspeed Venture Partners, a global venture capital firm, with participation from SoftBank Ventures Asia. Endowus

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In APAC, Southeast Asia Consumers are Most Receptive to Challenger Banks

Two out of three banking customers in Asia Pacific (APAC) are either relatively open or inclined to consider fintechs and challenger banks which they perceive as being successful in addressing customer pain-points and facilitating customer journeys, a new survey found.

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