Archive
Indonesian SME Lender Investree Secures US$10.5 Million in Debt Financing
Investree, an Indonesian B2B marketplace lending platform for Micro, Small and Medium Enterprises (MSMEs), announced that it has secured US$ 10.5 million in debt financing. The financing came from responsAbility Investments, a Swiss asset manager focused exclusively on sustainable investment
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McKinsey: APAC Continues to Lead Global Payments Revenue Despite 2020 Decline
Despite a slight decline, Asia-Pacific (APAC) continued to dominate the global payments landscape in 2020. With approximately US$900 billion in revenue, the region accounted for 47% of global payments revenues, according to the 2021 McKinsey Global Payments Report. This year,
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NTUC Income Expands Micro Insurance Offering to Indonesia, Vietnam and Malaysia
NTUC Income, an insurance cooperative in Singapore, made its first overseas foray into three Southeast Asian markets namely Indonesia, Vietnam and Malaysia. The company had formed partnerships with PT Central Asia Financial (JAGADIRI) in Indonesia, Post and Telecommunication Joint Stock
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FOMO Pay Taps Merkle Science’s Blockchain Monitoring Platform
Singapore-based major payment institution FOMO Pay has announced a partnership with Merkle Science, a predictive blockchain monitoring and investigative platform, to enhance its compliance, risk management and threat detection measures. In September 2021, FOMO Pay was granted the Digital Payment
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Venture Capital Firm Gobi Partners Appoints Paul Ark as Partner and Head of ESG
Gobi Partners, a Pan-Asian venture capital firm with US$1.2 billion in assets under management, has appointed Paul Ark as Partner and Head of Environmental, Social and Governance (ESG). Prior to joining Gobi Partners, Ark managed a US$100 million global corporate
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Validus Acquires KlearCard to Pave the Way for Its SME-Focused Neobank
Validus, Southeast Asia’s peer-to-peer (P2P) lending platform for small and medium-sized enterprises (SMEs), announced that it has acquired KlearCard’s business payments and expense management technology platform. The acquisition of the KlearCard platform will pave the way for Validus to accelerate its
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3 Drawbacks of Bitcoin and Why It’s Still Worth It
One of the most popular cryptocurrencies ever since it was first introduced to the digital market is Bitcoin. It is one of the oldest cryptocurrency that has been around and there has been a lot of debates that have been
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How To Find The Best Crypto Exchange For Your Trading Needs
There are many different crypto trading platforms to choose from if you are looking to engage in crypto trading. You would want to find the best partner to grow your investment in digital assets. Nonetheless, a reasonable degree of caution
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Challenges Faced By The Crypto Market In Going Global
While there are many advantages of getting a digital platform for global coverage, it cannot be discounted that the crypto market is still going through several hurdles before it can dominate countries all over the globe. Learn why crypto trading
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Joining the Crypto Craze: The Top Pros And Cons Of Bitcoin
When it was originally launched back in 2019, Bitcoin was by far the most widely adopted digital currency in the world. Currently, Bitcoin has a rough market value estimate of more than 677 billion dollars. Unlike the U.S. dollar, which
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