Search Results for "wave money"
Telenor Sells 51% Stake in Wave Money for US$ 53 Million
Telenor Group announced that it will be selling its 51% stake in digital payment solutions provider Digital Money Myanmar, also known as Wave Money, for US$ 53 million to Yoma MFS Holdings, a subsidiary of Yoma Strategic. This subsidiary is to
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Wave Money Doubled Its Transaction Volume Last Year at US$ 8.7 Billion
Wave Money, a Myanmar-based mobile financial services provider, recorded a total of 12 trillion Myanmar kyat (US$ 8.7 billion) in transactions last year as the country rapidly embraced digital financial services in the face of the COVID-19 pandemic. The firm
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Myanmar’s Wave Money Clocks More Than a Million Monthly Users for Its Wavepay App
Wave Money, a Myanmar-based mobile financial services provider, announced that its WavePay application has crossed 1.1 million monthly active users in October. With a remittance value reportedly reaching 8 Trillion Myanmar Kyat (US$ 5.9 billion) from January to September 2020,
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Wave Money targeted by Yoma, 19.4 Mio USD for 34% stake
Yoma Strategic Holdings Ltd. plans to acquire a 34% stake in Digital Money Myanmar Co., Ltd. (“Wave Money”) from First Myanmar Investment Company Limited for US$19.4 million, which is subject to completion and will be funded within existing capital plans
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Wave Money Is The First Fintech Company In Myanmar To Launch An Open API Linking Merchants And Customers
Wave Money is the first fintech company in Myanmar to launch an open Application Programming Interface (API) platform with the introduction of the Wave Money Developer Portal which will enable cashless payments between merchants and customers. This is the latest
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Rohith Murthy Named MoneyHero CEO, Aggarwal Moves to Advisory Role
Financial product comparison platform MoneyHero announced the immediate appointment of Rohith Murthy as the Chief Executive Officer (CEO). His appointment comes on the heels of Prashant Aggarwal’s resignation, which took effect on 20 February 2024. Aggarwal, who guided MoneyHero from
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5 Wealth Management Fintechs Making Waves in Singapore
Singapore, renowned for its forward-thinking and proactive approach, has once again demonstrated its commitment to maintaining a leading edge in the financial sector with the unveiling of the refreshed Financial Services Industry Transformation Map (ITM) 2025. A core focus of
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Top 5 Thai Fintechs We Think Will Make Waves in 2024
Thailand is home to a vibrant and rapidly evolving fintech sector, an industry that’s grown throughout the years on the back of supportive government initiatives, a growing middle class and increased digital penetration, as well as a burgeoning ecosystem of
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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave
In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s
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Payments Firm Ascend Money Becomes Thailand’s First Fintech Unicorn
Ascend Money, has hit US$1.5 billion valuation following its latest US$150 million funding, making it Thailand’s first fintech unicorn. The funds will be used to grow the user base of its e-wallet application; TrueMoney Wallet and to expand digital financial
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