Search Results for "grab"
7 Prominent Fintech Investors in Singapore Backing The Ecosystem
In 2023, Singapore continued to dominate the Southeast Asian fintech landscape, securing a total of US$747 million in funding in the first nine months of the year or 59% of all fintech investments in ASEAN, according to data from UOB,
Read MoreSingapore Made Up 59% of ASEAN Fintech Deals in 2023 Amid Funding Winter
In the recent past, Singapore’s fintech sector has emerged as a beacon of innovation and growth within the ASEAN region. However over the past year, the fintech sector in Singapore, reflecting global trends, is currently experiencing a significant funding slowdown.
Read MoreWho Are The Most Active Angel Investors in Singapore’s Fintech Scene?
Over the past decade, Southeast Asia has emerged as one of the fastest-growing markets and attracted numerous talented entrepreneurs. Despite this growth, innovative ventures and startup founders are facing challenges in accessing sufficient financial support. Angel investors in Singapore play
Read More5 Top Fintech Trends Set to Define Singapore in 2024
As the tech-driven economic landscape continues to evolve at a remarkable pace, Singapore remains at the forefront of this transformation, particularly in the realm of fintech. In 2024, some of the most prevalent fintech trends in Singapore showcase how the
Read MoreQashier’s New Sound Box Emits Instant Audio Alerts for Secure QR Payments
Singapore-based fintech startup Qashier has launched the QashierPay Soundbox, a new QR payment terminal designed to enhance digital payment security. This device features real-time auditory alerts, notifying merchants immediately upon successful transactions and is aimed at businesses with fast-paced and
Read MoreVPBank’s Subsidiary Invests US$30 Million in Vietnam’s Be Group
Be Group, a Vietnamese ride-hailing company and competitor of Grab superapp, has secured 739.5 billion dong (approximately US$30 million) from VPBank Securities, a subsidiary of Vietnam Prosperity Joint Stock Commercial Bank (VPBank). Through this investment, VPBank Securities will be a
Read MoreIndonesia Hosts Second Highest Number of Fintech Unicorns in Southeast Asia
Across Southeast Asia, Indonesia is rapidly emerging as a prominent fintech hub, a burgeoning industry that’s been growing on the back of economic growth, increased technology adoption and government support for fintech development. Data from market intelligence firm CB Insights
Read MoreLending is the Single Largest Fintech Revenue Driver in Southeast Asia
The digital economy of Southeast Asia remains robust, its resilience cemented by digital financial services that have proven to be the bedrock of growth amidst the pandemic and prevailing economic turbulence. The link between revenue and gross merchandise value (GMV)
Read MoreSingapore Fintech Festival 2023: Top 9 Highlights You Might Have Missed
The Singapore Fintech Festival (SFF) wrapped up its annual event on November 17, 2023, concluding a multi-day fintech program that attracted an estimated audience 60,000+ attendees. This year’s SFF brought together leaders and experts from around the world in finance,
Read MoreGreen Fintech Picks up Steam in ASEAN Amid Growing Investor Interest, Business Adoption
In Southeast Asia and the broader Asia-Pacific (APAC) region, green fintech is picking up steam and growing on the back of increasing climate-related regulations, growing adoption of sustainable practices among Asian businesses, and rising investors’ interest, a new report by
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