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Is the Death of BNPL Services Imminent?
The global flirtation with Buy Now Pay Later (BNPL) services seems to be coming undone, as new data on consumer payments unveils a significant drop in the appetite for this contentious credit payment approach. BNPL experienced a surge and became
Read MoreDCS Card Centre Secures S$100 Million Upsize in Asset-Backed Notes
Singaporean fintech DCS Card Centre has secured an additional S$100 million in asset-backed notes, raising their total funding to S$400 million. This move follows the S$300 million previously raised in December 2023. The funds from the additional issuance will be
Read MoreMike Stawchansky to Spearhead Finastra’s Gen AI Initiatives as New Tech Chief
Financial software provider Finastra has appointed Mike Stawchansky as its new Senior Vice President and Chief Technology Innovation Officer. Mike, who will be working closely with the Office of the CEO, is set to spearhead the company’s initiatives in customer
Read MoreDemystifying the World of Cryptocurrencies: An Insightful Exploration
The digital age has ushered in a revolutionary form of currency that transcends physical boundaries and traditional banking systems: cryptocurrencies. This innovative financial tool has not only captivated the interest of investors but also marked a significant leap in how
Read More5 Asia Pacific Fintech Firms Eyeing an IPO Earliest in 2024
The fintech industry in the Asia Pacific region is booming, with several high-growth companies potentially eyeing an initial public offering (IPO) as early as 2024. Rapid digitalisation, a young internet-savvy population, and underserved markets make the region ripe for fintech
Read MoreLibertex: Once a Leader, Always a Leader
The leading CFD broker part of Libertex Group that has been shaking the retail trading space for over two decades stands out as a beacon of innovation and excellence. Libertex, a name revered by millions of traders worldwide for more
Read MoreFormer Grab Exec Mehrotra Leads JULO to Profitability, Eyes IPO Plans
JULO, an Indonesian fintech offering digital peer-to-peer lending, has announced it reached an annual recurring revenue surpassing US$120 million in 2023. The company also reported a 50% increase in its loan disbursement volume for the year, alongside achieving operational profitability
Read MoreVietnamese Fintech 1Long Raises US$500K in Pre-Seed Funding
1Long, a fintech startup based in Vietnam, has raised US$500,000 in a pre-seed funding round supported by a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital. With this new funding, 1Long plans to invest in technological
Read MoreSimplifying Global Money Movement with Visa Cross-Border Solutions
In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it
Read MoreSumsub to Showcase Digital Identity Verification Solutions at Seamless Asia
Singapore is one of the world’s leading hubs for fintech innovation. But with innovation comes risk – especially around identity verification and fraud prevention. That’s why forward-thinking payment platforms like dtcpay rely on partners like Sumsub. By implementing Sumsub’s no-code
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