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Mastercard’s Study Shows That Buy Now, Pay Later Is Rising in Popularity in APAC

Buy now, pay later (BNPL) options are rising in popularity in Asia-Pacific (APAC) where consumers are increasingly turning to these payment arrangements to pay for bigger-ticket items like electronics and appliances, findings from a Mastercard study show. A survey conducted

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24 Fintech Founders And Investors Make Forbes’ 30 Under 30 Asia 2022 List

Forbes has released its annual 30 Under 30 Asia list, recognizing 300 young entrepreneurs, leaders and trailblazers in Asia Pacific (APAC), all under the age of 30, across 10 different categories. In Finance & Venture Capital, the 30 honorees include

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Southeast Asia’s Top 5 Largest Fintech Unicorn Exits

Over the past decade, Southeast Asia’s startup ecosystem has significantly matured with an estimated US$52 billion of venture capital (VC) invested into startups and an increasing number of large late stage deals, according to a 2021 report by investment firm

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Indonesian Lenders Ride the Digital Banking Momentum

Indonesia’s banking industry is on the verge of a revolution as a new breed of digital banks looks to capitalize on the country’s large population of unbanked and underbanked, and use the digital momentum created by the COVID-19 pandemic to

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Singapore Maintains Position as ASEAN’s Hub for Cross-Border E-Commerce Platforms

Across the Association of Southeast Asian Nations (ASEAN), Singapore has become the central hub for cross-border e-commerce platforms, favored by industry players for the forward-looking planning and deployment by the government of an advanced digital economy ecology, as well as

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China, India and Indonesia Record Highest Digital Wallet Adoption Rates Across APAC

Across Asia Pacific (APAC), China, India and Indonesia are leading the region in digital wallet adoption. A new report by business payment company PPRO found that in these three markets, online shoppers prefer using e-wallets such as Alipay, Paytm and

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Bank Rakyat Indonesia Leverages Open Banking to Bolster BRImo App

As one of Indonesia’s oldest and largest bank, Bank Rakyat Indonesia (BRI) is always a step ahead in adapting and applying the latest technologies to create various digital platforms and applications to support its customers’ digital needs. This includes BRImo,

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Indonesia Fintech Report and Map 2020

Indonesia has the world’s 16th largest economy and is the world’s fourth most populous country with 274 million people, out of these 84% below the age of 54. With Internet penetration standing at 67% and financial inclusion remaining a key

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Booming Indonesian Digital Finance Sector to See Revenues Reach US$8.6B by 2025

Indonesia, the largest economy in Southeast Asia and the eighth largest in the world in terms of purchasing power parity, has become one of the fastest growing fintech markets in the region. By 2025, digital financial services revenues in Indonesia

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85% Of Consumers in SEA Adopt Cashless Payment Solutions

Within Southeast Asia, 85 per cent of consumers adopt some form of cashless payment solution, a study by Visa has revealed. Visa’s Consumer Payment Attitudes Study 2021 also found 46 per cent of Southeast Asian consumers carry less cash in

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