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10 Southeast Asian Startups Listed on CB Insights’ Top 250 Fintechs
Business analytics platform and global database CB Insights has released its annual selection of the world’s 250 most promising private fintech companies. Among this year’s top 250 fintech companies, ten ventures are from Southeast Asia and address areas such as
Read MoreSingapore Gears up for Next Phase of Growth for SGQR
Singapore has big plans for its national QR code payment standard. The country wants to establish its Singapore Quick Response Code (SGQR) as a top mobile payment method at physical stores, and is pursuing linkage opportunities with other national QR
Read MoreTop 10 Most Well-Funded Fintechs in Indonesia in 2022
Indonesia, Southeast Asia’s largest economy, has emerged over the past couple of years as one of the region’s biggest fintech hubs. Home to 785 fintech companies, as of late 2021, Indonesia is currently Southeast Asia’s second largest fintech startup community.
Read MoreVietnam’s Be Group Secures US$60 Million Loan Facility From Deutsche Bank
Vietnamese ride-hailing startup Be Group announced that it has secured a loan facility of approximately US$60 million from Deutsche Bank with the option to increase the financing up to US$100 million. Be Group said that it will use the funds to
Read MoreSingapore’s Newest Digital Bank Trust Officially Launches Today
Singapore’s newest digital bank Trust announced its official launch today and launches with a range of products for its customers, comprising a credit card, savings account and family personal accident insurance. Trust’s shareholders Standard Chartered Bank, FairPrice Group and NTUC
Read MoreGXS Bank Introduces Savings Account Ahead of Launch Next Monday
The Grab-Singtel digital bank consortium, now branded as GXS Bank, announced the roll out of its savings account ahead of its launch next Monday. The consortium was among the four successful applicants having secured a full digital bank license from
Read MoreTop 7 Fintech Startups in Vietnam in 2022
Vietnam is one of Asia’s most dynamic startups scenes, a burgeoning ecosystem that’s risen on the back of the country’s booming digital economy, a young population willing to test and adopt new technology consumer services, and a surge in overseas
Read MoreSleek’s Foray into Singapore’s Dynamic SME Digital Finance Space
Sleek, an online corporate services provider, is looking to expand its footprint in Singapore’s vibrant small and medium-sized enterprise (SME) digital banking space, announcing on June 13, 2022, the launch of an array of new products designed to complement its
Read More4 Trends That Will Shape Financial Services in a Post-COVID World
The groundswell of digitalisation that forced whole industries and services online in 2020 during the early onset of the COVID-19 pandemic, only continued growing in 2021 despite the return to office-based work and vaccine rollouts across the globe. Corporations, SMEs,
Read MoreVietnam’s Banking Execs Call for Open Banking Framework
In Vietnam, although financial institutions have realised the potential of open banking to enable more inclusive and accessible financial services, a patchy legal framework is hampering their efforts to join the data revolution. Praising the opportunities brought about data sharing,
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