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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
Read MoreStripe Allows Singapore Businesses to Offer PayNow Transactions
Stripe, a global financial infrastructure platform for businesses, announced that its Singapore-based users can begin accepting PayNow as a payment method across its integrated suite of solutions. Since its launch in 2017, PayNow has grown to over 4.9 million registered
Read MoreSoutheast Asia is Among The Highest Adopters of Mobile Banking
Over the past decade, Southeast Asia has undergone a significant technological transformation, a shift that’s been enabled by the region’s highly adaptable digital consumers. Consumers have leapfrogged to mobile devices, skipping personal computers altogether. Southeast Asia’s mobile-first digital ecosystem can
Read MoreTop 5 Most Well-Funded Fintech Startups from Singapore
With 1,350 fintech companies as of October 2021, Singapore is Southeast Asia’s fintech powerhouse, and a major fundraising and operational hub for fintech companies operating across the region. In 2021, Singapore-based fintech firms continued to attract the strongest funding in
Read MoreBNPL Predicted to Be Singapore’s Fastest Growing Online Payment Method by 2025
In Singapore, alternative payment methods including buy now, pay later (BNPL) arrangements and digital wallets, are surging in popularity. By 2025, fintech software provider FIS projects that these payment methods will make up half of online payments, with BNPL forecasted
Read MoreEarned Wage Access Firm wagely Raises US$8.3 Million in Pre-series A Funding
wagely, an Indonesian financial wellness platform, announced that it has raised US$8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding
Read More5 Early-Stage Fintech Startups from Vietnam to Follow in 2022
2021 was a fruitful year for Vietnam’s fintech sector which saw rising consumer adoption of digital financial solutions amid COVID-19 restrictions and continued investor interest in the growth prospect of the sector. Vietnamese fintech companies raised a total of US$375
Read MoreUnlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden their reach and go global, a recent report by Currencycloud
Read MoreTop 5 Cryptocurrency-Related Search Terms on Google
Google. That’s the first thing most of us think of when we are looking for a piece of information. Googling acts as the first stop for most people on the start of their cryptocurrency journeys to learn the basic and
Read MoreKPMG: Singapore’s Fintech Investment Tops US$3.94 Billion, Crypto Takes Top Spot
Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021 according to the KPMG Pulse of FinTech H2’21 report. This is a 37 percent increase compared to 2020’s deal count with 139 deals and a 91 percent
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