Tag "Asia Pacific (APAC)"
Fintech Funding in APAC Has Doubled This Year to over US$ 5 Billion
In H1 2021, fintech funding in Asia-Pacific surged to US$5.56 billion, more than double the same period last year. The figure puts the year 2021 well on track to surpass pre-COVID-19 levels during which fintechs in APAC raised a total
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Fintech Apps See a Surge in Downloads Amidst the Pandemic
Mobile app usage habits and trends have seen a drastic uptick amid COVID-19 and lockdown measures. In Asia-Pacific (APAC), fintech mobile app installs grew 36% in 2019-2020 and 18% in 2020-H1 2021, the second highest growth rates for the period
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Regulators and Financial Institutions in APAC Waking up to Digital Asset Opportunities
In Asia Pacific (APAC), financial institutions and regulators are recognizing the potential of tokenized securities and exploring the concept. But despite recent positive developments, several challenges still need to be addressed, including regulatory heterogeneity and the need for deeper industry
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APAC E-Commerce Customers Embrace Digital Wallets and Buy Now, Pay Later
In Asia Pacific (APAC), customers are embracing new payment methods such as digital wallets and buy now pay later (BNPL) arrangements for their online purchases, found a new research by Stripe in partnership with Edgar, Dunn & Company. A survey
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Mobile Transactions in Vietnam Projected to Surge 300% In the Next 5 Years
Between 2021 and 2025, mobile transactions in Vietnam are expected to surge 300% as Vietnam continues to leapfrog into the mobile channel, a new report by IDC and Backbase found. The second edition of Fintech and Digital Banking 2025 Asia
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Only 5% of The World Challenger Banks Are Profitable, Most of Them Are From Asia
Out of the 50 digital challenger banks operating in Asia Pacific (APAC), just ten operators are profitable. These providers are primarily located in China and Japan, indicating that the two nations offer the most mature and developed digital banking landscapes
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Global E-Commerce Revenues Surge; Asian Nations Lead in Growth Rate Ranking
Global e-commerce sales have surged amid the COVID-19 pandemic, with China, Hong Kong, South Korea, Vietnam, India and Japan recording amongst the highest revenue growth rates in the world, a Payoneer whitepaper says. Chinese sellers saw sales volumes surged 65%
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24 Upcoming Fintech Webinars and Online Events in Asia Pacific
Fintech webinars and online events continue to attract a large audience of industry stakeholders and professionals looking to network and keep up with the rapidly evolving landscape, all the while remaining safe and healthy at a time when the COVID-19
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Mambu: Significant Misunderstanding Hampers Open Banking Adoption
Most customers still don’t understand what open banking is and its benefits, a misunderstanding that’s hampering adoption, found a new survey by Mambu, a software-as-a-service (SaaS) banking platform provider. Out of 2,000 global banking customers surveyed, more than half (52%)
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Top 10 Fintech Funding Mega Rounds in Asia Pacific in 2021 so Far
Fintech funding significantly picked up this year and is estimated to have reached US$15 billion in Q1’21, data from CB Insights show. In Asia, fintech investments are projected to surpass US$2.6 billion, the region’s highest quarterly total since Q1’20. Driving
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