Tag "Fintech"

7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation
Various

7 Recent Stories That Proves Singapore is a Leader in Fintech and Innovation

In Southeast Asia, Singapore has established itself as a fintech hub leading the way when it comes to investment and regulations. A combination of favorable rulings, supportive initiatives from both the private and public sector, an already dynamic startup ecosystem,

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5 Ecosystems Enablers and B2B Providers for Fintech Startups in Asia
Various

5 Ecosystems Enablers and B2B Providers for Fintech Startups in Asia

The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. Aided by widespread Internet and mobile access, fintech companies and progressive banks have started to make inroads into

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Fintech is the Single Largest Sector in Cambodia’s Startup Scene
Cambodia Studies

Fintech is the Single Largest Sector in Cambodia’s Startup Scene

With 78% of the population unbanked, only 3% population owning a credit card, and 13% using mobile payment, a new report seems to indicate that Cambodia’s fintech is poised for growth. The rise of fintech platforms and products could represent

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Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups
AI Big Data Funding Philippines

Philippines’ Ayala Corp Raising US$150-M Fund for Disruptive Early-Stage Startups

The Ayala Corporation, Philippines’ oldest conglomerate, is raising a new venture capital fund worth US$150 million, dedicated towards investing into early stage startups engaged in e-commerce, as well as what the company deems as disruptive technologies; like fintech, healthtech, artificial intelligence,

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The First Stablecoin Pegged to the Philippine Peso is Launched to Facilitate Money Transfers
Philippines Remittance

The First Stablecoin Pegged to the Philippine Peso is Launched to Facilitate Money Transfers

Bitspark, a bankless money transfer platform, has just launched what it claims to be the first market-ready cryptocurrency pegged to the Philippine Peso (PHP)—named the peg.PHP Based in Hong Kong, the blockchain-enabled company made the revelation today, following its recent

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Forbes 30 Under 30 Asia 2019’s Banking And Fintech Superstars
Various

Forbes 30 Under 30 Asia 2019’s Banking And Fintech Superstars

Forbes has released its fourth annual 30 Under 30 Asia list, which features 300 disruptors, innovators and entrepreneurs from the region, all under the age of 30. Across 10 categories, young entrepreneurs and rising stars have been selected from 23

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Philippines’ Cryptocurrency Enabled Wallet Can Now Accept Western Union Transfers
Philippines Remittance

Philippines’ Cryptocurrency Enabled Wallet Can Now Accept Western Union Transfers

Blockchain-based financial services company Coins.ph and  Western Union have teamed up to allow the fintech startup’s five million customers receive international and domestic money transfers directly into their mobile wallets in the Philippines. The collaboration was announced following news of

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Saphron Raises SGD 1.35 M to Tackle Financial Inclusion in the Philippines
Funding InsurTech Philippines

Saphron Raises SGD 1.35 M to Tackle Financial Inclusion in the Philippines

Manila-based insurtech startup Saphron has raised SGD1.35 million seed fund coming from fintech-focused VC fund Sage, and Talino Labs, a venture lab that supports companies engaged in digital transformation. Founded recently by solutions architect Francisco “Kiko” Reyes Jr, Saphron plans

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What Have We Learned from Sandboxes and Innovation Offices?
Financial Inclusion Studies

What Have We Learned from Sandboxes and Innovation Offices?

If properly regulated, technology-enabled financial services such as mobile payments, peer-to-peer (P2P) lending, alternative credit scoring, and new forms of savings and insurance, can accelerate the rise in financial inclusion for the 1.7 billion people worldwide who do not have

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Can LinePay Become Japan’s WeChat Pay?
Mobile Payments

Can LinePay Become Japan’s WeChat Pay?

Line Corp., the Japanese mobile applications and Internet firm operating Japan’s most popular messaging app Line, has invested US$182 million into its digital payments unit Line Pay Corp, according to a filing. The move follows a challenging year 2018, which

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