Tag "mobile payment"
Cambodia Sees Growing Mobile Payment Industry
While cash remains the undisputed king in Cambodia, the growth of digital transactions and mobile payments is providing tremendous opportunities for fintech ventures and solutions to serve the unbanked and transform the country’s financial landscape. High mobile phone usage and
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First Multi-Currency Mobile Wallet For Singapore Travellers
EZ-Link, You Technologies Group and Mastercard launched YouTrip, the first multi-currency mobile wallet enabling users to pay in more than 150 currencies when overseas or shopping online without any currency conversion or transaction fees. This tri-party collaboration marks EZ-Link’s first advancement into
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“Blood and Sand”: The Moment-of-Truth for Mobile Wallets in Asia
“The Deed of the Dying” Many ‘digital wallet” companies in Asia (ex. China) are finding it hard to demonstrate any meaningful value for the users. Wallet Players have experimented with various business models to monetize, but primary focus thus far has
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Fintech in Vietnam: Mobile Payment Space Ripe for Rapid Growth
The mobile payment space in Vietnam is ripe for exponential growth and there are three main factors supporting the trend: the relatively young population (42.1% are under 25 years old), the rate of smartphone penetration surpassing 50%, and the majority
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Fintech Vietnam Boom Starts: Vietnamese Fintech Startup Raises US$28M From Goldman Sachs and Standard Chartered
Standard Chartered Private Equity (SCPE) and Goldman Sachs have respectively invested US$25 million and US$3 million in M_Service, a Vietnamese fintech startup and the operator of mobile digital wallet MoMo. The deal marks the second publicly disclosed investment in M_Service by
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Cambodia Fintech: Leveraging Technology to Bank to Unbanked
With only 27% of Southeast Asia’s 600 million population having bank accounts, the region represents an untapped opportunity for fintech companies, in Cambodia these ventures that are leveraging technology to provide more efficient and cheaper banking and financial services. In
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8 “Top” Mobile Payment Providers in Vietnam
Mobile Payment in Vietnam: Boosted by the rising of Internet and smartphone penetrations, online commerce and m-commerce are expanding their reach in Vietnam. According the International Finance Corporation (IFC), a member of the World Bank Group, m-commerce, led by social
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Singtel and SCB’s Dash Seeks to Reinvent How Singaporeans Pay, Save and Borrow Money
Released in June 2014, Dash is a mobile banking service from Singapore Telecommunications Ltd. (Singtel) and Standard Chartered Bank (SCB) that aims to reinvent the way Singaporeans access, save and borrow money, make payments and purchase insurance. Essentially, Dash consists in
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5 Singaporean Fintech Startups MAS Should Consider Supporting
Announced in August 2014 by Prime Minister Lee Hsien Loong, Singapore’s Smart Nation initiative will lead to the city-state’s transformation into the world’s first smart nation; in other words, a hyper-connected country where the pervasive use of technology is expected
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Fintech Vietnam: 6 Vietnamese Fintech Startups to Watch
Vietnam Fintech Startups: We talk a lot about how London and New York are leading the fintech race. But to be fair, fintech is hot just about everywhere. Today, we take a closer look at what Vietnam has got to
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