Tag "Southeast Asia"

Open Banking Progresses in Southeast Asia

The open banking landscape in Southeast Asia is witnessing significant advancements and initiatives. Financial institutions are increasingly acknowledging the benefits of open banking, fintech startups are embracing application programming interfaces (APIs) to introduce new solutions, and consumers are adopting digital

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Crypto Adoption in Southeast Asia is On the Rise

Crypto in Southeast Asia is increasingly popular among investors. The region is home to a complex financial landscape that’s characterized by a significant portion of the population being underbanked or unbanked, alongside a digitally-savvy youth demographic with high mobile Internet

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Singapore Remains the Top Choice For Venture Capital in Southeast Asia

Southeast Asia is expected to remain an appealing destination to both private equity (PE) firms and venture capitalists (VCs), with Indonesia and Singapore remaining as the top choice for venture capital in Southeast Asia while Vietnam and Malaysia are gaining

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Southeast Asia: Fintech Holds Strong Despite Tech Investment Pullback

Aligning with global trends, Southeast Asian tech investments recorded a considerable decline in 2023, influenced by increasing interest rates, high inflation and supply chain disruption. Despite the notable pullback, fintech continued to see traction from investors, with digital lending in

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Who Were The Top Funding Fintech Rounds in 2023 in Southeast Asia Beyond Singapore?

When speaking of the fintech ecosystem, Singapore often receives the limelight due in part to its success in establishing itself as a regional fintech hub. The same pattern emerges when looking at funding rounds. When you analyse the top funding

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Green Fintech Picks up Steam in ASEAN Amid Growing Investor Interest, Business Adoption

In Southeast Asia and the broader Asia-Pacific (APAC) region, green fintech is picking up steam and growing on the back of increasing climate-related regulations, growing adoption of sustainable practices among Asian businesses, and rising investors’ interest, a new report by

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3 Southeast Asian Startups Make World’s Top 100 Fintech Firms List

Three fintech startups from Southeast Asia have been named among the world’s largest and most successful financial technology companies, recognized for their scale, growth and ingenuity. The Financial Technology Report has released its selection of the world’s Top 100 Financial

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9 Southeast Asian Startups Named Among World’s Top 100 Fintechs of 2023

Market intelligence platform CB Insights has announced its selection of this year’s top 100 most promising private fintech companies in the world. Of this year’s Fintech 100 list, nine companies are headquartered in Southeast Asia, seven are from Singapore two

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BNPL to Grow Nearly 9-Fold through 2025 in Southeast Asia

In Southeast Asia, the rise in Internet penetration and smartphone usage, coupled with the region’s booming e-commerce sector and large population of unbanked, are providing fertile ground for alternative payments to strive. Buy now, pay later (BNPL) arrangements, a type

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Two Asian Firms Make CB Insight’s 2023 Top 50 Insurtech Companies List

In Q2 2023, global insurtech funding recorded a significant 36% quarter-on-quarter (QoQ) decline from Q1’s US$1.4 billion, sliding below the US$1 billion mark for the first time since 2018, new data released by CB Insights show. The drop occurred amidst

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