Tag "Southeast Asia"
Top 10 Wealthtech Players from Southeast Asia to Watch in 2023
2022 has been a challenging year for fintech startups as investors scaled back their investment, valuations plummeted and tech firms were forced to undergo massive layoffs. But despite turbulent market conditions and shrinking fintech funding activity, several wealthtech players in Southeast
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Singapore Fintech Sector Moves to Scale-Up Phase
Over the years, Singapore has successfully fostered the development of a striving fintech ecosystem, leveraging its historical financial, technological and regulatory strengths. Today, Singapore is one of the Southeast Asia’s fintech leaders and is home to a vast community of
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Southeast Asia’s Cross Border Transfer Industry Landscape
Southeast Asia’s money transfer market is a dynamic and fast-evolving sector that has been impacted by increased digitalization, rapid adoption of digital wallets, and the rise of so-called super-apps. A new report by FXC Intelligence, a financial data company specializing
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Singapore Dominates Nearly Half of All Fintech Funding in ASEAN
Results from the UOB study were shared in the latest Fintech in ASEAN report, an annual report by UOB, PwC Singapore and the Singapore Fintech Association, which looks at the state of fintech in Southeast Asia and venture capital (VC)
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Mastercard’s Study Shows That Buy Now, Pay Later Is Rising in Popularity in APAC
Buy now, pay later (BNPL) options are rising in popularity in Asia-Pacific (APAC) where consumers are increasingly turning to these payment arrangements to pay for bigger-ticket items like electronics and appliances, findings from a Mastercard study show. A survey conducted
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Southeast Asian Nations Roll Out Digital Nomad Visa Schemes
Malaysia has become the latest nation in Southeast Asia to roll out a digital nomad visa scheme, a move that’s intended to turn the country into a major remote work hub in the region and boost digital adoption domestically. Supported
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Could Decentralized Finance (DeFi) Redefine Banking in South East Asia?
Decentralized finance – often called “DeFi” – is a hot topic in the cryptocurrency world, with billions of dollars’ worth of value locked into various protocols and platforms. At its core, the decentralized finance movement aims to upend the decades-old
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Here’s How Ant Group is Charting its Path to ASEAN Domination
Ant Group, the fintech affiliate of Chinese e-commerce giant Alibaba, is pursuing its expansion plans across Southeast Asia, ramping up its business in a region that’s characterized by a fragmented payment market and no clear leader. In Southeast Asia, the group
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10 Southeast Asian Startups Listed on CB Insights’ Top 250 Fintechs
Business analytics platform and global database CB Insights has released its annual selection of the world’s 250 most promising private fintech companies. Among this year’s top 250 fintech companies, ten ventures are from Southeast Asia and address areas such as
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Crypto Exchange Binance Pursues Aggressive Expansion Plan in Southeast Asia
Binance has embarked on an aggressive expansion plan in Southeast Asia where the cryptocurrency exchange is looking to capitalize on booming trading activity to establish leadership in the region, and build influence in local markets. These ambitions were materialized by
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