Tag "unbanked"

The Digital Ecosystems That Will Help Indonesia Reach 80% Financial Inclusion

The Southeast Asia Internet Economy Report 2019 by Google, Temasek, and Bain & Company predicts that Indonesia’s digital economy will more than triple to US$133 billion in 2025, driven largely by increasing acceptance by its more than 260 million population.

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With 70% Unbanked Population, Myanmar Bets on Fintech to Improve Financial Inclusion

Despite the Myanmar government’s push to expand access to financial services, the country still trails far behind the rest of Asia in rates of participation in formal financial services, financial literacy, savings rates and the use of digital financial services,

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New Partnership Enables Filipinos to Get Salaries in Their Gcash Wallet

Singapore-based payroll services provider Excelity Global has partnered with Philippine mobile money wallet GCash to allow disbursement of salaries and reimbursements in an employee’s GCash account. This feature is directly integrated with Excelity’s payroll clients through the GCash App and

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17 E-Wallets in The Philippines You Should Know

“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial

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10 Notable Incubators and Accelerators In The Philippines

The Philippines is considered by several businessmen as a good testing ground to launch and nurture startups not only because of its low cost of living, and growing young and tech-savvy population that speaks English, but also because there is

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Top 5 Fintech Philippines News of the Week (CW 16)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also, you can subscribe to our monthly Fintech PH Newsletter here. Here we go: Senator De Lima urges immediate

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Top 5 Fintech Philippines News of the Week (CW 10)

Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week: Follow the Fintech Philippines Facebook or Twitter channel to stay updated. Also you can subscribe to our monthly Fintech PH Newsletter here. Here we go: FINTQ rolls out 1

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Sweetbridge foresees Philippines thriving as a Digital Economy

Sweetbridge Inc, a blockchain movement in the US, is expecting the Philippines to become a successful digital economy. The group’s strategic communications director Aaron Stanley shared his vision during a visit in Cebu City together with Sweetbridge CEO Scott Nelson

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Filipino Fintech Startup Brings Pawnbroking to the Digital Age

Aimed at solving the problem of expensive credit and interest in emerging countries, PawnHero has launched the first pawnshop operating in Southeast Asia that doesn’t have an actual physical outlet. In the Philippines, over 70% of the population has visited

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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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