Financial Technology
Singapore fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Singapore fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Chart of the Week: Korea's internet-only banks still sparring for market share
The two players only account for 0.6% of the loan market in Q1.
Why you shouldn't miss the ABF Digital & Open Banking Conference
Top executives from Standard Chartered, Revolut and EY will attend the prestigious event.
UnionBank's UBX Philippines ties up with Ping An to build blockchain-enabled platform for MSMEs
It will cover various services such as multi-channel loan applications, credit assessment, and loan disbursements.
Virtual banks may only account for less than 1% of Singapore loan market by 2022
Retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.
How GoBear makes financial comparison easy for the everyday consumer
Its platform matches users with financial products like insurance, credit cards, and trade finance.
Singapore's fintech invasion has no end in sight
About 43% of fintechs in Southeast Asia choose Singapore as their home amidst strengthening growth prospects.
Here's where alternative lending thrives in Asia
The land of GoPay and OVO is no man’s land for banks.
Korea rejects two web-only bank applicants
It cited lack of innovation and concerns over governance and financing.
Crowdfunding flourishes in Malaysia as banks reject loan applications
Equity crowdfunding and P2P platforms have raised $84m for small businesses so far.
Citi Ventures to offer experiential learning in fintech to Singapore students
The 15-week programme at SMU will launch in January 2020.
JP Morgan Invests in Indian fintech startup
Global PayEx offers a cloud-based platform that facilitates electronic invoice sharing.
Citi enables real-time consumer-to-business collections for Vietnamese corporate clients
The bank has tied up with fintech Payoo.
Singapore mulls licenses for virtual banks
The DBS CEO earlier echoed a similar stance.
P2P lender Blend PH targets nearly $20m portfolio by 2021 in financial inclusion push
The platform has attracted millennials, housewives, and overseas workers that have been investing as low as $96 at 8-30% per annum.
Are CLOs a good alternative investment for Asian Family Offices?
In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list...
This Singapore online lending startup offers personal loans up to S$50,000
Credit Culture offers personalised and instant loan terms from its proprietary credit-scoring engine.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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