Southeast Asia

Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high

Funding to crypto firms more than tripled compared to Q4 2023.

Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high

Funding to crypto firms more than tripled compared to Q4 2023.

SIA taps Mastercard for Southeast Asia loyalty card programs

The co-branded credit and debit card programs offer new ways to earn KrisFlyer miles.

Malaysia, Cambodia float plans to link domestic payment systems

They are also aiming to eventually enable cross-border QR payments between the two countries.

Funding winter settles upon ASEAN fintechs, but rebound in sight

In the meantime, fintechs can take advantage of the lower valuations and acquire other firms.

UOB, CCPIT forge partnership to boost SEA trade

Both parties aim to strengthen supply chains, drive innovation, and promote sustainable development. 

Mastercard hires marketing veteran as VP and head of marketing and comms for SEA

Dheeraj Raina had worked for several advertising and media firms.

SEA fintech investments drop 65% to $2b in 2023

Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.

Cross-border payments, embedded finance to be boosted in 2024: analyst

Embedded financial services will become increasingly popular during the year.

Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst

Developing new workforce capability is now a necessity given macro factors.

BEA rebrands, upgrades digital services and bank branches

The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.

Laos, Vietnam ink MOU for cross-border QR code payment linkage

The MOU will facilitate the use of local currencies in retail payments in the two countries.

Fintech funding in SEA freefalls 74% in Q3

Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.

Int’l businesses target ASEAN for supply-chain connectivity versus consumer market

Growth in sales for the region is expected to climb 23.2% in the next 12 months.

Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%

The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.

The majority of Singaporean and Hong Kong youth believe that financial advice-seeking is beneficial

The study reveals that family comes in third most reliable source of financial advice.