Financial Technology
Singapore's fintech invasion has no end in sight
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.
Malaysian startup Moby Fintech unveils financial decisioning app
Mobylize offers users credit scoring, analysis and decisioning tools.
Fintech Akulaku acquires minority stake in Indonesian bank for $11.16m: report
It is aiming to make a total investment of $35.30m into Bank Yudha Bhakti.
Asian wealthtech firms snap up 15.5% of investment in 2014-2018
They still fall flat of Europe and North America’s dominance.
Chart of the Week: P2P lending on the rise in Indonesia amidst lax rules
P2P financiers dispersed $1,400 in loans in December.
E-money transactions in Indonesia hit $3.3b in 2018
Users turned to digital money for e-commerce, mobile SIM top-ups, and public transport.
UK challenger bank Revolut set for beta launch in Singapore
It raised concern about the difficulties in obtaining foreign tech talent visas in the UK.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks