Financial Technology

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.

JP Morgan Invests in Indian fintech startup

Global PayEx offers a cloud-based platform that facilitates electronic invoice sharing.

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.