Financial Technology
Funding Socities | Moldaku raises $27m in debt
Funding Socities | Moldaku raises $27m in debt
AlteriQ Global, Augment Capital Partners, and Orange Bloom participated in the fund raising.
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability.
Tempered adoption of AI tools may spell greater leap for fintech firms
Expert underscores generative AI’s strength in streamlining front-of-office work, but banks on human expertise for in-depth development.
Tech and transformation take center stage at the ABF Summit 2023
Over 180 participants graced the 20+ sessions in the day-long event.
Robocash Group enters new phase as ‘UnaFinancial’
It plans to expand its services in the financial sector.
ASIC to take PayPal to court for unreasonable term in SME contracts: Report
The regulator sees it unfair for PayPal to put a penalty over its own overcharging errors.
Grab-owned digital bank scores Bank Negara Malaysia approval
The bank started operations last 1 September.
Alipay+ touches down in the Philippines revealing three new mobile wallets
It will be made available to merchants in Manila and Cebu.
Bank Rakyat Indonesia’s assets leaps 9.2% YoY in Q2
It boosted its consolidated earnings to IDR23.56t.
Vietnam’s central bank signs into regional cross-boundary payment system
The memorandum includes other central banks such as Indonesia, Malaysia, Philippines, Singapore, and Thailand.
Regulatory dynamics remain a pressing issue in fintech
Collaborating with traditional banks emerges as central concern in the industry's evolution, as well.
HSBC unveils ETF platform solutions
The bank has collaborated with Calastone to develop an ETF order management system.
Atome Financial, HSBC extend collaboration to support Philippine market
The partnership also plans to boost new consumer financing products.
More cryptocurrency users in India by 2027, to surpass US and UK combined
India is expected to account for 33% of one billion global users in four years.
SkorLife takes $4m seed funding to empower Indonesians with financial literacy
This fintech startup plans to leverage technology to lift the Indonesian market’s potential for better financing.
Asian fintechs to outpace global competitors; China posts tepid growth
S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.
Fintech funding slows to 10-year low as investors tout quality over quantity
Asian fintechs clinched US$5.1b in investments in H1, lower than $45b in H1 2022.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks