Southeast Asia
SEA digital payments slated for growth as e-commerce market doubles: study
BNPL is projected to grow by 38% over the next five years.
SEA digital payments slated for growth as e-commerce market doubles: study
BNPL is projected to grow by 38% over the next five years.
Fintech funding in SEA freefalls 74% in Q3
Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.
New M&A head has been appointed for Natixis CIB SEA, India
Abbas Rangwala will report to Miranda Zhao.
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.
Indonesia, Malaysia, Thailand ink MOU for cross border bilateral transactions
The new framework is expected to synergise with cross-border payment initiatives.
QR payments seen to skyrocket by 2028 – Study
Its transaction volume is expected to reach 90 billion by 2028.
SEA payment transactions to climb $54t by 2027 – report
Vietnam and Indonesia will have the biggest share in payment transaction volume.
Housing loans, online loans most popular in SEA: study
Analysts said the rise in home loans is likely caused by the region’s geolocation.
E-wallet Nagad reaches 80 million account registers
This was in line with their journey of boosting the region’s SDGs.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
SEA’s interest in lending products increase 15%: Study
Total number of monthly requests is at 741.5k per month.
Islamic Development Bank, WHO start healthcare investment platform
The Islamic Development Bank is part of the collaboration where Malaysia and Indonesia are country members.
Nearly 9 in 10 SEA people now have access to credit
The report delves deeper into the effects of credit access on financial services provider (FSP) customers.
Citi Commercial Bank names head of corporate finance for ASEAN
Citi has also named a new country head for Citi Commercial Bank Malaysia.
OxPay and NomuPay ink partnership for market expansion
OxPay will be able to enter new markets where NomuPay already services.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Southeast Asia’s digital banks – the road from good to great 4. Maybank rolls out green financial advisory service to SEA SMEs 5. Morgan Stanley opens Southeast Asia headquarters in SingaporeResource Center
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