FinTech
Asia-Pacific fintech to hit $348.1b by 2031
Asia-Pacific fintech to hit $348.1b by 2031
The market will be driven by mobile-first usage and open API payment rails.
8 hours ago
Fintech expands SME credit as 72.9% see growth impact
SMEs make up over 90% of businesses across Asia yet face constrained traditional financing.
2 days ago
APAC fintech funding slumps 52% as VC investment craters
Total fintech funding reached $19.4b across 1,675 deals in 2022 before sliding.
Fintech Fingular secures $10m credit line for Malaysia expansion
The funding will also be used to strengthen operational capacity.
Banks pour into digital asset infrastructure, Sygnum says
Self custody could shift $300b off platforms by end 2026.
Millenials, Gen Z to lead fintech adoption in Southeast Asia by 2030
Adoption could rise to 79% by 2030 from 65% in 2024.
SEA fintech funding drop 23% to $1.6b in 2024
This is 75% lower than the funding it got in 2022.
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
BEA and IDA launch HKD-pegged stablecoin
The initiative includes a trial involving a local payment gateway.
Wise gains direct access to PH’s InstaPay and PhilPaSS Plus
This enables over 63% of all Wise transactions to be completed instantly, with an average fee of 0.62%.
Maya Philippines rolls out new international payment service
The service allows foreign customers to pay in their home currency
Super apps tailor features for youth, small businesses
Customization and security drive engagement and trust.
New license for virtual asset providers, relaxed listing to rock Hong Kong’s fintechs
Virtual asset service providers will now need to be licensed.
SG, India ink agreement on fintech cooperation
The agreement will promote regulatory collaboration between the two markets.
KPMG launches embedded finance hub in Singapore
It will run for 2 years and provide incubation support to institutions.
Bengalaru remains India’s fintech leader
WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.
Indonesia’s fintech investments bucks global trend, hits record high in H1
Payment gateway Xendit raised $300m in its Series D funding to help push up the numbers.
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