As part of a longer strategic relationship, AIA Malaysia will acquire a minority investment in TNG Digital, the owner of the Touch ‘n Go eWallet.
Afterpay co-founder Nick Molnar says merging with Jack Dorsey’s Square will provide the scale and reach to allow Afterpay to take on the giants of the global payments industry, after he and co-founder Anthony Eisen snared the biggest M&A deal in Australia’s history.
Southeast Asia is among the world's fastest-growing fintech markets. Market growth is anticipated to reach between $70 billion and $100 billion by 2020.
Southeast Asia is currently viewed as a significant fintech incubator and a rising cryptocurrency powerhouse thanks to the emergence of grants, programs.
Across Asia, China and India are market leaders, with more than half of their active adult customers using fintech services on a daily basis.
With the participation of almost 1000 firms nominated and 15,000 votes cast, this year has not only exceeded but shattered expectations.
Virtual IBAN numbers are the solution for businesses looking to streamline their payment procedures since they are faster, cheaper.
How neobank? This was the first decline in deal activity since Quarter 4 2019, but the third consecutive quarter of funding growth.
The time is quite sensitive and challenging, but it is also an opportunity for a breakthrough for Vietnam to grow virtual currency based on blockchain technology.
Hong Kong's Finance Minister made it clear the need for digital transformation and confirmed that will conduct technical trials using China digital yuan
We believe that in some of the Asia-Pacific markets: a new openness to innovation by regulators; the advent of virtual banks; the growth of the API ecosystem.
In Southeast Asia, fintech is the largest VC investment category by number of backed startups with 484 ventures, ahead of marketplace, health and proptech.