Mastercard's entry into the BNPL frenzy threatens to devastate the current provider landscape
Mastercard Installments will rely heavily on technology obtained through the acquisitions of Finicity and Aiia
Banks are the most expensive type of service provider, with an average cost of 10.66% per transaction. The global average for all remittance methods is only 6.38%
Tiger Global Management, with more than 120 unicorn companies in its portfolio, which has 77 unicorns and is ranked second.
Vietnam, and Venezuela have huge transaction volumes on peer-to-peer or P2P platforms, when adjusted for purchasing power parity per capita and internet-using population.
For the first time since June 15, 2021, the cryptocurrency reached a price of $0.90.
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.