Europe and the US led the way by pioneering Insurtech, but Asia is catching up. In ASEAN, Singapore leads the way as others try to join in.
Companies offering new digital payment methods have emerged on the financial scene, disrupting the monopoly of traditional banking services.
Yu’ebao has recently cut its maximum holding ceiling for individuals. This move is likely to benefit the company and most investors.
Ant Financial recently coined the term “TechFin” as an outright challenge to JD Finance’s “FinTech”. Who will eventually win the intellectual debate?
Asia has overtaken America in the financial technology market, driven by the industry’s Chinese powerhouse and multiple billion-dollar businesses. This success will inspire the next wave of opportunities in Southeast Asia.
Grab will no longer just be a ride hailing service. Based on their appetite for growth and the companies they have been acquiring, Grab will morph into payments, fintech and e-commerce.
Since launching the initiative in 2014, the city-state has made tremendous progress in its mission to become the world’s first smart nation by 2030. The fintech sector is leading the charge.
LinkedinTwitterFacebook0 Partnership with Ascend to fuel mobile lifestyle and digital payment growth Ant Financial aims to serve two billion users globally within 10 years Hong…
LinkedinTwitterFacebook0By Dimitra Stefanidou Millions of consumers around the globe are choosing speed and convenience by paying for purchases with their mobile phones. Recent data predicts, “mobile purchases…
LinkedinTwitterFacebook0By Claire Heffron Banks have always had a sturdy hold on the payments industry, but the development of fintech startups brings new threats. Fighting back,…