FinTech

IFC report urges FinTech firms to target women customers in emerging markets for financial inclusion

The survey findings also show that women still make up a minority of FinTech portfolios, with 63 percent of the lending-focused FinTech firms reporting that women-owned small and medium sized enterprises (SMEs) make up less than a quarter of their portfolio.

Japan, ASEAN to integrate QR code payments by 2025 – report

Five ASEAN member countries, namely Singapore, Indonesia, Thailand, Malaysia and Philippines, signed a memorandum of understanding on payment integration between the countries in 2022 and began interaction in several areas.

three people sitting in front of table laughing together

Navigating the startup journey: Strategies for team recruitment and retention

In the tumultuous journey of launching a startup, assembling a capable team stands as one of the most critical challenges. Seeking individuals who share your passion for the venture can be a game-changer. That enthusiasm not only fuels their dedication but also provides your #workspace with positivity and creativity. Both are essential traits to have when…

Singapore’s insurtech firm bolttech & stc Group forge strategic collaboration in the Middle East

bolttech’s collaboration with stc Group will provide stc’s customers with innovative, embedded device protection offerings through a technology-enabled experience, the companies said in a joint statement.

Indonesian FinTech unicorn Xendit expands to Thailand

Xendit, a unicorn startup based in Indonesia, has entered the Thai market by offering comprehensive digital payment solutions and embedded finance, aiming to enhance the growth potential of Thailand’s digital economy.

Ant raises mobile payment services transaction limits for overseas visitors on Alipay, international e-wallets in China

In response to China's new policies to facilitate international visits, Chinese fintech firm Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from $1000 to $5000; and annual cumulative transaction limit up from $10,000 to $50,000.

Razer’s fintech arm rebrands as Fiuu

Razer Fintech, the financial technology arm of Razer Inc., together with its business to business (B2B) payments unit, Razer Merchant Services (RMS), have announced a dynamic rebranding initiative on Friday. The company unveils a new single name, logo, and identity as Fiuu, signifying its ambitious plans to become a leading force in the future of digital…

Wise ramps up Singapore presence with expanded office and five new local leadership hires

Wise, the global financial technology company, has on Thursday announced the expansion of its Singapore office, key leadership hires, and product innovations, reinforcing its commitment to Singapore.

Netherland’s TerraPay partners Qatar’s Alfardan Exchange for advanced digital cross-border remittance solutions

TerraPay, a Netherland-based cross-border payments network, has announced a strategic partnership with Qatar-based fintech firm Alfardan Exchange, to advance digital cross-border remittance solutions.

United Kingdom’s Currencycloud secures license to provide services in Singapore

Currencycloud, a United Kingdom-based Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) license holder from the Monetary Authority of Singapore (MAS). The license will allow Currencycloud to provide a full suite of intra-regional and…