FinTech
Why FinTechs should embrace Open Finance
Compared to generalized products offered by large financial institutions, personalized FinTech products will likely generate greater individual returns, driving customer satisfaction and increasing retention rates for fintech companies.
How can Open Finance benefit SMEs in Indonesia?
With Open Finance, banks and lending platforms can credit score their lenders in a faster and more accurate manner. By accessing their cash flow statements, these lenders will have a clearer picture of an SME’s true ability to repay the loan.
Anti-Money Laundering guidance for FinTech
Though it’s true that FinTech has made our lives much more convenient, it’s also true that the delay in its maturity can and has led to its exploitation. And with the adoption and promotion of cryptocurrency by an increasing number of businesses, Bitcoin and altcoins (cryptocurrencies other than Bitcoin) have become the hottest new vessel for criminals to…
Indonesian P2P FinTech startup Amartha secures $28M investment led by Women’s World Banking fund
The company plans to use the investment to continue empowering rural Indonesian women with proper working capital and further develop its products and offerings.
Why DeFi is disrupting the lending landscape
Decentralized lending has many advantages over bank-based lending, all of which result in increased trust and accessibility. This is why DeFi lending has the potential to become the next big thing in the DeFi space, especially when consumers realize that they are more attractive than traditional financial institutions.
StashAway secures $25M Series D led by Sequoia Capital India to accelerate growth and regional expansion
StashAway plans to double down on investment offerings and buy back a maximum of $3 million in stock options from its employees. It also plans to launch in Thailand within the next few months, according to CEO Michele Ferrario.
Philippines ‘buy now, pay later’ platform Plentina raises $2.2M in Seed funding round to accelerate credit access to the underbanked
The FinTech startup plans to use its fresh capital to grow its data science, business development, and customer operations teams.
Indonesian FinTech startup Pluang secures $20M in pre-Series B led by Openspace Ventures
Pluang plans to utilize its fresh capital by investing in developing unique and proprietary financial products including new asset classes.
After $50M Series A, iSTOX tokenizes Temasek-backed Astrea VI private equity bonds for enhanced access and automation
Through tokenization, securities such as bonds, equity, and funds will be available on blockchain networks through smart contracts.
UNObank to pilot in the Philippines as Xebia partners with Singapore-based DigibankASIA to launch the full-service digital bank
It will be a full-service digital bank that will have its pilot launch in the Philippines with a target to expand across the region.
