FinTech

Fairbanc's proprietary data science and machine learning platform leverages supply-chain data of FMCG distributor partners which allows financial institutions to assess credit risk and extend working capital to MSMEs with limited credit history and collaterals, according to the disclosure.

To convey their innovation and distinctiveness, the companies behind DeFi projects need to pay attention to engagement. Investors and customers typically do not go out of their way to get to know certain DeFi projects more, especially since not many of them have a solid grasp of what crypto and DeFi actually are.

Since its founding in 2019, BukuWarung has been helping MSMEs digitize their businesses by offering numerous accounting solutions to move onto the digital platform. The startup has more than 6.5 million registered partner merchants across 750 Indonesian cities and towns on its platform.

In this article, we discuss how app or gaming founders can position their companies to take advantage of the opportunities that exist. We also look at how economies typically respond during economic shock periods and how to proactively navigate your business through the current period.

A fintech headquartered in Singapore has been granted a license to operate a digital bank in the Philippines. UNObank aims to bridge the financial inclusion gap to help pave the way for all Filipinos to have access to basic financial services.

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.

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.

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…

The company plans to use the investment to continue empowering rural Indonesian women with proper working capital and further develop its products and offerings.