FinTech
Airwallex : 54% of global consumers expect to increase international online shopping amount over next 6-12 months
54 percent of global consumers expect to increase their cross-border purchasing over the next six to twelve months, global payments and financial platform Airwallex and consulting firm Edgar, Dunn & Company said Thursday.
Indonesia’s GoTo foresees breakeven in 2024 after first quarterly profit
Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first quarterly profit.
Country Builders Bank partners India’s fintech firm Kiya.ai to advance banking infrastructure
Country Builders Bank, Inc. (CBB), a rural bank in the Philippines, has on Monday announced its strategic collaboration with Kiya.ai, a fintech firm based in India, to advance its banking infrastructure.
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.
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…
