FinTech

Thailand’s Gulf Energy to apply digital bank license with partners, including telco giant AIS, Krungthai Bank – report

Bank of Thailand said interested applicants can submit their application for a virtual bank license to the central bank from March 20, 2024 to Sept 19.

Singapore’s Thunes expands strategic collaboration with Visa

Thunes, a Singapore-based cross-border payments company, has on Thursday announced its deepened strategic collaboration with Visa, a world leader in digital payments, aimed at enabling new endpoints in key markets across Asia and Africa.

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.

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.