FinTech

Home loans and online loans are the most popular in Southeast Asia, Robocash Group said on Thursday. Based on search requests related to lending, housing loans make up 46 percent of all queries over the past 12 months. The second place by popularity is taken by online loans (30 percent).

Orderfaz, an Indonesian fintech startup for social commerce sellers, has on Thursday announced the completion of a pre-seed round of financing led by 1982 Ventures. With this round of financing, the firm plans to bring on new hires across all functions to drive platform development and market expansion.

Indian Fintech Unicorn Razorpay has on Wednesday launched a full-stack payment gateway in Malaysia through Curtech, a Malaysian fintech firm it acquired last year. The Curlec Payment Gateway will serve more than 5,000 businesses with a target of MYR 10 billion ($2.15 billion) in annualized gross transaction value (GTV) by 2025.

Innovation in cross-border #payments has transformative potential for #SoutheastAsia’s #tourism industry. #Travel not only benefits those in the tourism sector but trickles down to the wider community, aiding local people, merchants, and businesses. It is a no-brainer that ease of payments yields ease of business.

In this Q&A with Donald Day, former Subject Matter Expert for #digitalassets at the Securities and Futures Commission of #HongKong and now COO of VDX, he shares how a stringent regulatory landscape is shaping the city into Asia's leading crypto hub.

Seven in ten consumers in Malaysia are now using contactless cards for payments, said a recent study done by global payment firm Visa.

Tencent Cloud, the cloud business of China-based tech company Tencent, has on Wednesday announced its collaboration with Allo Bank, Indonesia’s largest digital banking platform, to enhance digital banking in the country.

Touch ‘n Go eWallet users are now able to conveniently payat more areas under the 19 enabled councils, with complete coverage for both Kuala Lumpur and Selangor areas in Malaysia. The newly enabled councils are the Majlis Perbandaran Klang, MajlisBandaraya Seremban - Nilai, and Majlis Perbandaran Ampang Jaya.

Despite the economic challenges faced post-pandemic, Indonesia has seen a 28 percent growth in the market share of peer to peer (P2P) lending in just 6 months, YouGov's study showed on Monday. The study further solidifies the position of fintech in Indonesia, particularly P2P lending, as an attractive investment instrument for the public.

Real-time global payments firm Nium has on Monday announced the opening of its new headquarters in Singapore. The new headquarters is Nium’s strategic hub for serving clients across Asia Pacific, the Middle East, and Africa.