Southeast Asia
SEA payment transactions to climb $54t by 2027 – report
SEA payment transactions to climb $54t by 2027 – report
Vietnam and Indonesia will have the biggest share in payment transaction volume.
Housing loans, online loans most popular in SEA: study
Analysts said the rise in home loans is likely caused by the region’s geolocation.
E-wallet Nagad reaches 80 million account registers
This was in line with their journey of boosting the region’s SDGs.
SEA gains 8.1 million new fintech users in Q1: study
Fintech penetration in the region was estimated at 83.3%.
SEA’s interest in lending products increase 15%: Study
Total number of monthly requests is at 741.5k per month.
Islamic Development Bank, WHO start healthcare investment platform
The Islamic Development Bank is part of the collaboration where Malaysia and Indonesia are country members.
Nearly 9 in 10 SEA people now have access to credit
The report delves deeper into the effects of credit access on financial services provider (FSP) customers.
Citi Commercial Bank names head of corporate finance for ASEAN
Citi has also named a new country head for Citi Commercial Bank Malaysia.
OxPay and NomuPay ink partnership for market expansion
OxPay will be able to enter new markets where NomuPay already services.
UOB, Keppel to offer sustainable and digital solutions to SEA businesses
The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.
HSBC names new South Asia head of wealth and personal banking
Kai Zhan g will be responsible for expanding wealth management across South Asia.
Southeast Asia's cash in circulation to rise by 11.1% by 2027
Singapore is less cash-reliant compared to other markets in the region.
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
Fuelling the future of finance with data streams
Traditional institutions need to utilise constant, real-time data flow that generates insights on the fly.
Zubin Rada Krishnan joins BigPay as group CEO
The company plans to launch in Thailand, Indonesia, and the Philippines within the year.
Digital finance platform Funding Societies has disbursed $3b of funding to SMEs
The company offers lending, payments, and collections services.
ADB and GEAPP commit $35m towards clean energy
The partnership targets to have clean energy access and transitions within South and Southeast Asia.
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