Tag: Akulaku
Bukalapak Pulls Plug on In-House BNPL Offering – Fintech Singapore
Indonesian e-commerce leader Bukalapak has phased out its buy now, pay later (BNPL) service, BukaCicilan, as of 29 February 2024.
This decision reflects the broader...
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OJK Prohibits Akulaku from Offering BNPL Services – Fintech Singapore
The Financial Services Authority (OJK) of Indonesia has imposed restrictions on Indonesian fintech Akulaku‘s buy now, pay later (BNPL) business.
The restrictions are due...
Fintech Basics: What is Buy Now Pay Later (BNPL) ? – Fintech Singapore
Ever wondered what is buy now pay later? Imagine walking into a store, picking up a gadget or designer outfit you’ve been eyeing, and...
Fintech Basics: What is Buy Now Pay Later (BNPL) ? – Fintech Singapore
Ever wondered what is buy now pay later? Imagine walking into a store, picking up a gadget or designer outfit you’ve been eyeing, and...
A Snapshot of 2023 Payment Trends in Asia
In 2022, usage of digital wallets and account-to-account (A2A) payments continued to grow in Asia-Pacific (APAC), carrying on a trend that was accelerated by...
Top Early-Stage Fintech Startups from Thailand to Follow in 2023
In Thailand, fintech innovation has been largely driven by the country’s large banking institutions. Incumbents have inked partnerships with startups and taken participations into...
MUFG and Bank Danamon Sets up US$100 Million Fund for Indonesian Startups
MUFG Innovation Partners (MUIP) and MUFG Bank, subsidiaries of Mitsubishi UFJ Financial Group (MUFG), has set up a US$100 million fund with Bank Danamon...
Indonesia Expected to be South East Asia’s Biggest BNPL Market by 2025
BNPL has become a popular payment option in Indonesia due to its convenience and flexibility. With relatively low financial inclusion and even lower credit...
43 New Challenger Banks Have Entered the Market This Year
Over the past year, 43 new digital challenger banks have been launched around the world, bringing the total number of players to 291, data...
Akulaku’s BNPL Solution Now Among Payment Methods Supported by Alipay+
Alipay+, a suite of global cross-border digital payments and marketing solutions, has included Indonesian fintech Akulaku’s Buy Now Pay Later (BNPL) solution among its...
ThetaRay Forges Historic Partnership with UAE’s Mashreq Bank to Enable Secure Cross-Border Fund Transfers
Historic news out of the Middle East leads off our international fintech coverage this week on Finovate Global. Israel’s AI-powered transaction monitoring innovator ThetaRay has been selected by the UAE’s Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. The partnership marks the first time that an Israel-based fintech company has Read more...
The post ThetaRay Forges Historic Partnership with UAE’s Mashreq Bank to Enable Secure Cross-Border Fund Transfers appeared first on Finovate.
Thailand’s Siam Commercial Bank invests $100m in digital finance platform Akulaku
Akulaku CEO William Li says the companies share a vision for banking that is “expansive and inclusive”.
Siam Commercial Bank Pours in US$100 Million Into Indonesia’s Akulaku
Akulaku, an Indonesian Buy Now Pay Later (BNPL) player, announced that it has received US$100 million from the Siam Commercial Bank (SCB). This follows Akulaku’s successful fundraise of US$125 million
The post Siam Commercial Bank Pours in US$100 Million Into Indonesia’s Akulaku appeared first on Fintech Singapore.
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