Tag: virtual banking
Volt Becomes Second Australian Neobank to Shutdown as Funding Dries Up
Less Than 5% of the World’s 400 Neobanks are Profitable
Singapore’s First Wholesale Digital Bank GLDB Goes Live
Al Rajhi Bank goes digital in Malaysia
13 Upcoming Fintech Webinars and Virtual Events to Attend Live
Though in-person, physical events are back in full force this year, many organizers have embraced virtual events, attracted by their ability to reach a broader world from all parts of
The post 13 Upcoming Fintech Webinars and Virtual Events to Attend Live appeared first on Fintech Singapore.
Akulaku-Backed Bank Neo Commerce Witnessed Strong Growth in 2021
Bank Neo Commerce (BNC), an Indonesian digital bank that is a subsidiary local Buy Now, Pay Later (BNPL) player Akulaku, has witnessed strong growth last year. Previously known as Bank
The post Akulaku-Backed Bank Neo Commerce Witnessed Strong Growth in 2021 appeared first on Fintech Singapore.
Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets
Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use
The post Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets appeared first on Fintech Singapore.
Thailand Seeks to Join the Digital Bank Race in Southeast Asia
The Bank of Thailand (BOT) is looking to issue guidelines for virtual banks in the country in a bid to play catch-up with neighboring countries Malaysia and Singapore who have
The post Thailand Seeks to Join the Digital Bank Race in Southeast Asia appeared first on Fintech Singapore.
Indonesian Lenders Ride the Digital Banking Momentum
Indonesia’s banking industry is on the verge of a revolution as a new breed of digital banks looks to capitalize on the country’s large population of unbanked and underbanked, and
The post Indonesian Lenders Ride the Digital Banking Momentum appeared first on Fintech Singapore.
Hong Kong Virtual Lender ZA Bank Gains Securities License
Indonesia’s SME-Focused Neobank KoinWorks Raises US$108 Million Series C
KoinWorks, an Indonesian neobank focused on small and medium-sized enterprises (SMEs), has secures US$108 million in a Series C funding round which consists of US$43 million in equity and US$65
The post Indonesia’s SME-Focused Neobank KoinWorks Raises US$108 Million Series C appeared first on Fintech Singapore.
Incumbents Need to Adopt BaaS as Digital Banks Grows in Popularity
As neobanks and digital challengers continue to advance and become increasingly more popular, incumbents must modernize their architecture by embracing cloud-native digital platforms, a new article by consulting firm Bain
The post Incumbents Need to Adopt BaaS as Digital Banks Grows in Popularity appeared first on Fintech Singapore.