Financial Technology

Are CLOs a good alternative investment for Asian Family Offices?

In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list...

Are CLOs a good alternative investment for Asian Family Offices?

In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list...

This Singapore online lending startup offers personal loans up to S$50,000

Credit Culture offers personalised and instant loan terms from its proprietary credit-scoring engine.

Malaysian startup Moby Fintech unveils financial decisioning app

Mobylize offers users credit scoring, analysis and decisioning tools.

Fintech Akulaku acquires minority stake in Indonesian bank for $11.16m: report

It is aiming to make a total investment of $35.30m into Bank Yudha Bhakti.

Asian wealthtech firms snap up 15.5% of investment in 2014-2018

They still fall flat of Europe and North America’s dominance.

E-money transactions in Indonesia hit $3.3b in 2018

Users turned to digital money for e-commerce, mobile SIM top-ups, and public transport.

UK challenger bank Revolut set for beta launch in Singapore

It raised concern about the difficulties in obtaining foreign tech talent visas in the UK.

Korea sets up open interbank payment network to boost fintech

Available to nonbank players, the scheme aims to lower required usage costs.

3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey

Around 13% even believe that fintechs deserve more trust than old-guard lenders.

7 in 10 Hong Kongers believe fintechs are as trustworthy as banks: survey

However, 22% admit that the former are less trustworthy than old-guard lenders.

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Hong Kong's open banking movement lures interest beyond retail

SMEs and corporates also acknowledge the merits of the pivot.

Hang Seng Bank beefs up fintech capabilities in Tencent tie-up

They will develop a remote account-opening solution.

Australia's Westpac launches Singapore innovation lab

co.lab will help Australian fintechs crack the Asian market.

Hong Kong's Faster Payment System processed 1.58 million transactions in October

The value of Hong Kong dollar-denominated transactions hit $33.29b.