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UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015

Fintech News

ASEAN’s fintech sector has seen remarkable growth, with funding rising more than tenfold since 2015, according to the Fintech in ASEAN 2024 report launched today by UOB , PwC Singapore, and the Singapore Fintech Association.

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Security Bank Collaborates with Entrust to Enhance eKYC and Digital Onboarding

Finovate

Headquartered in Minneapolis, Minnesota, Entrust is a veteran of Finovate’s developer conferences in 2015 and 2016. ” Entrust is a veteran of Finovate’s developer conferences, having participated in both FinDEVr Silicon Valley 2015 and FinDEVr Silicon Valley 2016.

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Toast CEO resigns

Payments Dive

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan.

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After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

TechCrunch Fintech

Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook.Fintech […] 2024 TechCrunch. Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing.

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Citi fined $25.9M over alleged discrimination

Payments Dive

The bank, between 2015 and 2021, denied certain credit card products to applicants with surnames ending in “ian” and “yan,” suffixes that Citi employees associated with Armenian national origin, the CFPB said.

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Why is JCPenney dropping Apple Pay?

Payments Source

JCPenney ended support for Apple Pay in its stores and also removed the mobile payment option from its app, a surprising reversal for a brand that offered Apple Pay in 2015, within a year of its rollout. There are multiple factors in play here.

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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

billion Airwallex, founded in 2015, is a global fintech company supported by major investors like Tencent, Sequoia Capital China, Lone Pine Capital, and Salesforce Ventures. billion Huisuanzhang , founded in 2015 and headquartered in Beijing, China, is a provider of financial and tax services tailored for small and medium-sized enterprises.

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