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What’s Fueling Southeast Asia Fintech Golden Age?

Fintech News

Meanwhile, the regions burgeoning middle class has grown at a compound annual growth rate (CAGR) of 6% since 2015, and is projected to expand further, increasing by 5% annually through 2030. The Philippines has emerged as a key alternative lending market in Southeast Asia, accounting for 59% of deal volume in 2024.

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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. At this pace, the digital banking market is expected to reach a market volume of $2.16 ” Established in 1951, Security Bank has deployed Entrust’s Onfido Studio platform.

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PhonePe Reportedly Planning India IPO to Raise Up to US$1.5 Billion

Fintech News

Founded in 2015, PhonePe is said to be one of India’s largest digital payments platform by volume. The listing could value the fintech company at around US$15 billion, with a draft prospectus expected to be filed by August.

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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

Matrixport processes over $5 billion in trading volume each month and is supported by major investors like Lightspeed, IDG Capital, and Qiming Venture Partners, according to its website. Initiatives like Startup India (launched in 2015) have accelerated this momentum by offering tax benefits, funding schemes, and incubation support.

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Lunar Launches Moonrise to Zero in on Enterprise Payments

Finovate

billion (5 billion) in transaction volume. ” Lunar launched in 2015 as a digital bank catering to both retail and commercial clients. . ” Lunar launched in 2015 as a digital bank catering to both retail and commercial clients.

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Happy 60th, Majulah Fintech, Majulah Singapura

Fintech News

The Year Singapore Flipped the Fintech Switch The turning point came in 2015 with the launch of the Smart Nation initiative. Singapore’s strength lies not just in volume, but in variety. Interestingly, while total investment fell in 2024, deal volume rose , a sign of deeper ecosystem maturity. billion in funding.

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Financial Inclusion Through Innovation: Scaling Digital Payments in India

Finextra

The Times of India ) For FY24–25, UPI handled approximately 186 billion transactions totaling around ₹260.6 trillion, reflecting a 42% rise in volume and 30% growth in value year-over-year. Despite the evolution of the landscape, UPI still accounts for approximately 80% of digital retail transaction volume in India.