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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Digital lending in Vietnam, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Additionally, the wealth and investing sector is seeing growth and evolution. Digital lending is another fintech vertical that’s rising, reaching US$6 billion in loan book balance in 2024, up 49% YoY.

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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

Bitcoin saw a new all-time record high on Monday (Nov. Morgan on the coin and may launch it experimentally in 2021, CEO Herman Gref said. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov. In other news, Gutemberg Dos Santos was extradited from Panama to the United States on Nov.

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OECD: China To Lead 2021 World Economic Recovery While Europe Lags

PYMNTS

percent in 2021’s fourth quarter compared to Q4 2019, according to OECD figures quoted by The Wall Street Journal. percent growth between Q4 2019 and Q4 2021. percent from Q4 2019 to Q4 2021. percent GDP decline for Q4 2021 vs. Q4 2019. For 2021 as a whole, the OECD sees the world economy growing 4.2 percent).

Economy 72
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Today In Payments: People Keep Saving Despite Low Interest Rates; Instacart IPO Could Come In Early 2021

PYMNTS

In today’s top news, people are still stocking their savings accounts despite low interest rates, and Instacart could file an IPO in early 2021. Instacart IPO Could Come Early 2021 With $30B Valuation. The IPO could be announced early in 2021. Amazon said on Thursday (Nov. People Keep Saving Despite Low Interest Rates.

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Bitcoin Daily: Citibank Analyst Says Bitcoin Will Hit $318K; Pakistan SEC Exploring Digital Asset Regulation; Binance Discontinues BGBP Stablecoin

PYMNTS

A Citibank senior analyst predicted that bitcoin could reach $318,000 by December 2021 in a report written for Citibank’s institutional clients, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. Meanwhile, Binance on Monday (Nov. All we know is that price is likely to continue going up.”.

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Southeast Asia’s Fintech Sector Has Raised a Total US$ 1.4 Billion Funding in 2024

Fintech News

Global fintech funding trends, first 9 months (9M) of 2023 versus 9M 2024, Source: Fintech in ASEAN 2024, UOB, PwC Singapore, Singapore Fintech Association (SFA), Nov 2024 ASEAN-6 fintech funding has grown significantly over the last decade, having surged by more than six times. Funding peaked in 2021, hitting US$6.4 billion and US$4.1

FinTech 113
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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion

Fintech News

This infrastructure, which was launched in 2019, has considerably helped boost digital payment usage, with Doku reporting a fourfold increase in e-money transactions on its platform in 2022, compared with 2021. Between January and October 2023, QRIS transaction volume reached 1.6 year-over-year (YoY), reaching 10.3