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These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financialinclusion. On the international front, cross-border payments have presented a different set of challenges.
Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 As the fintech sector continues to grow and evolve in APAC, organizers are hosting a number of large-scale events to showcase the region’s latest innovations and fastest-growing players. billion in H2 2022 to US$5.1 billion, the data show.
Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.
These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financialinclusion, and improving service delivery. The company replaces traditional B2B payment methods (e.g. Thitsa Payment Portal is a web-based platform integrated with Mojaloop.
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Money20/20 Asia made its debut in Bangkok on April 23, 2024, bringing together key players from across Asia’s financial landscape, including banks, payment providers, startups, retailers, fintech companies, and regulators.
EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform. Balint has held senior roles at Afterpay, amaysim, Ola and Optus.
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.
Xendit – US$538 million Payment startup Xendit has secured about US$538 million in VC funding to date, data from Dealroom and media coverages show, making it the top funded fintech startup in Indonesia in 2024. Founded in 2014, Xendit is a fintech company that provides payment solutions and simplifies the payment process for businesses.
billion data points to banks and financial institutions every year to facilitate faster decisioning, and processing 1.7 Perfios is headquartered in Bangalore, with offices worldwide and with 75+ products and platforms, and over 500+ APIs. It does so by delivering 8.2
Another session that caught our eye on the Vision stage included ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’, a presentation and discussion with Masakazu Osawa , managing executive officer and chief executive, APAC at MUFG Bank, which outlined how MUFG identifies and collaborates with promising startups.
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In this week’s Finovate Global interview, I talk with Lewis Ide , Vice President for 10x Banking , about the opportunities in high-growth markets in APAC and Africa. He has a 13-year career in financial services technology with leadership roles in payments, financial infrastructure, and AML platforms.
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