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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed (Philippines) Zed card, Source: Zed Zed is a forthcoming credit card service in the Philippines that plans to offer a unique, fee-free approach to credit aimed primarily at young professionals, particularly those new to credit or without an extensive credit history. million downloads.

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Brex Raises VC Funding As It Launches Card For Startups

PYMNTS

According to a company blog , Brex said the investors in this round of fundraising included Y Combinator Continuity , PayPal Founders Peter Thiel and Max Levchin, Facebook investor Yuri Milner, financial services VC Ribbit Capital and former Visa CEO Carl Pascarella.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). To lead this team, Amazon hired ex-PayPal employee Patrick Gauthier.