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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to SMEs, including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution. The group reported a gross transaction value (GTV) of IDR 116.5 trillion (US$7.2

FinTech 133
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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

And all of them – developed and developing – use regulated rails, bank accounts and compliant fiat currencies to remove user confusion and friction, establish trust, enable merchant acceptance and accelerate market entry and scale. Just like WeChat did. Of Messenger and Libra. Today, that is a material concern for Facebook and Libra.

Bots 62
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Similar to its US strategy, Amazon is investing in enabling faster frictionless payments to help boost marketplace sales — always a key focus for the e-commerce giant. Its first entry point in the market was in payments in October 2014. This investment complements Amazon’s broader push to support SMEs.