Remove Finance Remove Micro-Entry Remove Multi-Currency
article thumbnail

Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. As of the end of May, 69% of its customers are micro businesses, with 56% of loan customers and 80% of deposit customers falling into this category.

article thumbnail

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

Fintech News

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

Aspire Aspire illustration, Source: Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, expense management, payable management, and receivable management solutions. The platform is designed for travelers and tech-savvy consumers alike.

article thumbnail

Abillio Becomes DAC7-Compliant Payments Provider for Online Internship Marketplace Vaqat

Fintech Finance

One of the biggest issues for us was to manage invoices, tax compliance, and multi-currency payments to students globally, and with the new DAC7 regulation requiring data collection and income reporting, the issue has grown bigger,” says Daniel Robaczewski, the founder of Vaqat.

article thumbnail

10 Best Bank Statement Extraction Software in 2024

Nanonets

It can handle bank statements with complicated layouts (think, multi-line items, nested tables, etc.)   FreshBooks can categorise transactions based on predefined rules, reducing manual data entry. Handles transactions in different currencies. Yearly: $119.99 Lifetime: $199.99 mo Advanced: $247.23/mo ✅ Pros: 1.

article thumbnail

Sizzle Or Fizzle: The Ant Financial IPO?

PYMNTS

As is well known by now, Ant Financial , the Chinese micro-lending Internet player, has raised a whopping $4.5 billion in its latest financing round, a tidy sum above the $3.5 The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. Sizzle or Fizzle?