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Southeast Asias fintech industry is flourishing, driven by soaring adoption of digital payments, alternative lending, and wealthtech. It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8 billion underbanked adults.
Fintech solutions are changing this landscape, offering SMEs tailored tools to overcome these barriers. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.
The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money. Out of the unicorns worldwide valued at a combined $4 trillion , a rising share are coming out of Asias fast-moving fintech ecosystem. These include two decacorns from India and China, each valued at over $10 billion.
Kenyan fintech startup Leja has achieved remarkable growth, processing $2 billion in B2B payments since launching its B2B payments service in Kenya earlier this year. The rapid adoption of the Leja App over the past year highlights the power of local solutions tailored to underserved markets.
Therefore, this July, we explore how the fintech industry can further increase financial inclusion in developing markets, identify regional trends and remove barriers to digital services. These tools are instrumental in helping underserved individuals and communities build financial confidence and improve their money management skills.”
Tranglo’s seamless payout network enables users to send and receive funds through mobile wallets, bank accounts, and cash pickup locations, offering greater financial access to underserved populations. The post Tranglo Expands Services Across Africa appeared first on FF News | Fintech Finance.
Underserved consumers relying on these services would be the ones feeling this impact the most. The post Avoiding Over-Regulation: American Fintech Council Warns That FDIC New Act Could Hinder Innovation appeared first on The Fintech Times. “The Proposed Rule fails to reflect the hallmarks of sound policymaking.
LemFi – the international payments pioneer – is today announcing it has acquired UK credit fintech Pillar to accelerate their shared mission of empowering immigrant communities with fair, fast and accessible financial services.
That same forward-looking ethos of resilience, precision, and state-backed planning would decades later shape one of the world’s most sophisticated fintech ecosystems. As the nation turns 60 this year, the story of Singapore’s fintech journey mirrors the broader arc of its national development.
We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. Traditionally, fintechs are known for their agility, innovation and ability to disrupt traditional financial systems.
We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. Sending cross-border payments, for example, often comes with heavy processing costs and conversion fees.
It will embed multi-currency accounts, payments, and access to a best-in-class fintech partner network across multiple geographies. Through our financial services ecosystem, customers will be able to access best-in-class services from other fintechs. SaaScada is the perfect partner to help us fulfil these objectives.
We previously explored why the convergence of SaaS and fintech is so compelling. Now, as fintech matures and SaaS evolves, a second wave is taking shape. Now, as fintech matures and SaaS evolves, a second wave is taking shape. This is SaaS fintech v2.0. In contrast, SaaS fintech v2.0 SaaS fintech v2.0
We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. No one would be surprised to learn that 99 per cent of fintech firms are established with one overarching priority: to make money.
While Somalia’s financial sector has seen remarkable growth in recent years, a significant portion of the population remains underserved or unbanked. ” The post Somalia Launches First Nationwide Instant Payment System Powered by BPC appeared first on FF News | Fintech Finance.
In this article, we cover the developments between Agentic AI in fintech and possible use cases, giving a glimpse into how financial services could look like in the near future. In fintech, this means AI systems that dynamically manage credit risk, automate trading decisions, and even preemptively block fraud, all without human intervention.
This article explores how satellite-enabled fintech infrastructure is reshaping rural economies, unlocking digital financial access, and helping underserved communities join the global marketplace. Traditional networks can’t reach everyone—but satellites can.
The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.
Welcome to the Fintech Review guide , our definitive source for everything fintech. Over the years, weve covered a broad range of fintech topics from digital banking to decentralised finance , regtech , green fintech , and more. What Is Fintech? At its core, fintech challenges the status quo.
This International Women’s Day, Airtel Payments Bank recognises the pivotal role women play in expanding financial access, particularly through the remarkable work of women business correspondents (BCs) who are bridging the gap between banking and underserved communities.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 15 July 2025. Megan Easey is taking the helm at Xace as chief executive, bringing over 20 years of leadership in igaming, fintech and banking.
The underserved small and medium-sized business (SMB) market presents an opportunity for FIs looking to grow deposits. To take advantage, Q2 says that FIs need digital platforms that integrate with fintech solutions, deliver exceptional customer interaction, and leverage data for personalised outreach.
The teams are developing applications, products, and protocols that focus on consumer fintech solutions, OpenFI, financial inclusion, and DeFi. Consequently, this will provide a scalable and efficient solution for underserved businesses in the region. The selected teams were chosen from applications across the region.
Alipay+ expanded its vibrant wallet-based payment and digtalisation space that further strengthens WorldFirst and Antom , the two business fintech services. The post Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation appeared first on FF News | Fintech Finance.
Tranglo’s seamless payout network enables users to send and receive funds through mobile wallets, bank accounts, and cash pickup locations, also offering greater financial access to underserved populations.
Home News Startups JPMorgan opens Fintech Forward programme in the UK Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Many fintechs and financial institutions often make big claims that they can enhance support to the previously underserved, positively impact the environment, or improve peoples lives in many other ways. To conclude our focus on fintech for good, The Fintech Times explores whether some firms are exploiting the concept.
Thunes has won the Thunes Best Payment Solution Award at the 2025 Asian Banking & Finance Fintech Awards, making its name as a great place to make payments across borders. It’s a great honour to be recognised here in Singapore, a global fintech hub that embodies the spirit of innovation shaping our region.
Stakeholders across various sectors, including banks, fintech companies, regulators, and payment networks, must collaborate to create a resilient and inclusive payments ecosystem that promotes sustainable economic growth. The “Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow” report is available here.
While Somalia’s financial sector has seen remarkable growth in recent years, a significant portion of the population remains underserved or unbanked. ” The post Somalia Launches First Nationwide Instant Payment System Powered by BPC appeared first on FF News | Fintech Finance.
Despite their crucial role in economic growth and job creation, nearly half of all MSMEs in Asia and the Pacific are either unserved or underserved by financial institutions. Trillion MSME Financing Gap in Asia appeared first on Fintech Singapore. said ADB’s Vice-President for Market Solutions Bhargav Dasgupta.
Chandler, United States, April 4th, 2025, FinanceWire Fintech company DecisionFi, LLC is expanding its reach into underserved consumer markets with a suite of financing solutions designed for sectors often overlooked by traditional lenders. billion by 2030, expanding at a compound annual growth rate (CAGR) of 20.3% from 2022 to 2030.
According to a report in Bloomberg, JP Morgan is going to make fintechs pay up if they want access to customer financial data. Check out this news and more in this week’s edition of Finovate’s Fintech Rundown ! Fighting words? Or just signs of what’s to come?
Singapore-based fintech firm Surfin Meta Digital Technologies has raised US$14 million in a new funding round, bringing its total funding to US$26.5 The company aims to develop a broader suite of intelligent digital financial services targeted at underserved populations. Louis, and Phillip Private Equity. This follows an earlier US$12.5
Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. Fintech presents opportunities to address these challenges and promote financial inclusion. appeared first on The Fintech Times.
The company’s entry into Italy marks a strategic move into the fourth-largest eCommerce market in Europe, addressing a fast-growing segment that remains underserved by legacy payment providers. The post Mollie Expands Into Italy With Local Payment Solutions for Businesses appeared first on FF News | Fintech Finance.
Embedded banking platform, Treasury Prime has become the latest member of the American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks. Their platform helps financial institutions reach new markets while enabling technology companies to scale with confidence.
Developed using ReFi, a debt consolidation technology, OakbrookOne aims to make borrowing easier and more accessible, particularly for those traditionally underserved by mainstream credit. ” The post Oakbrook Taps Experian ReFi tech to Launch Debt Consolidation Offering to Underserved Customers appeared first on The Fintech Times.
The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Thursday 17 April 2025. Funding news Marshmallow , the UK fintech, has raised $90million worth of funding from Portage , BlackRock and Columbia Lake Partners.
Innovation Hub: Indias payment ecosystem is a hotbed of innovation, with fintechs constantly developing new solutions, often leveraging UPI, Aadhaar, and other public digital infrastructure. PIDF scheme to subsidize PoS devices in underserved areas), and bringing more individuals into the formal banking fold.
By uniting their expertise, TransferTo and Ecobank will drive financial inclusion, empower underserved communities, and establish secure, seamless digital pathways that connect Africa’s economies with the rest of the world.
Banking and finance survey results, Source: E-Commerce in Cambodia 2024, Profitence, Feb 2025 In this evolving landscape, fintech players such as Wing Bank and TrueMoney are emerging as major contributors.
Founded in 2012 and headquartered in London , Checkout.com offers full-stack payment solutions that serve some of the largest e-commerce, fintech, and digital companies in the world. With a valuation once reaching $40 billion, Checkout.com became one of Europes highest-profile fintech success stories, even amid broader market corrections.
This month at The Fintech Times, we’re reflecting on the past year’s fintech highlights while looking ahead to what 2025 might hold. We’ve engaged with fintech CEOs and industry experts to uncover key trends from 2024 and their insights on priorities for the coming year.
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