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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. ANEXT Bank has seen a six-fold increase in the volume of cross-border transactions facilitated for its MSME customers.

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

Fintech News

In 2023, the company processed over 50 million transactions and achieved annual volume close to US$80 billion. Aspire’s platform has quickly gained popularity in Southeast Asia, tripling its annualized total payment volumes in 2023 to US$12 billion. Airwallex has raised a total of US$902 million, achieving a valuation of US$5.5

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10 Best Bank Statement Extraction Software in 2024

Nanonets

It can handle bank statements with complicated layouts (think, multi-line items, nested tables, etc.) Can handle large volumes in a secure manner. The cost may be higher compared to simpler solutions, potentially making it less accessible for small businesses or low-volume users. Yearly: $119.99 Lifetime: $199.99 Yearly: $119.99

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In 2009, a decade after PayPal started offering online payments, San Francisco-based startup Square brought payments innovation to the point-of-sale , allowing businesses with smaller transaction volumes to accept card payments with its card reader and mobile phone card reader. on payment volume. Source: Square. Get the full report.

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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 The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market. billion in its latest financing round, a tidy sum above the $3.5 Sizzle or Fizzle?

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