Fintech

Asian consumers embrace digital banking: McKinsey
Digital banking penetration has grown 1.5 times to three times in emerging Asia since 2014.
SuperCharger opens up second Malaysia programme to international startups
A no equity, 12-week programme aimed at helping fintech startups to establish and scale their business in Malaysia and beyond.
Soft Space locks in Series B funding from Japan’s Sumitomo Mitsui Card Company
Asian fintech player raises an undisclosed Series B round from Japanese investor, giving it a major foothold in a lucrative market.
Applications open for Accenture’s Asia-Pacific FinTech Innovation Lab 2018
Accelerator programme marks fifth-year anniversary as fintech investments in Hong Kong surge.
Funding Societies raises US$25 million in series B round
This oversubscribed series B round is the largest raised by a P2P lending platform in Southeast Asia.
Cyber-security the biggest barrier to fintech and banking sector partnerships in Asia
The general lack of cyber-security safeguards in fintech companies has raised serious concerns around data protection and compliance.
Banking needs to be better integrated into digital lifestyle: Oracle
Sixty-seven percent of consumers surveyed have made the switch to digital; increasingly open to non- bank options.
SEA fintech firms show strong growth aspirations amid funding challenges
Seventy-three percent of Malaysian fintech firms plan to expand beyond their current markets.
Investree set to close Series B funding round
Indonesia-based P2P lending fintech sees an opportunity in gathering various finance institution as lenders.
CIMB partners Bayad Center and FINTQ in the Philippines
Smart partnerships will deliver AI-led, fully digital mobile banking convenience to customers.
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