Drivers of ASEAN’s Fintech Landscape

n655097 Blog banner for blog 5 drivers of ASEAN’s fintech landscape 2 022020

According to UOB’s report on the State of Fintech in ASEAN, Singapore takes the lion’s share of fintechs in the region, at 39%. In Singapore alone, fintech investments crossed the billion-dollar mark, a figure that the Monetary Authority of Singapore (MAS) has set for 2019 but has achieved within the …

The 2020 Fintech Landscape in Singapore

n655094 Blog banner for blog The 2020 fintech landscape in Singapore 2 021820

With Singapore fintechs taking 51% of ASEAN funding as of Q3 2019, it comes as no surprise that investors may be keen to learn more about the country’s fintech landscape. Singapore has over 40 innovation labs, more than 500 fintech start ups, SGD500 million in record-high fintech investments in 2018, …

9 Words You Need to Have in Your FinTech Dictionary

Fintech Dictionary

With FinTech becoming prevalent in every industry, it’s imperative to pick up some FinTech terms to understand this new language of business. We have compiled a list of 9 words that you need to have in your FinTech dictionary to help you ease into picking up these business jargons! Fintech …

Top 10 Fintech Books to Read in 2019

Fintech Books Funding Societies

Southeast Asia is on a steady track to becoming an innovation destination. Singapore, with its strategic investment in R&D funding and STEM (Science, Technology, Engineering and Math) education, went up to the third spot in 2018 Bloomberg Innovation Index, while US fell out of the top 10 last year. As …

The 2019 Fintech Landscape in ASEAN

Fintech Landscape

A combination of the words ‘financial’ and ‘technology’, fintech seeks to design and deliver good quality financial services and products through innovative technology. The sector is booming with contributions not merely by banks and technology giants, but also Small and Medium-sized Enterprises (SMEs). Below are some predictions of the 2019 …

How Peer-to-Peer Lending Supports Financial Inclusion

How Peer-to-Peer Lending Supports Financial Inclusion

Financial inclusion is increasingly becoming a buzzword in the finance arena. While crucial in setting a strong foundation for development, the Southeast Asian (SEA) region and the world still has a lot of room for improvement. This is where Peer-to-Peer (P2P) lending can step in to steer the money lending …

Why FinTech is Rapidly Growing in Southeast Asia

Why FinTech is Rapidly Growing in Southeast Asia

After the financial technology (FinTech) industry’s start in the West, notably in Europe and in the USA, its innovations have established themselves across various markets. FinTech has also experienced adoption and high growth in China. But if we are searching for financial technology’s next hot region, it would be Southeast …

P2P Lending on a Global Scale

P2P Lending on a Global Scale

In the wake of the 2008 financial crisis, banks started making consumer lending stricter. Cheap, quick loans became challenging to acquire. Some consumers found it difficult to get loans even though they had a good credit history. The environment of scarce credit and lengthy approval process became an opportunity for …

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The ABC of P2P – A Concise Guide to P2P Lending

A Concise Guide to P2P Lendin

Peer-to-peer (P2P) lending is a revolutionary FinTech innovation, with the potential to address the lack of SME financing in Singapore. Since traditional middlemen like bankers aren’t part of the system, it increases profits for investors and convenience for borrowers and small businesses. Banks’ major financial model has been interest spreads …

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FinTech as the Future of Inclusion

FinTech as the Future of Inclusion

2016 was a year of surprises, a year mostly remembered for two political upsets: the Brexit vote and the election of Donald Trump as President of the United States. Observers noted that 2016 was characterized by rising anti-globalization. Yet despite the retaliation towards globalization, it is more prudent to address …