Fintech

It has the advantage that multiple bills can be settled at a convenient time.

The Hong Kong Monetary Authority has so far issued 8 virtual banking licenses. Ant Financial, Tencent, Xiaomi, and Ping An each have one.

The platform hopes that one-fifth of the country’s population will be on board within two years.

Alami is the third Sharia-compliant fintech platform registered with the financial services authority

Earlier this year, the payment platform was in a row with Huobi, a cryptocurrency exchange that exited China in 2017.

The app has been available for download for about two months but isn’t fully functional yet

GGV Capital’s portfolio includes notable companies like Alibaba, Airbnb, and Slack.

The total transaction value of digital payment platforms in Indonesia reached USD 3.29 billion.