NewsAmazon injects USD 30 million into its Indian payment arm for further expansionAmazon Pay has signed up close to five million merchants, it said last month. 2 mins read
PhonePe plans to become profitable and file for an IPO over the next few years. InsightsHow Walmart-owned PhonePe beat Google Pay and became the first app to cross 1 billion UPI transactions6 mins read
Ant Group and MYbank will continue to support the research, development, and trials of the PBOC’s e-CNY. NewsAnt Group affiliate MYbank joins China’s digital yuan trials2 mins read
Indonesia recently blocked 26 unauthorized investment businesses, including three crypto platforms. NewsIndonesia’s growing crypto market is a staging ground for illegal platforms3 mins read
The round brings Tonik’s total funding to USD 44 million. NewsTonik raises USD 17 million for its neobank aimed at the Philippines’ unbanked population2 mins read
In 2024, online marketplaces will account for 9.7% of total sales in life and health insurance in China, according to a study. NewsInsurtech startup Yuanbao scores USD 155 million to catch up with newly listed Waterdrop2 mins read
Even before the investment, Gojek and Telkomsel have been working together for some time. NewsTelkomsel dials up investment in Gojek, expands collaboration in ads and gaming2 mins read
Joe McGuire is the founder of MyMy, a company bidding for one of five digital banking licenses that Malaysia will provide in Q1 2022. InsightsThis entrepreneur aims to build Malaysia’s first sharia-compliant neobank | Startup stories5 mins read
The firm counted 19.2 million paying customers at the end of 2020. NewsTencent-backed insurance service Waterdrop raises USD 360 million in US IPO1 min read