Fintech

In less than four months this year, 11 startups have become unicorns.

Financial centers like Singapore are in a race to attract new digital money businesses.

The regulators also want to break Ant’s payments and information monopoly after allegations of unfair competition practices.

StcokGro doubles as a platform where users can build connected communities.

The low-cost airline company has been rolling out new features like grocery and food orders, clinic bookings, and rides in select countries.

Fintech services have been curtailed by constant internet disruptions and limited cash flows, setting back a sector that had just begun to flourish.

The current round of funding has valued the company at a little over a billion dollar, about three times more than its previous valuation seven months ago, thus catapulting it into the unicorn club.

Ripple’s transaction volume in Southeast Asia increased by 10x in 2020.