NewsTonik raises USD 17 million for its neobank aimed at the Philippines’ unbanked populationThe round brings Tonik’s total funding to USD 44 million. 2 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
Despite a pandemic-induced drop in overseas workers, remittances from Filipinos abroad reached USD 33.2 billion in 2020, nearly unchanged from a year earlier. InsightsWith OFBank, the Philippine government enters the remittance business5 mins read
The company has disbursed over SGD 850 million in loans for SMEs across Southeast Asia so far. NewsFintech lender Validus raises SGD 30 million for SME loans in Singapore2 mins read
While Vietnam’s e-wallet providers are burning money, the Philippines have shown that telcos can be successful contenders in the space. NewsVietnam’s mobile money pilot opens for telcos, but questions of viability remain3 mins read
India added 12 unicorns from January to April. Four of these firms operate in the B2B sector, and more will follow. InsightsBillions pour into Indian B2B companies, creating more and more unicorns | KrASIA Spotlight7 mins read