NewsChina enlists Ant-backed MYbank in expanding digital yuan trialTencent’s WeBank also joins the six state-owned banks in the pilot. 1 min read
Wise processes USD 6.3 billion in cross-border transactions every month. NewsTransferWise rebrands as Wise, to hire over 70 new staff in Singapore2 mins read
The regulator intends to bring down the leverage ratio of Chinese fintech companies. NewsChina issues new online loan rules to lower financial risk2 mins read
Waterdrop had around 330 million paid users at the end of June. NewsKEY STAT | Tencent-backed online insurer Waterdrop eyes US listing1 min read
Shopee is preparing the infrastructure to transform Bank BKE into a digital bank. NewsIndonesia’s regulator confirms acquisition of Bank BKE by Sea Group, report says1 min read
Bank Syariah Indonesia is a consortium of three state-owned banks that will redefine the region’s Islamic economy. InsightsCan Indonesia’s mega sharia bank empower the country’s Islamic fintech ecosystem?7 mins read
Turning profits in BNPL relies heavily on economies of scale, but the future looks bright for companies that manage to strike the delicate balance. InsightsThe rise of buy now pay later in the Middle East: Overview and predictions8 mins read
Mishra is the founder and CEO of Afthonia, an incubator for fintech startups. Q&A[Tuning In] Tanul Mishra gives her lens on the startup ecosystem in India2 mins read
With this round, KreditBee’s parent company Finnov has cut down the shareholding of its existing Chinese backers from 40% to 10%. NewsIndian lending startup KreditBee bags USD 75 million from PremjiInvest, Mirae Asset Venture2 mins read
NewsDeals in brief: Sleek EV and Polybee raise funding, Sea Limited backs Noematrix, eight other China investments, and more
