Fintech

Chinese regulators have been confronting the boom in digital finance this year and released torrents of new rules, designed to get a firmer grip on the country’s financial system.

Our aim is to make the Gojek app a reliable resource for everyone’s financial needs, said co-CEO Andre Soelistyo.

As of November, Funding Societies claims to have given out more than SGD 1.8 billion (USD 1.4 billion) across 3.3 million loans.

To date, Helicap has facilitated around USD 40 million in alternative lending to more than 150,000 SMEs and individuals.

Rama Sridhar discusses financial inclusion, collaboration across the digital payment infrastructure, and her hopes for the future.

Grab, Ant, and other heavyweights join drive for greater financial inclusion.

Buka Investasi Bersama will launch four new products and has a target to serve 500,000 mutual funds investors on its platform in 2021.

For the new digital banks, Singapore might be the launch pad for other markets in the region.