NewsSingaporean fintech firm GoBear lays off staff due to COVID-19 crisisThe 22 affected employees represent 11% of GoBear’s total workforce. 2 mins read
The news came shortly after NextPay Holdings announced plans to raise around USD 60 to 100 million in the first quarter next year and go public in 2022. NewsVietnam’s NextPay invests USD 475,000 in local customer service app CNV Loyalty1 min read
The UAE-based online-grocery delivery platform InstaShop has been acquired for USD 360 million by Delivery Hero. NewsFocus on deals | The Middle East Weekly Roundup2 mins read
Pandemic drives digital pay in US and China as analog banking slows to a crawl. InsightsFintech companies outrun big banks in profit and valuation3 mins read
Small neighborhood stores are integral part of the economy of both developing nations, and tech firms are stepping in to provide additional services. InsightsThe race to digitize neighborhood stores in India and Indonesia (Part 1 of 2)7 mins read
Dhanapala, Tokopedia’s standalone P2P lending app, was released with little acknowledgment from its parent company. InsightsTokopedia rolls out fintech lending service amid data breach investigation4 mins read
The company has plans to become the Stripe of Pakistan. NewsPakistani fintech firm Safepay receives Y Combinator’s backing3 mins read
DBS PayLah! and Singtel Dash users can now scan at Fave-partnered merchants. NewsSingaporean fintech Fave partners with DBS, Singtel to offer digital payment2 mins read
Shenzhen follows Hong Kong and Shanghai in allowing tech companies to implement a dual-share structure. NewsNew rules: Registered technology companies in Shenzhen can implement dual-class shares3 mins read