NewsLoan platforms backed by JD.com and Baidu face controversy as English-training agency Webi goes bankruptOne dark side of China’s fast-growing consumer loan industry. 2 mins read
Samsung Pay opens the collaboration with other payment players in Indonesia. NewsSamsung Pay collaborates with Indonesian mobile wallets Dana and GoPay1 min read
The company was founded by six former employees from Alibaba and its affiliate Ant Financial. NewsCross-border payment platform XTransfer raises USD 15 million in Series B1 round, led by Alibaba2 mins read
This is the second batch of companies to be approved this year. NewsOriente one of six online lenders to receive official business license in Indonesia2 mins read
The startup is on its way to hit profitability, CEO says. InsightsIndonesian P2P lender KoinWorks focuses on business and education: Startup Stories4 mins read
Ovo’s e-wallet is integrated into several platforms, including ride-hailing firm Grab and e-commerce marketplace Tokopedia. NewsDigital wallet Ovo is officially Indonesia’s fifth unicorn1 min read
A week of keynotes, panel discussions, workshops, competitions—and an “Innovation Lab Crawl”. EventsSFF x SWITCH: Fintech and deeptech innovators meet in Singapore from November 11-152 mins read
It will compete with two major payment companies Alipay and WeChat Pay. NewsPayPal to enter China’s payments market with local stake buy2 mins read
Start by saving just two dollars. Founder Nghiem Xuan Huy wants to transform how the country’s millennials manage their money. InsightsFinhay wants to herald a new era of micro-investment in Vietnam: Startup Stories4 mins read