NewsThailand’s main digital asset exchange will go without cryptocurrencyToken sales are set to begin later this year. 2 mins read
Short-video company targets e-commerce for growth, in defiance of leader Alipay. NewsByteDance unveils payment service for China’s version of TikTok3 mins read
In Vietnam, use of cashless payments surged more than 500% in the first six months of 2020, compared to the same period in 2019. NewsVietnamese e-wallet Momo pushes super app plans with USD 100 million funding round3 mins read
The investment comes shortly after the Ant Group-backed firm saw a 254% year-on-year growth in transactions in 2020. NewsPhilippine-based e-wallet GCash bags over USD 175 million on the back of booming transactions2 mins read
Regional investors have also set their sights on Myanmar’s fintech market where 80% of the country’s 55 million people are unbanked. NewsMyanmar’s fintech startups go from strength to strength3 mins read
Proposed reshuffle includes under-fire lending and insurance platforms. NewsAnt eyes holding company structure under regulatory pressure3 mins read
Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements. NewsMeituan hit with anti-monopoly lawsuit for ditching Alipay2 mins read
Tech giants feel a new chill with heightened scrutiny on monopolistic practices. NewsChinese regulators order Ant group to ‘rectify’ business, return to ‘payment roots’2 mins read
The Noida-headquartered payment and financial services firm aims to become profitable by 2022. NewsPaytm cuts down losses by 30%, says on path to being profitable by 20222 mins read
NewsDeals in brief: Salmon raises USD 88 million, InstaPay closes Series A2 round, ten China deals, and more
