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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to small and medium-sized enterprises (SMEs), including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution.

FinTech 100
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Many leading tech companies — including Google (Checkout), Yahoo (PayDirect), and Microsoft (Passport) — tried to compete with PayPal to gain a foothold in the online payments market, but ultimately shuttered these product lines in the mid-2000s. The board also includes: Sequoia Capital partner Michael Moritz (joined the board in 2011).

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

When Tencent made the move to mobile and launched WeChat in 2011, it had to persuade QQ users to download and use the WeChat app. There are stories of micro merchants using it as a channel to sell, but it’s not clear how widespread those use cases are and the extent to which they have traction and scale. Just like WeChat did.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Below is a timeline of some of the major Amazon Pay milestones: Amazon’s first known payments product, Pay with Amazon, launched in 2007. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. It’s likely that Amazon was too early to P2P payments.