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UOB Report: ASEAN Fintech Investment Defies Funding Winter, Surges Tenfold Since 2015

Fintech News

ASEAN’s fintech sector has seen remarkable growth, with funding rising more than tenfold since 2015, according to the Fintech in ASEAN 2024 report launched today by UOB , PwC Singapore, and the Singapore Fintech Association.

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Toast CEO resigns

Payments Dive

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan.

Posting 167
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

For example, in 2015, automotive manufacturer Ford reduced its production line injury rate by 70% using virtual reality training. The pandemic has forced retailers and brands to go all in on their online operations, and the momentum virtual commerce is gaining seems likely to carry over to a post-virus world. Cloud call centers.

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FinovateFall 2024 Best of Show Winners Announced

Finovate

The six companies appearing on the highest percentage of submitted ballots were named “Best of Show.” Go here for a list of previous Best of Show winners through 2014.

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Monzo, the UK challenger bank with 9 million customers, raises $430 million

TechCrunch Fintech

Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides UK current accounts, debit cards and several financial […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Modalku’s Co-Founder Iwan Kurniawan Steps Down After 8 Years

Fintech News

Iwan, who spearheaded the company from its inception in 2015 until June 2023, transitioned out of his role following a meticulously planned year, continuing as a board member and advisor until October last year. He added that his interests lie at the confluence of cognitive science, artificial intelligence, and adult learning and performance.

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Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million

Fintech News

Sacombank’s stake sale is part of its broader restructuring strategy following its 2015 merger with Southern Bank. Featured image credit: Edited from Freepik The post Sacombank Reportedly Planning 33% Stake Sale to Raise Up to US$880 Million appeared first on Fintech Singapore.

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