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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

Founded in 2018, Aspire has raised more than US$300 million from world-class investors, included Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. Crypto.com (Singapore) Founded in 2016 and headquartered in Singapore, Crypto.com is a leading cryptocurrency platform.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. Investing: Robo-advisors and micro-investing lower barriers to entry.

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1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

Cryptocurrencies. Cryptocurrency has been the most viral product that any of these companies have leveraged to launch their entry into the consumer fintech space. Coinbase, specifically, was one of the first cryptocurrency exchanges in the US — amassing 20 million users within just 2 years. cbi_cta id=70404.

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

CB Insights

In December 2018, Reuters reported that Amazon was looking at airports as a potential Amazon Go partner. In March 2018, Greenlight Financial announced crossing 100,000 customers, growing its customer base 300% since the investment. That scale would make Amazon Go a $4.5B Amazon SMB Lending. in 2017 and 2.6%

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The metaverse could be tech’s next trillion-dollar opportunity: These are the companies making it a reality

CB Insights

In 2018, Epic Games ‘ Fortnite generated 5 petabytes of data per month (that’s equivalent to 2.5T pages of standard text). Bridging micro-vibrations, pneumatic systems for force resistance, and motion tracking, this technology can give the impression that digital objects have texture, stiffness, and weight.

Metaverse 101
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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. ChromaWay announced that it had completed a full transaction on the platform in June 2018. Additionally, real estate investing often involves expensive intermediaries such as fund managers, further raising the barrier to entry.

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

PYMNTS

Facebook’s launch of Libra on June 18 unleashed a firestorm of media coverage, mostly repetitive, and mostly a piling on over the regulatory bear that it poked when unveiling its global payments plus cryptocurrency plans. A year later, in May of 2018, Facebook launched a new blockchain business unit, and Marcus was put in charge to lead it.

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