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BNPL Market Expected to Grow Across the Philippines, as Trust Rises Amongst Local Consumers

The Fintech Times

UnaCash , an in-app and in-store financing solutions provider, expects the Philippines’ buy now, pay later (BNPL) market to contribute 6.7 The forecast comes after UnaCash compared the volume of the Philippines’ BNPL market from 2020 to 2023 to the growth rate of the Philippine digital economy during the same period.

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Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

FICO

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. BNPL in Credit Reports: How Could This Data Impact FICO Scores?

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Ascend Money Lands $195 Million from MUFG

Finovate

“This is a significant milestone for Ascend Money, which not only validates our commitment to innovation and financial inclusion in Thailand but also demonstrates a growing interest and confidence in Ascend Money’s potential,” said Ascend Money Founder and Chairman Suphachai Chearavanont. In 2021, the company received a $1.5

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Uzbekistan: A Fintech Paradise?

Fintech Review

But specific trends in Uzbekistan’s financial landscape are our real source of optimism. Crucially, financial inclusion and a payments revolution are the accelerants in this market. Macroeconomic Growth and Transformation Clearly, Uzbekistan’s macroeconomic tailwinds must be part of any explanation of this phenomenon.

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Codebase Technologies Unveils Financing Platform to Support Underserved MSMEs

The Fintech Times

Through the new launch, Codebase Technologies, with offices across MENA , Africa and APAC, will provide financial institutions with a tailored platform to launch a variety of SME financing products and services such as digital supply chain financing products, BNPL for business, working capital loans, and much more, across key geographies.

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Indonesia Hosts Second Highest Number of Fintech Unicorns in Southeast Asia

Fintech News

Akulaku, which has a presence in China, Indonesia, the Philippines and Malaysia, claimed 26 million users in 2021, representing a 242% annual growth rate. Founded in 2018, Ajaib is an online wealth management solution that allows users to buy and sell financial products including stocks, exchange traded funds (ETFs), and mutual funds.

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Banking Data Monetization: Customer Demands, New Rules, and Revenue Prospects

Fintech News

Twimbit, a Singaporean research and advisory firm, identifies data monetization as one of the biggest growth opportunities for banks in Asia-Pacific (APAC), which, alongside super-app platforms, financial marketplaces, banking-as-a-services and buy now, pay later (BNPL) arrangements, are projected to contribute over 40% of banking revenue by 2030.

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