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Is Vietnam Undergoing a Cashless Revolution?

Fintech News

Vietnam is undergoing a transformation and moving towards becoming a cashless economy, a shift that has been driven by innovative financial solutions and public initiatives, a new report by Chiming, a market research firm focusing on Vietnam and Indonesia, shows.

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Fintech is Failing at Financial Inclusion for Women

Fintech News

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

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Yorkshire Building Society Partners with Doshi to Educate for First-Time Homeowners

Finovate

In partnership with financial literacy platform Doshi, Yorkshire Building Society is offering online financial education to first-time prospective homebuyers. Doshi was founded in 2021. Doshi made its Finovate debut earlier this year at FinovateEurope in London. The company is headquartered in London.

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More Than Half the Fintech Industry Seeing Growth from Strong Consumer Demand

Fintech News

billion in 2021 to US$77.5 In Asia Pacific, the lack of a skilled workforce and poor digital and financial literacy were also factors, however this trend can also be observed globally. But the noticeable decline in fintech investment — halved from US$140.8

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Gen Z, BNPL, and the fine line between financial freedom and pitfalls

Tearsheet

BNPL taps directly into this mentality, shares Matt Britton, CEO of Suzy , a SaaS market research and consumer insights platform, in a recent Tearsheet Podcast episode. “I According to Britton, many BNPL users are disproportionately financially vulnerable — individuals with limited savings, irregular incomes, or a lack of financial literacy.

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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. Ajaib joined the unicorn club in October 2021 after a US$153 million Series B fundraise. The round brought the startup’s total funding to about US$243 million.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less. The disruption of equities research. The disruption of equities research. It has been a tumultuous decade for the world’s biggest investment banks.