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5 Lessons APAC Digital Banks Can Learn from Nubank’s US$1B Profitability Journey

Fintech News

As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking. The Brazilian digital bank turned a net loss in 2022 into a US$1 billion net profit in 2023, with revenues exceeding US$8 billion.

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Key Trends Shaping Cross-Border Payments in APAC

Fintech News

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The APAC region led this trend, contributing nearly two-thirds of global spending, with a combined US$9.8

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HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses

The Fintech Times

The overall transaction, an accumulative commitment of over $100million, also includes the two annual credit facilities extended to Funding Societies, reaffirms HSBC ’s continued support for MSMEs through the platform since 2022.

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Top 15 Fintech Events in APAC to Attend in 2024

Fintech News

Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 billion in H2 2022 to US$5.1 Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 billion in H2 2022 to US$5.1 billion, the data show. billion, the data show.

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Celebrating 10 Female Leaders Leading the Fintech Revolution in APAC

Fintech News

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). Their influence goes beyond their own organisations, significantly impacting the fintech sector across the entire APAC region.

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Overcoming Huge Infrastructure and Inclusion Challenges: How Can Fintech Help Develop Timor-Leste?

The Fintech Times

One of the poorest countries in the Asia-Pacific (APAC) region, East Timor, or Timor-Leste, is trying to foster economic development and growth, albeit while facing a number of challenges. As the country looks to ensure future stability, we ask how big a role fintech can play in making progress. In fact, some key work has already begun.

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India’s Rise in Fintech: How Digital Payment Infrastructure is Shaping Economic Growth

The Fintech Times

Accelerating financial inclusion Though demonetisation was abrupt, it accelerated digitalisation in India, with a significant impact on financial inclusion. Digital payment transactions have also surged, growing by 76 per cent in volume and 91 per cent in value by 2022. billion transactions.