Fintech News

MAY 5, 2024

By setting up shop right in the bustling heart of the country’s financial district, Oradian is not just physically closer to clients — the Filipino fintech is better positioned to be effective within the very fabric of everyday Filipino financial life. from 56% in 2021.

Financial Inclusion 85

Financial Inclusion Underserved Regulatory Compliance Disaster Recovery 85

Fintech Finance

MAY 9, 2024

in 2023 to $54 billion as a result of strong remittance growth in Mozambique, Rwanda and Ethiopia, with Nigeria accounting for 38% of the remittance flows. By combining our strengths, we can unlock new opportunities, bridge the financial divide, and create a more inclusive and prosperous future for all Africans.”

Cross-Border Payments 84

Cross-Border Payments Cross-Border Visa Financial Inclusion 84

Fintech News

FEBRUARY 26, 2024

billion in 2022, plus a further plunge to US$39 billion in 2023, as per CB Insights — has seen fintechs in certain regions noting the poor funding outlook as a hindrance to better growth. The commitment to financial inclusion remains a cornerstone of the fintech value proposition. billion in 2021 to US$77.5

FinTech 121

FinTech Consumer Financial Inclusion On-Demand 121

FICO

MAY 19, 2023

As of March 2023, Prosper has effectively managed credit limit changes for over 25,000 customers, with over 70 percent of them receiving credit limit increases. Prosper is pursuing opportunities to create a more efficient, accessible, secure, purposeful, and equitable financial system for underserved customers.”

Financial Inclusion 52

Financial Inclusion Credit Limit Financial Literacy Credit Risk 52

Fintech Finance

JANUARY 16, 2024

But for the underbanked and underserved, especially in rural areas, this access remains a major hurdle. According to Felix Ike, CTO and co-founder of Moniepoint, who emphasizes the company’s mission: “Our guiding principle is financial happiness for everybody.

Underserved 52

Underserved Financial Inclusion Compromise Process 52

Finovate

MAY 16, 2024

with over 42% growth in 2023 and 27 billion credit scores used per year, lenders are recognizing the innovation and predictive power of VantageScore credit scores.” The company, which is committed to financial inclusion, saw the usage of its VantageScore increase by 42% in 2023, when it reported more than 27 billion credit scores.

Underwriting 52

Underwriting Adjustments Financial Inclusion Underserved 52

The Fintech Times

MARCH 5, 2024

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. Our platform leverages alternate data sources, enhanced digital journeys, and real-time decisioning to drive responsible growth in the financial sector. million consumers and MSMEs through the platform.

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

Fintech News

FEBRUARY 20, 2024

That sum totaled US$340 million in 2023, representing 27% of fintech funding in ASEAN, according to the 2023 edition of the report, showcasing the prominence of the Indonesian fintech sector across the broader region. Xendit expanded to Malaysia in January 2023, its third market after Indonesia and the Philippines. in July 2023.

FinTech 99

FinTech Payment APIs and Integration Online and Mobile Banking Security 99

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 81

Embedded Finance APACS Financial Inclusion CBDC 81

Fintech News

DECEMBER 17, 2023

Founded in 2016, Akulaku provides digital banking, financing, investment and insurance brokerage services, targeting financial underserved demographics. 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.

FinTech 52

FinTech Financial Literacy Financial Inclusion Online and Mobile Banking 52

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. 3 Programmable Money: Advancing Financial Inclusion or Creating Walled Gardens, Powered by J.P.

Embedded Finance 72

Embedded Finance APACS Financial Inclusion CBDC 72

The Fintech Times

DECEMBER 10, 2023

We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. Open banking empowers consumers with more control over their financial data and fosters a more transparent and efficient financial ecosystem.

Payment APIs and Integration 124

Payment APIs and Integration Credit Union API FinTech 124

The Fintech Times

FEBRUARY 19, 2024

They can easily capitalise on personalisation, financial inclusion , and frictionless finance through their data-driven approach to customers and providing customised payment solutions to all, even those who are unbanked and financially excluded. Fintechs are natural trailblazers in the cashless revolution.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59

Fintech News

APRIL 3, 2024

The report, titled “Her Fintech Edge: Market Insights for Inclusive Growth”, explores the representation of women within fintech portfolios and the factors influencing, and examines the performance of women customers compared to overall portfolios, considering loyalty, customer lifetime value (CLV), and default rates.

Financial Inclusion 105

Financial Inclusion FinTech Financial Literacy Non-Bank 105

The Fintech Times

JULY 2, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. I believe this kind of focus sets a new standard for investment practices in the region.

FinTech 59

FinTech Cross-Border Underserved Legal Framework 59

Clearly Payments

APRIL 9, 2024

New products and services are being developed to compete in a market where customer expectations are constantly evolving, leading to a more dynamic financial landscape with quicker adoption of new technologies. This can lead to greater financial inclusion, with a wider range of people gaining access to essential financial services.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

Fintech News

MARCH 6, 2024

The startup targets underserved markets in the insurance space, such as the poor, students and startups. Anext Bank aims to accelerate financial inclusion through technology-driven innovation to deliver accessible and effortless financial services for SMEs in Singapore and across the region.

APACS 97

APACS FinTech Online and Mobile Banking Multi-Currency 97

Fintech News

JULY 23, 2024

Of the 13 Southeast Asian companies that made it into this year’s list, six are returning honorees from 2023. These companies are CapBay, Airwallex, Aspire, GoTo Group, Grab Financial Group and StashAway. The remaining seven are newcomers: Akseleran, Crypto.com, ANEXT Bank, Atome Financial, DBS Bank, Opn and YouTrip.

FinTech 105

FinTech Online and Mobile Banking Multi-Currency Non-Bank 105

Fintech Finance

MARCH 22, 2024

Remittances play a key role in strengthening financial inclusion in the region, boosting economies, and alleviating poverty –often serving as an essential source of income for people in low- and middle-income communities. A financial exclusion gap also still exists affecting underserved or unbanked communities.

Visa 52

Visa Cross-Border Cross-Border Payments Financial Inclusion 52

The Fintech Times

MAY 7, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. million users in 2019 to 29.3 million in 2022.

Digital Payments 64

Digital Payments Online and Mobile Banking Financial Inclusion Payments 64

Fintech News

MARCH 26, 2024

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies. times spike from the previous year. #30

FinTech 78

FinTech APACS Payment APIs and Integration Multi-Currency 78

Fintech News

JANUARY 15, 2024

In an ambitious move, the interoperable SGQR+ was showcased through a Proof of Concept (POC) spanning the entire month of November 2023, coinciding with the Singapore Fintech Festival (SFF). This broader perspective facilitates alternative credit scoring methods, potentially increasing lending to previously unserved or underserved segments.

Interoperability 91

Interoperability Cross-Border Payments Financial Inclusion 91

Fintech Finance

APRIL 2, 2024

“Fintechs have the potential to offer broad social benefits to the markets they operate in — particularly when it comes to providing financial services to those who have traditionally been underserved. VEI 2023 saw Nigeria’s Drugstock take home the VEI global grand prize of $50,000, as well as the Audience Favorite prize of $10,000.

Innovation 52

Innovation FinTech Cross-Border Payments Central Bank 52