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Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. ANEXT Bank continues to focus on serving the underserved MSMEs.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. As companies increasingly operate on multi-party platforms and marketplaces, the ability to accept and send payments to third parties is vital. Source: Square. Source: Stripe.

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

Fintech News

This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. It also comes a payment card which allows users to spend their crypto directly in fiat currency. The platform is designed for travelers and tech-savvy consumers alike.

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