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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

Merchant acquiring solutions, including offline and online options like QR code payments, payment aggregators and payment gateways, also saw substantial growth of more than 25%, spurred by regulatory initiatives, rising QR penetration, and the entry of new players.

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

Fintech News

In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to SMEs, including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution. The group reported a gross transaction value (GTV) of IDR 116.5 trillion (US$7.2

FinTech 132
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11 Most Promising Singapore Fintech Startups in NextGen Tech 30

Fintech News

In May 2024, Aspire launched in Hong Kong, offering a suite of financial solutions to small and medium-sized enterprises (SMEs), including the ability to open local business accounts for payables and receivables management, international payments, as well as payment gateway solution.

FinTech 107
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Many leading tech companies — including Google (Checkout), Yahoo (PayDirect), and Microsoft (Passport) — tried to compete with PayPal to gain a foothold in the online payments market, but ultimately shuttered these product lines in the mid-2000s. Source: Square. Business lending & corporate cards.

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If Facebook Wants To Be WeChat, Why Did It Launch Libra?

PYMNTS

And all of them – developed and developing – use regulated rails, bank accounts and compliant fiat currencies to remove user confusion and friction, establish trust, enable merchant acceptance and accelerate market entry and scale. Just like WeChat did. Of Messenger and Libra.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Similar to its US strategy, Amazon is investing in enabling faster frictionless payments to help boost marketplace sales — always a key focus for the e-commerce giant. Its first entry point in the market was in payments in October 2014. This investment complements Amazon’s broader push to support SMEs.