Remove Multi-Currency Remove Small Business Remove Underserved
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Why This Chinese Unicorn is Betting Big on Southeast Asia’s B2B Cross Border Payment

Fintech News

Its key offerings include multi-currency accounts, secure and compliant payments, and global transfers. An underserved B2B payment market Deng explained how his extensive experience in payment systems and money movement at organizations including Alipay and Visa motivated him to tap into the underserved B2B vertical.

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Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

Additionally, there has been a significant rise in the number of Foreign Business Owners (FBOs) with businesses incorporated in Singapore, making up nearly 31% of the bank’s clientele as of 31 May 2024. ANEXT Bank continues to focus on serving the underserved MSMEs. ” said Toh Su Mei, CEO of ANEXT Bank.

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Think Local, Act Global: NovoPayment on Bringing Digital Products to LatAm

The Fintech Times

Headquartered in Miami with offices in Mexico, Colombia, Peru, and Ecuador, we provide a multi-currency API cloud-based platform that powers digital banking, payment infrastructure and card solutions to clients throughout 15 markets in Latin America and the US.

Product 69
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Meet the 40 Fastest Growing Fintechs in Asia Pacific According to the Financial Times

Fintech News

These included bringing in revenue no less than US$100,000 in 2019 (or the currency value equivalent as of 2019); earning revenues of no less than US$1 million in 2022 (or the currency value equivalent as of 2022); revenue growth from 2019 to 2022 also needs to be predominantly organic (i.e., “internally” generated). . #7

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What Is the Top Priority for Firms Looking To Offer Cross-Border Payments?

The Fintech Times

Stripe research shows that 95 per cent of customers choose to check out in their local currency when given the option, and 85 per cent of customers will abandon cart if their preferred payment method isn’t offered. “For businesses with a multi-market strategy, choosing a trusted payment provider that caters to your needs is paramount.

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How Visa and MasterCard Shape the Payments Industry

Clearly Payments

High interchange fees can eat into merchants’ profit margins, particularly for small businesses with tight budgets. International Trade and Commerce: Visa and Mastercard facilitate cross-border transactions, enabling businesses to engage in international trade and commerce seamlessly.

Visa 84
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Grab’s Financial Unit Announces Remittance Offering

PYMNTS

Inter-operable, real-time regional payment systems will expand opportunities, especially for citizens and small businesses, to access products and services across ASEAN. Grab made the announcement during the 33rd ASEAN Summit.