Indonesia e-wallet transaction to reach $18.5 billion in 2021 amid fierce competition

Janine Marie Crisanto

Research Note 0 Day ago

As the number of e-wallet players in Indonesia surges amid the vast market opportunities, bigger players have begun extending the competition beyond payments

Digital-only bank Tonik launches in the Philippines

Kevin Luarca

Current Account 0 Day ago

Tonik, one of Southeast Asia’s first digital-only banks, has officially launched in the Philippines, the country’s first neobank

DeFi risks and hacks on the rise

2021 marked two trends in the crypto sector: the massive explosion of crypto-assets and the multitude of hacker attacks that led to significant risks.

Coupang raises $4.6 billion in biggest US IPO this year

Kevin Luarca

Current Account 0 Day ago

Coupang has raised $4.6 billion making it one of the biggest share offering by an Asian company on a US exchange

Canadia Bank achieves solid results in profitability and liquidity indicators

Bank of China (Hong Kong)’s strong capital position and robust asset quality keep it ahead of peers in Asia Pacific

Bank Islam Brunei Darussalam maintains a strong liquidity position

Indonesian banks’ profitability hardest hit amid COVID-19 but remained highest in Asia Pacific

Wendy Weng

Datafiles 0 Day ago

The COVID-19 pandemic has exerted substantial impact on the profitability of banks in Asia Pacific, although most are better positioned to weather this crisis than during the global financial crisis

LINE BK tops two million users in Thailand

LINE BK, the first social banking platform in Thailand, has exceeded two million users within four months from its launch in October 2020. LINE BK registered strong growth in the number of new users, transaction volume, and loan applications.

StashAway’s Ferrario: “We grew 300% amid pandemic, 20% AUM from high net worth clients”

Neeti Aggarwal

Current Account 0 Day ago

Michele Ferrario, co-founder and CEO of StashAway, a Singapore-based digital wealth management fintech, shared how the company is differentiating itself, its recent growth and key challenges faced

Shangri-La Brewery's Gyalzur:

Emmanuel Daniel

0 Day ago

Songtsen “Sonny” Gyalzur, founder of the Shangri-La Highland Craft Brewery, spoke with Emmanuel Daniel about his journey from a privileged young man to a social entrepreneur.

Bangkok Bank maintained ample liquidity and robust loss-absorbing buffers amid pandemic

Global Payments Report: Digital wallets and BNPL drive ecommerce payments

The use of digital wallets has accelerated amid the pandemic and exceeded cash-based transactions for in-store payments for the first time, according to the 2021 Global Payments Report released by Worldpay from FIS

Lombard Odier's Monier: "SPACs raised more than $137 billion in 2020, 40% from retail investors"

‘Blank cheque’ companies are attracting billions of dollars from retail investors and hedge funds in search of capital gains and access to private market returns. These special purpose acquisition corporations promise firms a simpler, cheaper and alternative path to a public listing. This article explains the rise of ‘blank cheque’ corporations and the caveats that investors should carefully examine

Bank of Ayudhya partners Security Bank to tap Philippine consumer finance market

Janine Marie Crisanto

Current Account 482 Day ago

Thailand’s Bank of Ayudhya (Krungsri) is set to join Security Bank to infuse $62 million in fresh capital for the expansion of its consumer finance subsidiary, SB Finance.