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A New Digital Bank Will Launch in the Philippines in 2020
TONIK believes that Philippines banking sector is ripe for a digital disruption, and will follow the lead of other markets globally, where digital-only “neobanks” have rapidly captured millions of customers and attracted over $5B of investor funding in the last 2 years alone.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital finance, fintech
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Chinese Fintech Company Ant Financial Quietly Takes Stake in Vietnam’s eMonkey Amid Anti-China Sentiment
Alibaba affiliate Ant Financial has quietly acquired a sizeable stake in Vietnamese e-wallet eMonkey, sources say.
- Categories
- Finance
- Region
- Asia Pacific
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Rise of Blockchain in Indonesia Brings Promise of Greater Financial Inclusion
A lot of the credit for the contemporary burgeoning blockchain community in the country goes to startups like Blockchain Zoo, the first company to offer blockchain consultancy services in the country and Blockchain Space Asia, both of which are founders of the blockchain association in Indonesia.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Sustainability Investing Takes off in Southeast Asia
Socially responsible investing is on the rise globally, fueled by public concern about global challenges such as climate change, pollution, deforestation and social inequality.
- Categories
- Investing
- Region
- Asia Pacific
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4 Trends Shaping the Future of the P2P Lending Regulation in Southeast Asia
The active inflow of investments made countries intensify their efforts in the development of fintech ecosystems and the regulatory environment.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
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Viewpoint: Myanmar Solar: Lots of Potential, But a Cloudy Outlook for Solar Energy Development and Growth
Demand for energy has been growing fast, in parallel with the ASEAN (Association of Southeast Asian Nations) member’s economy, and solar energy is competing against a variety of conventional, as well as alternative low- or zero-carbon, energy resources for its share of Myanmar’s energy mix.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- renewable energy
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Kredivo’s Parent Firm FinAccel Raises $90m to Expand Its Credit Lending Platform in Southeast Asia
The app enables customers to secure credit between $100 and $2,200. If a customer pays it back in full in a month, FinAccel does not charge them any fee.
- Categories
- Finance
- Region
- Asia Pacific
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China Plans Measures to Boost Revenues for Renewable Power Companies
Despite rapid expansion and a drastic fall in the cost of producing power, renewable firms are still struggling to produce power as cheaply as coal-fired plants.
- Categories
- Energy
- Region
- Asia Pacific
- Tags
- renewable energy