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Singapore’s Credify Raises $1M To Expand Into Southeast Asia

PYMNTS

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5

Regional 171
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Where Does Chime Go From Here?

Gonzobanker

While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. Cornerstone’s numbers don’t jive, however, with what some of the other fintechs have reported publicly. Is it ready for an IPO?

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

PYMNTS

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Open Banking And Digital Readiness.

America 165
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Digital Payments’ Summer of Love

PYMNTS

In PYMNTS’ June edition of The Digital Payments In A Digital World Playbook done in collaboration with Wirecard , we learn that “digital shifts in regions like the EU and the U.S. are somewhat expected, with consumers in both [regions] more frequently interacting with financial and payment providers through digital channels.

Payments 132
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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 195
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Security: Higher internet usage and data generation lead to increased investment. After privacy advocates raised concerns about user data security, the companies announced changes, including using Bluetooth signals instead of geolocation data. market by 2025 prior to the onset of Covid-19. Conversational AI/chatbots.

Industry 101
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

India is the region with the highest growth potential, and this is why both Amazon and Alibaba see it as critical to their long-term strategy. Alibaba and Amazon are already the two main e-commerce players in the region, and are fiercely competing to keep that edge as more spending shifts online.