Southeast Asia

So far this year, Hong Kong’s Monetary Authority (HKMA) has issued virtual banking licenses 8 different groups, including BigTechs, as part of an initiative to promote financial innovation, enhance consumer …

FinTech startup SmartPay has launched a financial inclusion wallet in Vietnam, targeting 25 million unbanked/underbanked consumers and 6 million small- and medium-sized merchants. SmartPay ensures a better payment and finance …

The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. This has resulted in companies springing up to …