December 2021 delivered headlines across a wide range of subjects in the broad fintech field, touching on areas including digital currency, app-based services, buy-now-pay-later and many more. In the broad Asia-Pacific regional context, we saw items including: Cool Points Club and Islands of Cool, capturing carbon using blockchain and NFTs; QR code-driven non-cash payments in Vietnam; digital banking for Indonesia’s huge unbanked population; and more.
And to get tech news updates from across Asia-Pacific via social media, mobile app, Instagram and more, check Startup News Asia’s channels.
Islands of Cool / Climate change, blockchain & NFTs
- Video: The Financial Times looks at stablecoins – what are they, how they work and why they’re a concern for regulators
- ICYMI: Klarna ecommerce giant launches web browser extension enabling buy-now-pay-later for online shoppers, generating one-time Visa ‘cards’
- Fintech Asia Summit 2022 set for January 20th, running virtually and looking at developments and trends industry-wide
- Four Pacific Island nations – Solomon Islands, Fiji, Tonga and Vanuatu – exploring issuing their own digital currencies, partnering Japan’s Soramitsu, firm behind Cambodia’s Bakong CBDC
- Asia’s tech news, issue 119: Beijing’s robotaxis, Japan’s digital currency trials, HelpPay fintech in Australia, Filipino startup success…
- Pakistan’s PostEx raises $7.1M seed round extension with fintech platform for e-commerce businesses, where 90% of the country’s online shopping is paid by post-delivery cash payments
EY: The winds of change – trends shaping India’s FinTech sector (pdf)
- India’s slice gains unicorn status with services and products including prepaid Visa card, virtual cards, BNPL and cash-backs
- ICYMI: A quick overview of the recent Hong Kong Fintech Week 2021 event
- A brief intro to the 7 startups that graduated from F10 Singapore’s Acceleration Batch II after completing the 3-month programme
- Philippines: A video intro to One Degree, fintech startup recently awarded $1M as part of the Google Impact Challenge Bay Area 2021 program
- Australia to create licensing framework for crypto exchanges, and to consider retail central bank digital currency, in biggest overhaul of payments industry in 25 years
- Indonesia: Flip secures $48M with wide range of fintech services, including focus on interbank transfers, the dominant payment method in the country’s digital economy
- Vietnam: Bizzi takes Digital Transformation Award 2021 from Swiss Chamber of Commerce and Industry in Singapore and Deloitte with accounts-payable automation systems
KPMG: Pulse Of Fintech H2 2021
- Malaysia: An intro to NeuXP, working with banks in selected markets to allow non-residents – overseas students, expats – to open and manage bank accounts via app
- Vietnam: Japan’s Netstars and local fintech Momo partner to push QR-driven non-cash payment services and digital merchant tools for grocery stores in Vietnam
- Philippines: A quick look at Investa, investment platform providing Filipinos with access to low-cost investment opportunities and financial benefits
- Fintech Asia Summit 2022 set for January 20th, running virtually and looking at developments and trends industry-wide
- Indonesia: An overview of digital banking developments in the country over 2021
- Hong Kong’s WeLab fintech unicorn raises $240M to buy Indonesia’s Bank Jasa Jakarta, aiming to launch digital bank for the country’s huge unbanked population
- A quick 101 guide to stablecoins and how they act as a bridge to the cryptocurrency economy
KPMG: Overview of Fintech Development in Central Asia
Asia’s tech news: Other editions
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