Financial Inclusion

TOTM Technologies pushes forward Indonesia's digital ID transformation
Contracts valued at approximately US$5.1m to be implemented by end of year US$250m contribution from World Bank to strengthen Indonesia's digital ID efforts
Paywatch, Visa sign MoU to promote financial inclusion among Asia’s workforce
Paywatch announced an MoU with Visa to promote financial inclusion among Asia's workforce. 
How this fintech is leading the charge for financial inclusion across Southeast Asia
 Advantage to Boost with its incumbency & proven capability to operate at scale Almost RM2 bil in loans disbursed to MSMEs across Malaysia and Indonesia
MTA-FAOM MoU explores fintech innovation, investment
MTA, FOAM signed MoU to spur the adoption of fintech and encourage digital innovation and the use of fintech among takaful players in Malaysia. 
Funding Societies bags US$50 mil credit facility with HSBC
Funding Societies has announced the signing of a US$50 mil credit facility with HSBC Singapore to continue expanding the firm’s reach to underserved SMEs in the region.
yufin announces small merchant sign-ups in Philippines
yufin announced it has signed over 2,500 merchant partners in Mindanao, Philippines since its launch in end-May this year.
Report highlights the role of fintech in bridging financial divides in Asia Pacific
Kuala Lumpur has made an impressive leap of 11 places to number 15 of the Top 20 Asia Fintech Hubs, according to Asia Pacific Fintech Rankings: Bridging Divides report.
Bringing relationships back with digital banking
Digital banks helm the responsibility of creating niche solutions Various national plans have specific focus on helping underserved
Funding Societies raises US$18mil debt from Japanese and Singaporean impact investors
AI-driven credit model proved resilience during pandemic On track to raise US$120mil in institutional debt for funding SEA’s SMEs  
Touch ‘n Go has a hit on its hands with GO+ crossing 1 mil users in 2 months
First initiative in the financial services sector well received GO+ balances can be used across all Touch ‘n Go eWallet payment use-cases
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Digerati50 2020-2021

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