Financial Inclusion

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
SME Corp partners Aspirasi to provide micro-financing for SMEs in Malaysia
Deal crucial for narrowing financial inclusion gap, embracing technology Syariah-compliant micro-financing, US$240 to US$4.8k with favourable terms
Ata Plus Welcomes 15% Strategic Acquisition From NASDAQ-listed GreenPro Capital Corp
As a registered RMO, Ata Plus may also operate a secondary market for ECF investors Able to fast track on becoming - in short to medium term, a regional fundraising platform
Telenor Myanmar, Experian partner to accelerate financial inclusion
Important step in a country where only 26% of its 53 million population have access to banking facilities.
Halofina aims to raise financial literacy in Indonesia
Personal financial planner app helps users manage finances and develop investment strategies.
Need a tertiary education loan? Call Dana Cita
Indonesian startup focuses solely on providing student loans.
Indonesia leads in financial inclusion progress: Global Findex 2017
Electronic money, branchless banking and digitisation of social benefit transfer, have brought new economic opportunities.
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Digerati50 2020-2021

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