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Top seven cryptocurrencies by market capitalization

The seven cryptocurrencies have a combined market capitalization of 48 billion U.S dollars, which remains peanuts for currency.

These coins are mostly preferred because one can use them to buy goods and services anonymously. They are thus commonly used in illegal...…

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Fintech's Coming to Trounce India's Banks

Whilst Paytm announced a $1.4 billion investment by SoftBank, McKinsey reported that India's banks, which still dominate the country's...

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Surrey, UK based mortgage robo advisor MortgageGym has raised £2m in Series Seed funding

UK proptech disruption is full swing! Another Mortgage Advisory disruptor. 

The FCA-authorised service, which is set to change the nature of mortgage advice in the UK, will allow homebuyers to complete their...…

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Blockchain startup Coins nabs $5Mn to focus on regional growth

Coins.ph allows the people to access financial and crypto currency services from their mobile device. 

Phillippines-based Coins has secured $5 million from Naspers through its Naspers Ventures division. This round brings the total amount...…

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New York based insurance marketplace PolicyGenius has raised $30m in Series C funding led by Norwest

PolicyGenius has built a marketplace for consumers who want to evaluate multiple insurance carriers and policies all in one place. People...

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The future of insurance is InsurTech

Nice overview and great to see our portfolio companies on the map!

The insurance sector has entered a phase of profound transformation. Numerous Insurtech startups—around 1,000 according to Venture...…

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Alipay moves into local currency payments in Hong Kong

Alipay announced the launch of 'AlipayHK', a HK-dollar account balance service, in October 2016 allowing users to top up their account in...

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KPMG Project Nearly 50% Decline in OEM Collision Repair Parts Business by 2030

Good news for insurance is less claims...bad news is likely also less premiums...

According to report, autonomous vehicles and crash avoidance technologies will shrink collision repair volume. According to a new...…

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Online Lending Startup Earnest Said to Look for a Buyer

With securitization efforts being put on hold, the A16z backed startup is now looking for a buyer at ~$100m after struggling to raise new...

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Taralite Raises US$6.3M in Funding

Jakarta, Indonesia based P2P lending platform Taralite has secured $6.3m in venture funding from SBI Group. Launched in 2015 and led by...

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Ex-Tandem CTO onboard for Dubai-based digital bank

Ex-Tandem man James Greenwood is working with ex-Abu Dhabi Commercial Bank and Barclays staffer Mike Cunningham and former Deutsche Bank...

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Paytm to open new Payments Bank next week

Taking on traditional lenders, the new players are able to take deposits of up to Rs 1 lakh, issue debit and ATM cards, and facilitate...

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China central bank sets up fintech committee

China has emerged as a leading fintech player, with banks joined by huge internet players such as Alibaba and Tencent, pumping billions...

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SoFi plans to apply for a bank charter in the next month

With an eye on providing banking services later this year, online lending startup SoFi is planning to apply for an industrial bank...

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Indonesian P2P lending platform Taralite raises US$6.3M, aims to build "world class" R&D team

Jakarta-based P2P lending platform Taralite today announced that it has a raised a funding round from Japanese fintech conglomerate SBI...

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RegTech In Asia: 8 Things You Need To Know

1. What is RegTech?

RegTech, short for regulatory technology, is the use of new technologies to address compliance and regulatory...

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Card networks bring standardised QR codes to Thailand

Intended to be implemented by banks and merchants across Thailand by the third quarter of 2017, the new standard will mean that consumers...

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Macau to implement facial recognition at ATMs

As the only Chinese region to permit gambling, the island has become a haven for criminals and tax dodgers seeking to launder their cash,...

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Pulse Cashflow Completes £14M Financing Deal UK

Basingstoke, UK based invoice finance and credit management specialist Pulse Cashflow Finance has received a £14m financing facility from...

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Ant Financial’s Great Mobile Payments Race

PYMNTS.com chronicles the rise of Ant Financial from a small online lender to Chinese SMBs (Alipay) to a global interoperable financial...

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Morty launches fully-automated mortgage marketplace, allows homebuyers to shop, compare and close

The platform will allow homebuyers to shop, compare, and close any loan option from its network of lenders. The team will initially...

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How Banks Can Compete Against an Army of Fintech Startups

The Harvard Business Review explores how this might all play out by exploring the glacial pace at which banks have moved SME lending...

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Palo Alto based online insurance platform Next Insurance has raised $29m in Series A funding led by

Next Insurance says that it creates a “direct link” with targeted small business owners and focuses on specific industries, such as “yoga...

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Aussie Fintech Gets Chinese Funds

Melbourne based Airwallex, which is building a new foreign exchange payment network, raised funding from the world’s fourth-biggest 

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Fintech Trends in Emerging Markets

It’s an important innovative tool in ensuring financial inclusion. Unbanked people account for a third of the world population and are...

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Singapore rolls out document-free account opening pilot

The MyInfo service is being led by the Island's Smart Nation and Digital Government Office (SNDGO) and Government Technology Agency...

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FinTech Trends in Taiwan

Taiwan has one of the most vibrant entrepreneurial ecosystems in Asia, ranked 6th in the world.1 Vast expertise in manufacturing, ICT...

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Tencent and Mastercard join $13m Airwallex funding round

Sequoia Capital Chain also participated in the round, which comes on top of a $3 million raise last year.

Targeted at businesses rather...

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Funding to Asian Fintechs Declines

The Pulse of Fintech – KPMG International’s quarterly report on fintech investment details the global breakdown of financial technology...

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Emirates NBD integrates blockchain tech into cheques

The first stage of the 'Cheque Chain' initiative will see bank employees pilot the use of cheques with QR codes designed to make them...

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