Asia Banking Research

Jul

Why has Kakao been successful as a fintech?

Many of the world’s preeminent platform companies have tried to reinvent themselves as fintechs. Outside of China, South Korea’s Kakao is the only one that is an undisputed success. Kakao boasts South Korea’s largest e-wallet, with 36 million users, and leading digital bank. Both will go public in Korea in…

Jul

Asia Banking Research

Fly the super app skies with AirAsia

Just about every major tech company now wants to be a fintech, super app or both. What makes AirAsia different is that its core service has nothing to do with the internet or banking. Indeed, AirAsia is an airline that happens to have a digital services arm. The Malaysia-based firm…

Jul

Asia Banking Research

Voyager, RCBC plan to launch digital banks in the Philippines

In both Singapore and Hong Kong, digital banks are nice to have. In Malaysia, whose digital banking application period ended on June 30, the need for digibanks is somewhat greater. But in the Philippines, where 71 million adults remain unbanked and 1/3 of municipalities lack a banking presence, the need…

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