Fintech Research

Apr

Singapore pushes ahead with fintech-driven sustainability

Singapore, a small island nation known for its robust economy and forward-thinking policies, has been making concerted efforts to promote sustainability and address environmental challenges in recent years. The appointment of Ravi Menon, the former Managing Director of the Monetary Authority of Singapore (MAS), as the new sustainability officer, is…

Apr

Fintech Research

Fintech sector in Pakistan faces mounting challenges

Despite having significant promise for fintech investment, with one of the world’s largest unbanked populations, Pakistan’s digital finance sector faces mounting challenges as the broader startup ecosystem is finding it hard to attract funding. In the 2023 fiscal year, fintech funding in Pakistan fell 80% to just US$20 million while…

Mar

Fintech Research

Sea hits profitability milestone

It’s been a long road to reach this point but Sea has finally done it: The Singapore-based company recorded its first full year of profitability in 2023. Net income was US$163 million, while revenue reached US$13 billion, up 5% from 2022. However, Sea owed its profitability more to its performance…

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