Fintech Research

Mar

Akulaku eyes further Southeast Asia expansion

Ant Group-backed Akulaku is one of the more promising fintech startups to emerge from Indonesia in recent years. In mid-February, Akulaku secured a US$100 million strategic investment from Thailand’s Siam Commercial Bank, which followed a US$125 million investment in 2021 co-led by Hong Kong’s Silverhorn Group. Akulaku is now valued…

Feb

Fintech Research

Vietnam’s fintech sector heats up

Vietnam is one of the last major markets in the Asean region where fintech remains at a relatively nascent stage. The payments segment accounts for the lion’s share of fintech investment, a whopping 93% as of late 2021, according to Statista. There have been several key investments in that segment…

Nov

Fintech Research

Fintech funding booms in India

China’s fintech apex was probably in the mid-2010s, before the crypto crackdown. Since then, it has been a long downhill ride. Investors finally figured that out this year amid a broader crackdown on the tech sector that has clipped the wings of the country’s largest fintechs. But China’s loss is…

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