Insight

Mar

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…

Mar

Asia Banking Research

Singapore redoubles its efforts against financial crime

Singapore has been battling a surge in financial crime since the coronavirus pandemic, with 2023 being notable as the city-state dealt with its largest ever money laundering case. The investigation is ongoing and thus far authorities have seized more than US$2.2 billion. However, more mundane types of financial crime continue…

Mar

India Payments Research

Post-Payments Bank Paytm starts to take shape

It increasingly appears that India’s fintech unicorn Paytm has a way forward from the regulatory pressure it is facing, but the company will have to part ways with its payments bank and restructure accordingly. To that end, India’s Financial Intelligence Unit (FIU) on March 1 imposed a penalty of 54.9…

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Insight

Sea hits profitability milestone

Singapore redoubles its efforts against financial crime

Post-Payments Bank Paytm starts to take shape

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Insight

Insight

Sea hits profitability milestone

Singapore redoubles its efforts against financial crime

Post-Payments Bank Paytm starts to take shape

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