Tag: Asia-Pacific

FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%. 

The evolution of embedded and increased accessibility of B2B payments orchestration are two of the biggest trends Currencycloud sees in the Asia-Pacific region for 2023.

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.

Despite being slow to join the party, the Asia-Pacific challenger bank sector could be up for a massive growth in the next five years.

Europe is expected to lead the growth of the mobile point-of-sales (mPOS) terminals market as it climbs more than 30 times over in the next seven years.

UK-based FinTech startup Upgrade Pack aims to spread its wings and expand across the Asia-Pacific even more after raising over £5m in a new funding round.

Vectra, a network threat detection and response platform, has launched operations in the Asia Pacific region, months after Series E round close.

The ASEAN Financial Innovation Network (AFIN) has launched the API Exchange (APIX), an online global FinTech marketplace and sandbox for financial institutions.

Cybersecurity platform Attivo Networks has received a new strategic investment from Singtel Innov8.

Hong Kong-based Trend Lab has passed the unicorn mark, following the close of a HK $100m ($12.7m) angel round.