Angel, Fund of Funds, Venture Capital), Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Announced Date: Date the acquisition was announced, Acquirer Name: Name of the acquiring organization, Transaction Name: Auto-generated name of transaction (e.g. The solution helps retailers of all sizes with automated incentives... Ohme has launched the Ohme App, a free smart charging app for electric vehicles (EV). “Razer is the leading example of a non-finance startup jumping into the payments industry by utilizing its brand affinity and reach through its gaming peripherals with the millennials,” according to Jack Goldman, from ForexToStocks. Top Fintech Companies - Lemonade: Personal Finance, Consumers: $180 M: New York, New York: LendingHome: Lending, Investing, Consumers, Small Business One... Can the use of an AI-enabled voice coach improve your sales? Fractal Digital is a Singapore-based media company that owns, manages, and grows a portfolio of independent websites utilizing advanced search methodologies, and generating leads to private vendors through affiliate partnerships. Visa’s planned $5.3 billion acquisition of Plaid was a rare fintech exit that doubled the startup’s value in a year. It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. What's the most common final funding type when companies get acquired? Founded by Alvin Chow, with the vision to help retail investors to make better financial decisions. This is a solution for merchants wishing to lower transaction fees, aggregate... January has been a busy month for SAP. With $23.5 million secured for growth from the Mitsubishi UFJ Financial Group, the firm believes it can support small and mid-sized companies in the country. Namogoo, a provider of digital journey continuity platform, has launched an Intent-Based Promotions solution. With Tiger Brokers, Chinese investors can get their shares of State Street Corporation or other high-paying dividend stocks. At the end of June, there were 29 fintech unicorns — venture capital-backed private companies with valuations of at least $1 billion, according to CB Insights. Ping An Technology uses AI to develop specific financial platforms. A lack of megadeals in China accounted for the majority of the decline — with investors holding back given both the US-China trade tensions and the increasing regulatory focus being given to fintech and fintech companies by Beijing. Hong Kong is recognized as a leading […] The survey finds that fintech adoption throughout Europe, especially in countries such as the Netherlands, U.K., Germany, Sweden, and Switzerland, are well above the global average of 64%, and aren’t showing signs of slowing down any time soon. The company serves more than 730 million monthly users from its array of financial services: payment, fund transfer, money-market funds, and providing loans to small businesses and consumers where they would otherwise unable to obtain from traditional banks. One of its most recent developments is a dabble into blockchain technology, to allow AlipayHK and GCash to launch cross-bor… 34 Out 100 of The World’s Top Fintech Companies Are From Asia November 8, 2019. Asia is a major player in the FinTech startup industry. According to Mastercard, Southeast Asia and Indonesia have fast-growing Internet economies. Bowen Khong runs a Singapore-based digital marketing agency at Fractal Digital Pte. Deloitte has named Singapore the top global fintech hub tied with London, and China is now undoubtedly the country with the largest fintech … In the Asia-Pacific (APAC) region, the sector is witnessing a rapid boom, as […] 2020 was a tumultuous year for many reasons, but for Asia Fintech, there were some silver linings. It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. A definitive list of top funded fintech companies and startups in Asia In his opinion, digital banks are going to be the next trend in the Asian landscape. Home to more than 260 million people, most of which, unbanked, Indonesia has emerged as a prized market for fintech startups. This Ping An Group subsidiary offers diverse tools to its clients. In Hong Kong, DBS Customers Can Open Their Wealth Account Using Only Their Smartphone November 25, 2019. He is passionate about productivity, investing, thinking, and reading. Folio offers diverse investment options to meet everyone’s needs. Grab is currently valued at $14.3 billion after raising $200 million led by a South Korean private equity firm. What's the most common types of sub-organization? Indonesia’s top-funded fintech start-up Akulaku was founded in 2014 as a virtual credit card provider. Grab Pay allows users to make payments instore, car rides, deliveries and transfers as well as purchasing travel insurance and various investment products. Version 1.56 includes an updated Resource Management... EUR272.5 million of fines have been imposed for a wide range of infringements of EU’s data protection (GDPR) laws. Fintech companies in Asia Pacific received US$12.9 billion across 547 deals in 2019 An overview of key fintech investment trends and highlights in Asia Pacific in H2’2019. Sign up to our weekly newsletter. This is 16x the $140 million unaudited SaaS ARR... BiiLabs is a Taiwan-based startup. Today, iFast operates a leading fintech wealth management platform in Asia, with assets under administration (AUA) of about S$14.45 billion as at … In Singapore, payment companies accounted for the bulk of the funding, with cross-border payments startup Thunes leading the pack, said S&P Global's research analyst Celeste Goh. The startup aims to become a one-stop App to serve all South Korean financial needs. Southeast Asia … The company has been co-founded by Pramod Bhasin, founder of Genpact and former CEO of GE Capital India and Asia, and Anil Chawla, former CEO of GE Capital India and Asia’s Commercial Finance Business. Can your CIO keep up with digital transformation? In 2019, Grab partnered with Singapore telecommunication company Singtel for a digital banking licence in Singapore. By browsing this website, you agree to our use of cookies. Becoming the third most preferred fintech investment arena in the world and beating China as Asia’s most preferred, India doubled its Fintech fundings from $1.9 billion in 2017 to $3.7 billion in 2018. Without Tiger Brokers, they may not have access to these investments. Its mobile App, Toss, is a leading P2P money transfer service platform. The Card Group Pty Ltd acquired by Crypto.com, Singapore FinTech Festival x Singapore Week of Innovation & TeCHnology, Total number of organizations associated with this hub, Superset of Industries that define the hub, Where the hub is headquartered (e.g. Japan, San Francisco, Europe), Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Percentage of organizations in this hub that are non-profits, Total number of for-profit companies in this hub, Total number of non-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Since then there have been many players who have come and gone. Ant Group, previously known as Ant Financial and Alipay, is the financial arm of internet … The company has collaborated with organisations across Malaysia and Thailand to offer a superior experience. Ant Financial is the highest valued fintech company in the world operating the largest mobile and online payments platform, Alipay. Meet the 100 top-funded fintech companies in Asia The entire financial system could be due for an overhaul, and Asia is right in the center of it. This list of companies and startups in Southeast Asia in the fintech space provides data on their funding history, investment activities, and acquisition trends. The company was cofounded by Anthony Tan and Tan Hooi Ling, classmates during their Harvard MBA years. Fintech in Asia is booming. Insights about top trending companies, startups, investments and. FinTech is an amalgamation of finance and technology, and it is fast leading a new way to the future of the financial world. Enterprise Times – technology for your enterprise today and tomorrow. Here are the top 5 fintech software development companies that stand out in Vietnam. How much aggregate funding have these organizations raised over time? BiiLabs introduces blockchain-based payments for supporting digital currencies, SAP publishes new reports and unveils replenishment solution for retailers, NTT offers early warning system to SolarWinds clients, Shopify survey the costs of starting a US business, MoD sees 18% rise in incidents involving personal data loss. Users can access useful products like Software as a Service (SaaS). Insights about top trending. To date, the Fintech is valued at $1.5 billion and has raised $364 million since its inception. Ant Group, previously known as Ant Financial and Alipay, is the financial arm of internet giant Alibaba. Necessarily it is idiosyncratic and selective. #1 Akulaku. How has the popularity of this hub's companies trended over time? Top 5 VCs: FinTech Investments in Asia – Jan. to Aug. 2020. These FinTechs are listed in alphabetical order, prioritised with Australian FinTech members first. Indonesia’s top-funded fintech start-up Akulaku was founded in 2014 as a virtual credit card provider. Indonesia’s fintech industry is growing rapidly. It issues a … Before starting his company, he worked at Dr Wealth, a financial education company, as a Head of Digital Marketing, where he learned the ins and outs of the FinTech industry, and its implications to the end consumers. Since its launch in 2015, the mobile App has achieved an impressive growth of 49 million downloads, 17 million registered users, and over USD 10 billion transaction. OPEN – BANKOPEN: Asia’s First NEO Bank offered by India. Pulse of Fintech H2’19 – Asia Pacific … Fintech Laws and Regulations covering issues in The State of Fintech in Central Asia: How Kazakhstan Drives the Regional Fintech Industry of Fintech Regulation ... Bitfury Group, one of the top 50 most innovative fintech companies according to Forbes, is a participant in AIFC. PolicyBazaar, which is based in India, is the world’s largest online insurance aggregator. The Research undertaken by Shopify indicates the average US small business owner spends $40,000 in their first year of business. Which company in the region is … Charles Brett’s Blockchain Catch-up for Week 2. The company is listed at Hong Kong stock exchange with a market capitalisation of $201 billion as of writing. With HelloGold, investors can buy, save, and sell this precious metal. Prevent Senior, a major Brazilian healthcare company has selected Infor Cloverleaf.... NTT has built an early warning sensor to detect attacks related to the recent SolarWinds. Folio is a Japanese investment service that helps both beginners and seasoned investors. Can AI coach you to be a better sales person? As we enter 2020, it felt appropriate for us to showcase in 20 of Malaysia’s most promising fintech startups and companies. This was followed by a succesful IPO in March 2019 on the NASDAQ. These 4 mid-cap ASX fintech shares have … FinTech (Financial Technology) market in the Asia region is seeing a rapid growth Fintech is emerging as the fastest growing industry to facilitate the smoother delivery and application of financial services to customers across both private and public banking using advanced technologies. After the rapid success with their ride-hailing business, the company has expanded into finance and banking space. Subscribe to the most important Fintechnews in … India. What makes it more impressive is also the fact that China is home to the most valuable FinTech startup in … In 2016 alone investments into Asian Fintech companies reached over $ 11bn, and exceeded investments into the sector in the US and Europe, data from CB Insights shows. Asia is a major player in the FinTech startup industry. It was valued at $1.06 billion after an $80-million Series C round. #1 Akulaku. For a country like India that is thrust under the weight of its rural debt, fintech changes the game altogether as was seen through the government’s ‘Digital India ’ Campaign.. With over 400 companies including more than 200 start-ups, India is rapidly emerging as a fintech products hub. What's the investment trend over time for this hub? Fintech is easily one of the hottest emerging industries, providing consumers and businesses alike with financial technology services. East Asia isn’t the sole region producing Fintech startups. Below is a list of the top 50 fintech companies in Europe, based on their valuations. Investree Investree is an Indonesian peer-to-peer lending company that bets on Southeast Asia expansion. You have entered an incorrect email address! How are IPOs trending over time in this hub? Yu’e Bao money-market fund is the largest in the world, with over 588 million users from Alipay – representing one-third of China’s total population, according to The Wall Street Journal. Judo Bank, Airwallex and Afterpay are all in the top 50, but there are notable changes from 2018. Fintech Asia had last year identified the best Fintech professionals from all over Asia. Considering the pace of development, we bring you a list of 10 most trusted fintech companies in India that are riding high on the fintech wave. It discovered that as the speed of digital... Citrix has entered into a definitive agreement to acquire Wrike for $2.25 billion in cash. These are some of the top fintech companies in 2019. In Oct 2020, Ant Group entered the public equity market with the world’s largest IPO of $313 billion valuation and raised $34.5 billion, making it the highest-valued FinTech company in the world. Selected companies will participate in the FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage financial technology innovators accelerate … They were also rated as the Google Play Store “App of the Year” in 2016. The above are some of the fastest growing FinTech companies you should be aware of. Notify me of follow-up comments by email. This list of companies and startups in Asia in the fintech space provides data on their funding history, investment activities, and acquisition trends. For example, users can choose to invest in their favourite themes like “Restaurant Chains” or “Drones.”. September 21, 2020 In this View from the Top, companies Razer, Fintech Association of Malaysia and Wing outline their own 2020 experience. We are disrupting retail finance for over 2.2 billion people in the region. It is a whopping 217 pages long and takes some reading to get through. 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