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Large capacity hard drives are virtually out of stock in Vietnam because of a cryptocurrency mining craze in China. Customers and market observers say local people have been buying large-capacity hard drives in bulk and reselling them to the Chinese amidst a…
This expansion to the startup’s fourth market comes after more than a year of working with Thai regulators and planning for market entry. Singapore-based Funding Societies, Southeast Asia’s largest SME digital financing platform, has rolled out its platform…
With OCBC enabling peer-to-peer (P2P) fund transfers on Google Pay, the city-state becomes the third globally to offer the service, after India and the United States. The integration means that OCBC customers can now transfer or receive payments directly from…
South Korean fintech unicorn, Viva Republica, raised $64 million for its financial service platform Toss pushing the firm’s total value to $2.2 billion. The Seoul-based fintech has raised a total of $250 million, including $80 million in the December round,…
Juniper Research is forecasting that total operator revenues from A2P (Application-to-Person) messaging services will reach $62 billion by 2023, up from $43 billion in 2019. This represents a growth of 42% over the next 4 years. The research firm also claimed…
Modalku, an Indonesia-based peer-to-peer lending fintech startup, announced this week it is now fully registered with the Otoritas Jasa Keuangan (OJK). Founded in 2016, Modalku describes itself as an online marketplace for small businesses to acquire loans…
Leading Myanmar retail bank rolling out cardless cash withdrawal and P2P payment services with advanced technology from Diebold Nixdorf. Co-Operative Bank Limited (CB Bank) in Myanmar has awarded Diebold Nixdorf an extensive contract for systems, software and…
Online video piracy is alive and well in 2016, but the threat landscape has shifted from straight conditional access (CA) technology and P2P file-sharing to illegal OTT set-top-boxes (STBs) that connect users to sites that look like professional OTT service…
