All News and Announcements
Mongolia: IFC and Financial Regulatory Commission Join Hands to Develop Green Finance and Improve Access to Funding for Small & Medium Enterprises
The initiative aims to develop green financing, as well as improving access to financial products and services for the country’s micro, small and medium enterprises.
Coronavirus: How Cash-Mad Philippines Learned to Love Digital Money Thanks to COVID-19
Online payments have been slow to take off in the Philippines, where cash has long been king.
Singapore Offers More Grants to Help Fintech Firms Ride out Pandemic
The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.
SFA & Razer Team Up to Provide Relief to Fintech Firms
As the growing pandemic continues to plunder on, the Singapore Fintech Association (SFA) and Razer have teamed up to provide financial assistance to local Singaporean fintech companies.
Myanmar Govt Extends Temporary Suspension of Microfinance Operations to May 15
The temporary suspension of microfinance activities aligns with government efforts to prevent the spread of COVID-19 through mass gatherings and close contact.
Cambodian Workers Owe $10 Billion in Microfinance Debt as COVID-19 Wipes out Incomes
With many Cambodians out of work, COVID-19 is also throwing another problem into sharp relief: that of precariously high microfinance debt.
Hong Kong Alt-Lender Oriente Raises $50m as It Looks to Step up Efforts in a Highly Competitive Sector
Oriente will use the money to boost its growth in existing markets and further new developments in places like Vietnam.
Saudi G20 Presidency and the Bank for International Settlements Innovation Hub Invite Global Innovators to Find Solutions to the Most Pressing Financial Regulatory & Supervisory Challenges
TechSprint initiative will support the regulatory and supervisory responses against the COVID-19 pandemic.
Singapore Fintech Association and Razer Fintech Partnered to Support Singapore's Fintech Industry Amid the Pandemic
The partnership aims to address key issues facing the industry, including business continuity, lack of funding, and brand awareness.
China Takes Steps to Become First Cashless Society After COVID-19
As contactless payments become the norm amid the worldwide pandemic response, China rolled out its digital currency this month in four cities, setting it up to become the world’s first cashless society.