Fintech

Nearly half of Singapore’s population owns blockchain-based assets, while 93% of the population said they have heard of cryptocurrencies.

FinTech Connect Asia is the region’s ultimate fintech and payments summit.

While the BNPL payment method may boost e-commerce spending, it can also drive consumerism and potential debt among consumers.

Regulators have outlawed all crypto transactions and services in China, prompting shifts to destinations with friendlier rules.

In 2020, the fintech firm logged USD 14 billion in payment volume.

The startup’s revenue surged 150% in the first half of 2021.

Huabei is utilized by more than 200 million people and will be peeled off from the Alipay super app.

The company currently serves 800 enterprise clients, 100,000 merchants, and 20 million consumers worldwide.