Ant Group
Second digital bank starts operations in Singapore
A new digital bank has started operations in Singapore after receiving approval from the Monetary Authority of Singapore (MAS) to commence business on June...
Thailand’s SCB invests $100 million in Indonesian online lender
Siam Commercial Bank (SCB), Thailand’s fourth-largest bank by assets, on February 15 announced that it is investing $100 million in Indonesian fintech startup Akulaku,...
Thailand finally got its first fintech unicorn
Thai fintech startup Ascend Money, whose investors include Alibaba affiliate Ant Group and Thailand’s privately-owned conglomerate Charoen Pokphand Group, after a recent financing round...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...