A working tracker of who owns mobile payments across fifteen Asian markets. Alipay and WeChat Pay in China, UPI in India, GCash in the Philippines, and a region-specific stack everywhere else.
A super app is a single mobile application that bundles multiple services — rides, deliveries, payments, lending, shopping, entertainment — into one platform. The concept barely exists in the West, … Read more
Asian financial institutions are leading global enterprise AI adoption, with the sector representing the most mature deployment of artificial intelligence across the region. DBS Bank in Singapore creates an estimated … Read more
Digital wallets, account-to-account payments and buy-now-pay-later services are changing how Southeast Asian consumers pay online. However, payment preferences differ substantially by market, and cash on delivery remains part of the … Read more
Everyone loves the UPI story. And why wouldn’t they? A country that had 190 million unbanked adults a decade ago now runs the world’s largest real-time payments network. The Unified … Read more
In the space of a single decade, India built the world’s largest real-time payments network, enrolled 1.34 billion citizens in a biometric identity system, and created an open-finance data-sharing framework … Read more
The first three quarters of 2020 saw APAC fintechs raise a combined $3.9 billion, down 46% compared to the same period last year, while deal volume fell by 20.5% to … Read more
Rely, a Singapore fintech company that provides shoppers with an interest-free ‘Buy Now Pay Later’ service for online retail, recently announced a seven-figure Pre-Series A funding round led by Goldbell … Read more
Since the creation of Bitcoin in 2009, cryptocurrency has been touted as the future of banking, payments and financial services. And the future of every other global industry obviously. Sometimes … Read more
The DIA Briefing
Asia’s digital markets, every other week. Free.