Why Mobile Financial Services Matter for Myanmar

By Brad Jones I have been living in Myanmar now for the best part of nine months in my role as Chief Executive Officer of Digital Money Myanmar. Digital Money Myanmar is a joint venture that has been established by Telenor, one of the world’s largest mobile operators with 189 million mobile subscribers, and Yoma Bank, a financial institution that […]

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August P2P deals near RMB100 billion

10 September 2015 According to P2P experts, the P2P deals in August 2015 have totalled to RMB 975.63 hundred million, an increase of 18.12% from 825.09 million in July. In comparison to the year before, we have seen a 3.9 times increase from 250.14 million. Aggregating the deals within the P2P industry in China, we see a historical figure of […]

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Fintech Asia Forum: Opportunities in Asia

By Vince Wong FINTECH ASIA FORUM: OPPORTUNITIES IN ASIA Singapore, 28th August – The Working Capitol on the corner of Keong Saik Road is normally a place abuzz with the creative energy of startups. But on the last Friday of August, the place was abuzz with a different kind of energy altogether – being the location for the first-ever FinTech […]

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Why FinTech is Like iTunes

By Vince Wong To understand why FinTech is called ‘disruptive’, it is instructive to draw lessons from the similarity of financial services to the business of making, selling and buying music. Once upon a time, the products created by musicians could only be distributed on physical media, such as 8 tracks, vinyl records, cassette tapes and then compact discs, or […]

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Alibaba Arm’s ‘Fortune’ App Helps Rookie Chinese Buy Funds

By Bloomberg News 18 August 2015 Alibaba Group Holding Ltd.’s finance affiliate unveiled a wealth-management app on Tuesday to help less well-heeled Chinese buy into hundreds of funds and track stocks from Hong Kong to the Nasdaq off their smartphones. Ant Fortune complements the PayPal-like Alipay and other services proffered by Zhejiang Ant Small & Micro Financial Services Group, a […]

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