By Emma Dunkley for ft.com
Starling Bank has recruited a former regulator and a number of industry heavyweights for its board while raising $70m to spearhead its attempt to move into the UK banking market. (more…)
by Maricel Burgonio for Manila Bulletin,
China Bank Savings (CBS) has partnered with PLDT unit Voyager Innovations to service loans through Lendr, the country’s first online marketplace platform for consumer loans. (more…)
By Shiwen Yap for Dealstreetasia.com,
Mobile payment is set to become a viable everyday tool over the next few years (more…)
Malayan Banking Bhd (Maybank) has teamed up with Malaysian Global Innovation and Creativity Centre (MaGIC) to boost start-ups in the financial services industry in ASEAN.
In a statement today, Maybank said it would leverage on MaGIC’s expertise, regional reach and resources to nurture local and regional start-ups. (more…)
Southeast Asia’s leading lender DBS Friday committed S$10 million ($7.1 million) for Singapore’s startup ecosystem over the next five years, and a bulk of this amount is slated to go into programmes run by the bank such as its partnerships with local accelerators and incubators.
Vladislav Solodkiy, Managing Partner, Life.SREDA VC:
These days many countries are talking about the importance of innovations in the financial sector. Many of those are claiming that they will soon become the first to go completely cashless. They may be saying so, but what if they don’t really know how to do it? (more…)
Vladislav Solodkiy, Managing Partner, Life.SREDA VC
“Innovator’s Dilemma”: are the banks capable of making innovations by themselves? (more…)