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3 days ago | 
fintechnews.hk | Annette Rowena
A recent Worldpay report indicated that the digital wallets Hong Kong has could dominate its payment landscape by 2030. It is, in fact, expected to account for 45% of all online transaction value and 48% of in-store payments. But for those tracking Hong Kong’s digital finance, this isn’t surprising.
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3 days ago | 
fintechnews.hk | Annette Rowena
The Hong Kong Monetary Authority (HKMA) announced the launch of the 2025 Green Fintech Competition on 9 May 2025. It is co-hosted with the Hong Kong Institute of Bankers. The competition is supported by the Institute of Sustainability and Technology, the Hong Kong Cyberport Management Company Limited, the Hong Kong Science and Technology Parks Corporation, and Invest Hong Kong.
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3 weeks ago | 
fintechnews.sg | Annette Rowena
The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money. From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. Out of the unicorns worldwide valued at a combined $4 trillion, a rising share are coming out of Asia’s fast-moving fintech ecosystem.
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1 month ago | 
fintechnews.sg | Annette Rowena
From bustling megacities to remote villages, digital finance is breaking down barriers, giving millions access to banking, credit, and investment opportunities for the first time. Nearly 96% of fintech companies are making financial inclusion a priority, proving that innovation is all about the people, not the tech; the driving force behind the fastest-growing Asia Pacific fintechs.
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1 month ago | 
fintechnews.sg | Annette Rowena
BNPL (Buy Now, Pay Later) burst onto the scene as a game-changer, transforming how consumers shop and pay over time. What started as a consumer-friendly alternative to traditional credit is becoming a more concrete financing solution in the digital payments ecosystem, particularly in emerging markets like BNPL regulation in Asia.
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1 month ago | 
fintechnews.my | Annette Rowena
Every year, Bank Negara Malaysia (BNM) shares its annual report, a detailed snapshot of our economy, financial policies, and how they shape life for us Malaysians. While the report is a treasure trove of insights, its 300+ pages of analysis might not fit into everyone’s busy schedule. We’ve distilled the essentials so you can stay informed without the deep dive. Here are five key takeaways from the BNM 2024 Annual Report related to your financial well-being.
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1 month ago | 
fintechnews.sg | Annette Rowena
Imagine a world where you never have to step into a physical bank again. No more long queues, no paperwork, and no outdated processes. In Asia, that future is already here. With the rapid rise of digital banking, millions are now managing their finances seamlessly from their smartphones. But with so many options available, which digital banks are truly leading the charge in 2025?
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1 month ago | 
fintechnews.my | Annette Rowena
Back when Bank Negara Malaysia (BNM) granted licenses to five digital banks, the goal was clear: enhance financial inclusion and innovate the nation’s banking landscape. Fast-forward to December 2024, and three banks are already serving customers, with two more underway. Close to 60% of GXBank, AEON Bank, and Boost Bank customers come from traditionally underserved segments, including low-income households and rural communities, according to BNM.
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1 month ago | 
fintechnews.my | Annette Rowena
For many Malaysians, private healthcare has long been a necessary yet costly safety net. But in 2024, medical inflation in Malaysia hit a new high of 15%, outpacing the global average of 10% and APAC’s 11%, Bank Negara Malaysia (BNM) reports. More than just a number, it’s a point of concern for many policyholders already struggling with rising insurance premiums, out-of-pocket costs, and the stark reality that medical coverage is slipping further out of reach.
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1 month ago | 
fintechnews.hk | Annette Rowena
Hong Kong’s fintech landscape has evolved into a dynamic force in Asia, driven by regulatory innovation, technological advancements, and a maturing digital finance ecosystem. Over the past decade, the city has transformed into a thriving fintech hub, balancing its deep financial heritage with cutting-edge digital solutions. At the heart of this evolution are the top fintech unicorns in Hong Kong.
