MoMo’s chairman explains why Vietnam’s first national champion could be a fintech player as countries wake up to the implications of letting foreign companies take strategic stakes in their leading e-payment providers.
Grab wants to build a cashless economy across 10 Asean countries. Reuben Lai, the head of financial services at the ride-hailing firm, lays out his roadmap for FinanceAsia readers.
China's fintech leaders are expanding across Asia into payments based on QR code technology. This push poses a threat to users' privacy across the region and represents a risk for investors.
Challenges include developing risk-management skills as well as rising consumer awareness of data privacy. Overcoming these might take more than a zero mark-up on FX transactions.
The ride-hailing app says its low default rate is a result of the credit profiles it has built on its drivers. No wonder it is expanding in lending and insurance.