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Indonesia and Singapore Implement QR Linkage Payment

Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.

Republic ofAyman falak medinareadingAsia msmesSingapore monetary authority ofBank indonesiaEuropean union eu single payments areaSingapore implementAyman falak medinareading timeMonetary authorityEconomic commerceSoutheast asianSoutheast asiaPolicy frameworkEuropean unionSingle european payments area

Indonesia and Thailand Implement QR Payment Linkage

Indonesia and Thailand have implemented a cross-border QR payment linkage, which could support greater financial inclusion in Southeast Asia.

Republic ofAsia msmesBank indonesiaSoutheast asiaQuick response code indonesian standardFor singaporeEconomic commerceSoutheast asian

Southeast Asia s SME Fintech App Zaapi Acquires $4M via Seed Round

Southeast Asia s SME Fintech App Zaapi Acquires $4M via Seed Round
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Asia msmesLorenzo franziAsmita aggarwalExa networkFlourish venturesKaya foundersSoutheast asiaSoutheast asianGlobal investments advisor

Modalku Bags Over 2 Trillion Rupiah in Series C+ Round, Entering the Neobank Market

Modalku Group announces $144 million Series C+ funding round led by Softbank Vision Fund 2

Republic ofUnited statesAsia msmesArthur adisusantoReynold wijayaSoftbank vision fundModalku groupAsian development bankRapyd venturesIndies capitalAscend vietnam venturesSequoia capital indiaSoutheast asiaFunding societie co founderBank investment adviser managing partnerGreg moon

New Report by Funding Societies Assesses Digital Lender Impact on Southeast Asian MSMEs

In Southeast Asia, micro, small and medium-sized enterprises (MSMEs) are the backbone of the economy, making up for 97%-99% of the region’s total enterprises and contributing between 52% and 97% of total employment. Yet, despite their centrality to national economies, MSMEs still face major barriers to obtaining the financing necessary to maintain and growth their businesses, according to a new report by SME digital financing platform Funding Societies.

Asia msmesAssociation of southeast asia nationsSoutheast asiaSoutheast asia nationsFunding societiesFunding societies linkedEconomic impactSocietie green microloans

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