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43 New Challenger Banks Have Entered the Market This Year

Over the past year, 43 new digital challenger banks have been launched around the world, bringing the total number of players to 291, data acquired by Finbold, a platform that covers news on finance, cryptocurrencies and fintech, show. The figure represents a 17.11% increase from October 2021’s 248 digital challenger banks.

United statesUnited kingdomRepublic ofSoutheast asian digital bank licensing landscapeBe groupStock commercial bankBank jagoTonik bankBank neo commerceTotal numberDigital challenger banks worldwideEuropean economic areaNorth americaMiddle eastSoutheast asianAsian digital bank licensing landscape

Many Indonesian digital lenders swing to profit zone but is the trend sustainable?

Many Indonesian digital lenders swing to profit zone but is the trend sustainable?
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Bank rayaAllo bankBank jagoBank neo commerce

Akulaku-backed Bank Neo Commerce posts a profit in Q3

However, first-quarter losses weighed on the company's nine-month performance.

Neo emasHans kweeTjandra gunawanAnugerah mega investamaChina alibaba groupBank jagoBank neo commerceAlibaba groupNeo wishNeo loanNeo commerce

Indonesia s Ayoconnect raises $13M Series B+ led by SIG Venture Capital

Ayoconnect, an Indonesia-based open finance platform, has closed $13 million for its Series B+ financing round led by SIG Venture Capital with participation from CE Innovation Capital.

Jawa tengahVijay agichaAyoconnect apisAkshay bajajJakob rostIndonesia bi payment service providerBank neo commerceBank syariah indonesiaTiger globalChief executive officerPayment service providerSoutheast asiaGlobal head

Open finance startup Ayoconnect s APIs enable financial inclusion in Southeast Asia

Ayoconnect is currently working toward more financial inclusion for Indonesian consumers and SMEs.

Jawa tengahAyoconnect apisAkshay bajajJakob rostIndonesia bi payment service provider categoryBank neo commerceBank syariahBank syariah indonesiaSoutheast asiaTiger globalPayment service provider categoryApi indonesiaSoutheast asian

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