Tagged: e-wallet

MoMo $200M Series E Propels it to Unicorn Status

Unicorn Rising

Vietnamese e-wallet MoMo said today it has raised $200 million in its Series E funding round. Its $2.27 billion evaluation places it firmly in the unicorn club. Japanese bank Mizuho led the round by providing $170 million for a 7.5 per cent stake in the… Read More

GCash Introduces Online Shopping Protection with Southeast Asian Insurtech Firm Igloo

Gcash Mynt Philippines

Philippines’ digital wallet provider GCash has introduced an online shopping insurance option – underwritten by PGA Sompo – with Singapore-based Insurtech Igloo, in order to protect its growing online client base. As mentioned in a release shared with CI, this launch and partnership come at… Read More

Insurtech: Axiata Digital’s E-Wallet Boost Expands Insurance Offering with Auto Insurance CarProtect Product

alex knight Insurtech

Axiata Digital’s digital wallet Boost revealed earlier this week that it has further expanded its insurance offerings with the introduction of automobile insurance, called “CarProtect,” which has been underwritten by Great Eastern General Insurance (Malaysia) Berhad. The digital wallet provider stated that CarProtect provides clients… Read More

Indonesian Digital Wallet Provider OVO Introduces Shariah Compliant Mutual Fund Product

Indonesia Money

Indonesia’s digital wallet provider OVO has introduced a Shariah-compliant mutual fund product, which reportedly offers a fairly low buy-in for a product of its kind (less than $1). It lets investors instantly cash out their funds in real-time. The Syariah Syailendra OVO Bareksa Tunai Likuid… Read More

Axiata Digital’s Online Wallet Boost Now Offering New Micro-Insurance and Takaful Plans for Consumers in Malaysia

Kuala Lumpur Malaysia danica tanjutco unsplash

Axiata Digital’s online wallet Boost has reportedly launched three new micro-insurance and takaful plans under the name “Boost Protect” in order to provide consumers in Malaysia with affordable and premium coverage. The addition of MozzieProtect, FamilyProtect, and Critical Illness Care brings the total coverage plans… Read More

Vietnam’s Digital Wallet MoMo Acquires $100 Million in Capital via Series D Round led by Goodwater, Warburg Fincus

Hanoi Vietnam florian wehde unsplash

Vietnam’s digital wallet provider MoMo reveals that it has secured $100 million in capital via its Series D funding round, which was co-led by Goodwater, a Silicon Valley-based fund, and Warburg Pincus. New investors also made contributions to MoMo’s investment round, including Kora Management and… Read More

Fintech Firms in Indonesia Attracted Substantial Funding throughout 2020 Along with Digital Commerce and SaaS Platforms: Report

Coronavirus COVID 19 a

Indonesia-based Fintech platforms and services have continued to receive substantial investments despite the COVID outbreak. These Fintechs have acquired a significant portion of the total funds invested in Indonesian startups throughout 2020. According to reports, Fintechs in the country have acquired more capital than software-as-a-service… Read More

Indonesian Tech Giant Gojek’s Digital Wallet GoPay Introduces Gold Investments via GoInvestasi through Partnership with Fintech Pluang

Gojek GoPay

Indonesian tech giant Gojek’s electronic wallet GoPay has introduced a gold-investment feature, GoInvestasi, through a partnership with investment Fintech firm Pluang. Budi Gandasoebrata, MD at GoPay, noted that the rising demand for making investments via digital wallets had led to GoPay providing the new investment… Read More

JPMorgan Chase Develops e-Wallet Product for Large Tech Firms Airbnb, Lyft, Amazon

Wallet Money Global Euros Dollars

New York-based JPMorgan Chase (NYSE:JPM), a multinational investment bank and financial services holding company with $2.7 trillion in assets, has created an e-Wallet product for large tech firms such as Airbnb, Lyft, and Amazon.  The new online wallet will allow users to open virtual accounts… Read More

Gamer Platform Razer Launches E-Wallet Service in Malaysia

Razer 2

Gamer platform Razer announced earlier this week it is launching its Razer Pay e-wallet in Malaysia, with making its global debut in Kuala Lumpur. The launch is reportedly made possible through Razer’s partnership with the Berjaya Corporation Berhad. Founded in 2005, Razer claims to be the… Read More

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