Southeast Asia Will See Financial Services Revenue Triple By 2025
Digital financial services currently bring in $11 billion in revenue in Southeast Asia — and this is expected to grow over threefold to $38 billion and account for 11% of total financial services revenue by 2025.
Southeast Asia's Mobile Payments Face Shakeout As Market Booms
The wallets, which hope to take advantage of Vietnam’s plan to become a cashless economy by 2027, compete fiercely to gain many users to help them to turn a profit, a battle for market share replicated across Southeast Asia.
Southeast Asia’s Internet Economy On Track To Exceed $100B This Year
Southeast Asia would one of the world’s fastest-growing areas for online commerce thanks to a youthful population increasingly comfortable with smartphones.
Deep Tech Startups Struggle To Raise Funds Despite SE Asian VC Rush
Southeast Asia is awash with venture money. But if there is capital to be deployed, deep tech startups are seeing little of it.
PE Majors Are Crossing Over Into VC Territory
Fuelled by a growing middle class and a vibrant internet economy, Southeast Asia’s growth story has so far lured private equity investors aplenty.
Warburg Pincus Announces New $4.25B Fund For China-Southeast Asia
What’s particularly interesting about the new fund is that it has expanded to include Southeast Asia, where internet adoption is rapidly expanding among 600 million consumers, for the first time.
Singapore's Grab Raises $1.5B From SoftBank
Leading Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp’s Vision Fund, bankrolling its effort to expand into new services across the region.
South Asian VC Funds Raise $15B In A Decade
South Asia-based venture capital funds raised a whopping $15 billion in the past decade, marking the highest amount raised by any emerging region from 2008 till date, said a recent Preqin report.
Possible Record Year in Asia for Venture Capital Investments
In the first six months of this year, $2.75 billion was invested in 218 deals throughout emerging Asia, putting the industry on track to pass a five year peak of $2.85 billion invested in 2011, accor...
How Much Will Blackstone Invest in Arkkan Capital Management?
Arkkan will focus on Asia, but will be permitted to invest globally. The new firm is based in Hong Kong....