TNB AURA’s Post

Nobody cares what you are building! But they do about this 👇 The problem you are solving and the vision behind it. I was fortunate to meet Antonio Separovic, CEO of Oradian - A cloud-based Core banking solution for emerging markets. What was initially a quick coffee catchup in Jakarta before catching my flights turned into a long breakfast and deep conversation. He shared his years of experience enabling emerging markets worldwide to adopt core banking solutions and impact millions with financial inclusion. I boarded the flight reflecting on the conversation with him, and here is my takeaway. ❤️ Your startup's vision and impact is like a magnet. It attracts the right people at the right time. So, focus on the problem and not on the solution 😊 Founder journey is a hard sport. You are not alone, and you need to take care of yourselves 💰Startup isn't about just raising capital and being a poster kid in the block. It is about building a purpose-driven venture to impact people's lives 🏃🏻♂️Big problems take resilience, consistency and persistence to solve. It also takes time to solve. I was fortunate to meet Antonio Separovic and share a meal. Thanks, Antonio for sharing your time My tip to others 👉🏻 Take opportunities not just to meet potential customers and investors but also ecosystem experts and other founders. There is a ton of value in these conversations. #indonesia #fintech #gigeconomy #corebanking #gigworkers #financialservices #startup #founderjourney

💡 Indonesia's large, digital savvy and underbanked population has driven a huge rise in innovative #fintech start-ups revolutionizing the local landscape in recent years.   🔍 Despite market headwinds in 2023, we are bullish on the next wave of resilient and savvy frontrunners in the space, successfully navigating the intricacies of fragmented regional markets with new innovative offerings. Read the insights in our latest piece by Elis and Neil.

The ever-evolving world of the digital banking space, GoTyme, part of the TymeBank Group, is set to expand its operations into Vietnam and Indonesia this year. Following successful ventures in South Africa and the Philippines, this expansion marks a significant step in their journey. CEO Coenraad Jonker revealed these strategic moves, highlighting the bank’s commitment to making financial services more accessible. GoTyme’s unique ‘phygital’ approach, blending digital and physical presences, has been instrumental in reducing customer acquisition costs.   Resource: https://shorter.me/QqGxq ________ #SoutheastAsia #AsiaPacific #Technology #DigitalBanking #PrivateCapital #StrategicPartnerships #Growth

💵 Funding News: 🗓️ News Month: October, 2024 🌟 HATA Raises $4.2M to Bridge Finance and Digital Assets in Asia Pacific! 🌟 Kuala Lumpur-based Hata, a leading digital asset brokerage and exchange, has closed a $4.2M Seed funding round to revolutionize access to digital assets in the Asia Pacific region. 🚀 Key Highlights: Funding Round 💰: 🔸Led by Castle Island Ventures and Cadenza Ventures. 🔹Supported by Bybit, AP Capital, Plug and Play Tech Center, and Alliance.xyz. Growth Plans 📈: 🔸Expand into new products. 🔹Drive user acquisition across Asia. What Makes Hata Unique? 🔸Dual-Licensed: Regulated by both the Securities Commission Malaysia and the Labuan Financial Services Authority, ensuring safety and compliance. 🔹Seamless Access: Buy, sell, and access digital assets using fiat currencies like the US Dollar and Malaysian Ringgit. Leadership Team 🧑💻: 🚀 David Low, CEO 🚀 KK Chong, CTO 🚀 Darien Ng, CRO Hata previously raised MYR 3M in pre-seed funding from prominent fintech investors like 1337 Ventures and Raja Hamzah. The future of digital assets in Asia starts here! 🌐 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!

Singapore launches project to promote fintech firm expansion into Malaysia: Singapore launches project to promote fintech firm expansion into Malaysia ... With the support of Artem Ventures and OSKVI, Project Tapir will start in ...

#TLDR The Asian fintech industry has proven to be one of the most resilient globally amid the downturn. ➡️ The global fintech funding declined 28% y-o-y to US$39.6 billion in 9M 2024, per a recent report by PwC,  UOB, and the Singapore FinTech Association (SFA). ➡️ It fell by more than 35% in North America and Europe over the last year due to inflation and geopolitical concerns. ➡️ Meanwhile, ASEAN-6—Singapore, Indonesia, Malaysia, Thailand, Vietnam, and The Phillippines—saw a marginal drop of 1% y-o-y in fintech investments. ➡️ This underscores the region’s resilience and stability.  Key fintech funding highlights in Southeast Asia: ➡️ In 9M 2024, Southeast Asian fintech startups raised US$1.4 billion in funding. ➡️ Early-stage investments (pre-seed to Series B) made up more than 60% of total fintech funding in the region. ➡️ Interestingly, it included two large Series A funding rounds— GuildFi (US$140 million) and Longbridge (US$100 million). ➡️ This shows investors are willing to invest in innovation at the foundational level, potentially due to the promise of future returns. ➡️ Wealthtech saw a rise in investor interest. In 9M 2024, wealthtech startups closed 41 deals, surpassing both the lending and e-payments sectors, per data by DealStreetAsia. ➡️ Singapore attracted US$745 million or over half of ASEAN’s total fintech funding and the highest number of deals in the 9M 2024. ➡️ Thailand ranked second, surpassing Indonesia, with US$341 million. ➡️ Overall, ASEAN fintech funding has surged over tenfold since 2015. ➡️ The next phase of the regional fintech growth will be driven by the combination of emerging technologies—blockchain, Gen AI, and quantum computing. 🗞 Read more about this in our latest edition of #ICYMI: https://lnkd.in/gknTuKhP 💲 What trends in the SEA investor ecosystem have caught your eye ?? PS: Like our quick bytes? Follow us for more updates like this. #venturecapital #entrepreneurship #investment #APAC

Empowering MSMEs in Indonesia! 🌏 Since 2017, Finfra has been changing financial access for MSMEs through DanaBijak—bringing financing solutions to the heart of Indonesia’s small business ecosystem. 🚀 With 30 million MSMEs set to be digitised by 2025, the future of financial inclusion is brighter than ever. Curious about how fintech is shaping the nation's economy? 🎥 Watch the full story on CNBC Indonesia's Profit program here: https://bit.ly/491LC2w

Indonesia's fintech sector has experienced exponential growth, expanding six-fold from 51 active entities in 2011 to 330 by 2023. This surge reflects our nation's commitment to embracing digital solutions, which not only enhance financial accessibility but also pave the way for innovative opportunities across various sectors. Such growth is instrumental in shaping our economy's future, fostering an environment where technology and finance converge to empower every Indonesian. So, how many Fintechs will emerge in Indonesia this year? #FintechGrowth #DigitalIndonesia #Innovation #FintechGrowthIndonesia #FintechInclusion #TransformationalFintech

Empowering Financial Inclusion in Indonesia Fintech continues to play a pivotal role in expanding access to credit for MSMEs, driving economic growth and fostering innovation. Proud to be part of this transformative journey towards inclusive finance.  Let’s keep supporting the growth of MSMEs and building a stronger, more inclusive economy together.   Check out this insightful interview on how Finfra is shaping the future of financial inclusion in Indonesia! https://lnkd.in/gRNAATuB

For the handling of payables and receivables, foreign payments, and payment gateway solutions, Aspire provides small and medium-sized businesses in Hong Kong with an integrated suite of financial solutions. With the goal of facilitating both local and international money transfers, Aspire's comprehensive solution is designed to support Hong Kong's rapidly expanding #SME sector across various industries. Hong Kong is experiencing a local reexamination of corporate digitalization in the face of the city's major difficulties; 93% of local SMEs see #digitalization as essential to the expansion of their organisation. Concurrently, the city is experiencing a surge in #entrepreneurship, as seen by the nearly threefold increase in startups over the last ten years, as reported by InvestHK. This new generation of digitally savvy startups and SMEs has different needs, and Aspire is well-positioned to satisfy those needs by offering a strong and comprehensive platform that helps them optimise their business #finance operations and save time and money. “With Hong Kong’s digital economy growing exponentially, there’s a clear demand for dependable, integrated financial solutions,” said Andrea Baronchelli, CEO & Co-Founder of Aspire. “At Aspire, we’ve always believed in tailoring our offerings to the unique needs of each market and we’re proud to now be able to empower Hong Kong SMEs with the financial tools they need to drive their #growth.” This operating licence allows Aspire to strategically expand across Asia while adhering to local regulations. "Hong Kong stands as a thriving ecosystem for startups and fintech worldwide, offering a conducive environment for growth and innovation,” says King Leung, Global Head of Financial Services and FinTech at InvestHK. “We are happy to welcome regional fintech startups like Aspire, and wish Aspire every success in Hong Kong.” To share your startup story write us on - contact@startuprise.org #Aspire #HongKong #SMEs #Payments #Fintech #Economy