APAC Banking Sector Performance in 2022-2023: Navigating Economic Headwinds
The Asia-Pacific (APAC) banking sector faced a dynamic landscape in 2022-2023, marked by economic headwinds and varying performance across emerging markets (EMs) and developed markets (DMs). Let’s delve into the key trends and outlook for APAC banks during this period. 1. Steady Outlook Despite Challenges Despite challenges stemming from weakening global demand, high inflation, and […]
Hithium announced agreement to be reinsured by Munich Re
Hithium, the stationary battery producer, announced the agreement with Munich Re to provide warranty reinsurance for its energy storage systems (ESS). The reinsurer will cover both product and performance warranties. The agreement will thus reduce ESS project owners’ risk as well as Hithium’s, providing system owners with coverage even in case of a manufacturer insolvency […]
BlueNalu extends strategic partnerships with seafood leaders in the APAC
BlueNalu, a global leader in the development of cell-cultured seafood, announced yesterday the extension and enhancement of its strategic partnerships with three multinational seafood industry leaders headquartered in the Asia-Pacific (APAC) region. These partnerships will support BlueNalu’s planned introduction of cell-cultured seafood in a number of APAC nations over the coming years, by fostering market […]
Rapyd announces acquistion of PayU GPO
Rapyd, a leading global Fintech-as-a-Service provider, announced today the acquisition of PayU Global Payment Organisation, a global consumer internet group and one of the largest technology investors in the world. PayU GPO, a leading provider of best-in-class payment solutions to both enterprise and SMB segments in emerging markets, operates across over 30 countries worldwide. Rapyd […]
Merlin appoints two former US Airforce leaders to its Federal Advisory Board
Merlin, one of the leading developers of safe, autonomous flight technology for fixed-wing aircraft, recently announced the appointments of retired Major General Kyle Kremer and Preston Dunlap to its Federal Advisory Board as it continues the market expansion and commercialization of its dual-use integrated hardware and software solution, the Merlin Pilot. Dunlap and Maj. Gen. […]
Credit Union partners with Way.com to provide competitive auto financing
Union Credit, the first marketplace for credit unions to make firm, one-click credit offers at the point of purchase, announced today their partnership with Way.com. The nation’s largest auto super-app now provides its 6.5 million drivers with access to healthy financing options from local credit unions. Way.com’s large and diverse user base enables Union Credit, a fintech […]
Surfin Meta welcomes John Quelch and John Fennell to its Board
Singapore-based Surfin Group of Companies (“Surfin Group”), one of the leaders in digital financial solutions for underserved customers in emerging markets, is pleased to announce the appointments of John Quelch and John Fennell as members of its Board of Directors. Two highly experienced professionals who bring to Surfin Group extensive knowledge in marketing, global business strategy, risk management […]
DKK Partners expands its operations to Dubai
DKK Partners, a leading fintech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity, has launched a Dubai operation to turbocharge the business economy in the Middle East. The news comes following circa 60% per cent growth in 2022, surpassing £100 million in revenue, up from £63 million the previous year. The […]
