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Asia Pacific Buy Now Pay Later Markets and Investment Opportunities Report 2022: BNPL Payments are Expected to Grow by 61.5% to Reach US$133,696.8 Million in 2022 - Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 15, 2022

According to the Q4 2021 BNPL Survey, BNPL payment industry in the region is expected to grow by 61.5% on annual basis to reach US$ 133696.8 million in 2022.

Key Points: 
  • According to the Q4 2021 BNPL Survey, BNPL payment industry in the region is expected to grow by 61.5% on annual basis to reach US$ 133696.8 million in 2022.
  • The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 33.3% during 2022-2028.
  • The BNPL Gross Merchandise Value will increase from US$ 82806.9 million in 2021 to reach US$ 749226.9 million by 2028.
  • The buy now, pay later (BNPL) market in the Asia-Pacific region recorded significant growth in the last four to six quarters.

India Buy Now Pay Later Markets and Investment Opportunities Report 2022: Market is Expected to Grow by 89.5% to Reach $6927.4 Million - Forecast to 2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 2, 2022

According to the Q4 2021 BNPL Survey, BNPL payment in India is expected to grow by 89.5% on annual basis to reach US$ 6927.4 million in 2022.

Key Points: 
  • According to the Q4 2021 BNPL Survey, BNPL payment in India is expected to grow by 89.5% on annual basis to reach US$ 6927.4 million in 2022.
  • The BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 54.3% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$ 3656.3 million in 2021 to reach US$ 93509.1 million by 2028.
  • With over a billion consumers and a large credit-averse population, BNPL is expected to disrupt the payments sector in India.

Prosus Prices New 5-Year, 10-Year and 30-Year Tranches USD Bonds and 4-Year, 8-Year and 12-Year Tranches EUR Bonds

Retrieved on: 
Thursday, January 13, 2022

The offerings are expected to close on 19 January 2022, in each case subject to customary closing conditions.

Key Points: 
  • The offerings are expected to close on 19 January 2022, in each case subject to customary closing conditions.
  • Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.
  • Prosus actively seeks new opportunities to partner with exceptional entrepreneurs who are using technology to improve peoples everyday lives.
  • Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ).

Red Dot Payment selects Radar Payments by BPC to take on global eCommerce fraud prevention

Retrieved on: 
Wednesday, January 5, 2022

SINGAPORE, Jan. 5, 2022 /PRNewswire/ -- Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.

Key Points: 
  • SINGAPORE, Jan. 5, 2022 /PRNewswire/ -- Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.
  • RDP has selected the Fraud Risk Management and Prevention solutions delivered as a SaaS model from Radar Payments after reviewing other fraud detection systems.
  • Established in 2011, RDP was founded by Randy Tan, who is still leading the company as its CEO.
  • David Owyong, COO, Red Dot Payment, commented: "We believe that conquering eCommerce fraud requires a global perspective, and we pride ourselves on working closely with our merchants to help them harness the power of payments.

Red Dot Payment selects Radar Payments by BPC to take on global eCommerce fraud prevention

Retrieved on: 
Wednesday, January 5, 2022

SINGAPORE, Jan. 5, 2022 /PRNewswire/ -- Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.

Key Points: 
  • SINGAPORE, Jan. 5, 2022 /PRNewswire/ -- Next generation payment processing company, Radar Payments by BPC, has been selected to tackle eCommerce fraud prevention by Singapore's largest home-grown online payment solutions fintech Red Dot Payment (RDP), an e-commerce enabler focused primarily on serving the e-commerce and hospitality verticals.
  • RDP has selected the Fraud Risk Management and Prevention solutions delivered as a SaaS model from Radar Payments after reviewing other fraud detection systems.
  • Established in 2011, RDP was founded by Randy Tan, who is still leading the company as its CEO.
  • David Owyong, COO, Red Dot Payment, commented: "We believe that conquering eCommerce fraud requires a global perspective, and we pride ourselves on working closely with our merchants to help them harness the power of payments.

Payguru And Iyzico Launch Direct Carrier Billing For Digital Wallets In Global First

Retrieved on: 
Monday, November 29, 2021

İSTANBUL, Nov. 29, 2021 /PRNewswire/ -- Payguru, a TPAY MOBILE FZ-LLC company, today announces the launch of a new use case for Direct Carrier Billing (DCB) in partnership with Iyzico, the leading provider of virtual Point of Sale solutions (POS) in Turkey. Turkish consumers will be able to top up "Pay with Iyzico", the most popular mobile wallet in the country, by DCB - improving financial access for consumers who do not have credit or debit cards.

Key Points: 
  • Consumers will be able to top up Pay with Iyzico Wallet via bank transfers, credit cards and mobile balance transfer, quickly and securely.
  • Iyzico provides services to more than 70,000 member businesses and over 900,000 sub-members with an annual transaction volume of 18 billion Turkish Liras.
  • With over 84 million subscribers in the region, Payguru has brought DCB to household names including Burger King and Tencent.
  • Payguru currently has over 1400 merchants on its platform and has processed over 104.5 million transactions in the past year.

Payguru And Iyzico Launch Direct Carrier Billing For Digital Wallets In Global First

Retrieved on: 
Monday, November 29, 2021

Consumers will be able to top up Pay with Iyzico Wallet via bank transfers, credit cards and mobile balance transfer, quickly and securely.

Key Points: 
  • Consumers will be able to top up Pay with Iyzico Wallet via bank transfers, credit cards and mobile balance transfer, quickly and securely.
  • Iyzico provides services to more than 70,000 member businesses and over 900,000 sub-members with an annual transaction volume of 18 billion Turkish Liras.
  • With over 84 million subscribers in the region, Payguru has brought DCB to household names including Burger King and Tencent.
  • Payguru currently has over 1400 merchants on its platform and has processed over 104.5 million transactions in the past year.

India FinTech Forum concludes IFTA 2021 with focus on financial inclusion and emerging technologies

Retrieved on: 
Friday, November 26, 2021

Mr. Jitendra Gupta, Founder and CEO, Jupiter and Advisory Committee Member of India FinTech Forum noted, "The India Stack has been game changing alongside Aadhaar.

Key Points: 
  • Mr. Jitendra Gupta, Founder and CEO, Jupiter and Advisory Committee Member of India FinTech Forum noted, "The India Stack has been game changing alongside Aadhaar.
  • Several fintech companies have created solutions for true financial inclusion using the power of technology."
  • About India FinTech Forum: India FinTech Awards (IFTA) is organised by India Fintech Forum, a non-profit initiative that offers a platform for fintech companies to collaborate and voice their opinions on the relevant policy issues.
  • More than 2000 fintech companies and over 25000 individuals who are members of this forum, are dedicated to enhancing the ecosystem to ensure that India leads the global fintech innovation wave.

India FinTech Forum concludes IFTA 2021 with focus on financial inclusion and emerging technologies

Retrieved on: 
Friday, November 26, 2021

Mr. Jitendra Gupta, Founder and CEO, Jupiter and Advisory Committee Member of India FinTech Forum noted, "The India Stack has been game changing alongside Aadhaar.

Key Points: 
  • Mr. Jitendra Gupta, Founder and CEO, Jupiter and Advisory Committee Member of India FinTech Forum noted, "The India Stack has been game changing alongside Aadhaar.
  • Several fintech companies have created solutions for true financial inclusion using the power of technology."
  • About India FinTech Forum: India FinTech Awards (IFTA) is organised by India Fintech Forum, a non-profit initiative that offers a platform for fintech companies to collaborate and voice their opinions on the relevant policy issues.
  • More than 2000 fintech companies and over 25000 individuals who are members of this forum, are dedicated to enhancing the ecosystem to ensure that India leads the global fintech innovation wave.

Strong Growth Continues at Prosus, on Top of Increased Scale

Retrieved on: 
Monday, November 22, 2021

Ecommerce revenues grew 53% to US$4.2bn versus a strong performance for the same period last year, and outpacing revenue growth at Tencent.

Key Points: 
  • Ecommerce revenues grew 53% to US$4.2bn versus a strong performance for the same period last year, and outpacing revenue growth at Tencent.
  • This performance was led by 101% growth in Classifieds, 86% growth in Food Delivery, 51% growth in Edtech, and 44% growth in Payments and Fintech.
  • Delivery Hero again recorded strong organic growth again in the first six months of its financial year to June 2021, supplemented by the Woowa acquisition.
  • Operating margins in the Food Delivery segment improved meaningfully by 6 percentage points, as the business benefitted from increased scale.