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As we navigate through 2024, Poland's #fintech industry is experiencing rapid changes. Driven by technological innovation and a favorable economic environment, fintech companies are leveraging cutting-edge solutions to enhance their offerings and expand both domestically and internationally. 🔗 Check out the full article: Poland is becoming a fintech hub 📊 Key Trends: 1️⃣ #Mobile Payment Systems: BLIK leads with nearly 13M users and plans to expand across Europe. With 2.8 billion transactions, it’s setting new standards in mobile payments. 2️⃣ Growth of Fintech Companies: From 167 in 2018 to 299 in 2022, driven by economic factors, high demand, and a robust pool of skilled professionals. This 79% increase highlights the sector's dynamism. 3️⃣ Diverse Sectors: Fintechs in 15 sectors, majorly in #payments, financial management, and #software delivery. These companies are diversifying and scaling up their operations. 4️⃣ Revenue Growth: 41% of fintechs with revenues over PLN 10M, showing strong financial health and market impact. The number of larger entities employing over 100 people is growing. 5️⃣ Strategic Investments: Mix of Polish individual investors and foreign companies. 60% have Polish individual investors, while foreign firms and funds are also significantly involved. 🌟 Benefits: Strong revenue growth, increased investments, new growth opportunities, and strategic partnerships. 💡 Takeaway: Embrace technological advancements and strategic partnerships to thrive in 2024. Brad Smith, Vice Chair and President of Microsoft, highlights: "Poland is a large country with highly skilled workers. People are innovative and hardworking. It’s a great place to invest with opportunities for growth. This country has a chance to become the 'Polish #AI Valley.'" 🔗 Dive deeper into the article for comprehensive insights 👇 Sofian Berrahal, Dr. Alireza Dorfard, Lee McNabb, Gary Lansdale, Louis Stewart, Michael Hecker, Mehmet Cabuk, Vangelis T., Christian Rhino, John Stewart, Neil Bellamy Know other impactful strategies? Or have you implemented any? 💬 Share in the comments!

📈 Today, we are excited to share our financial results for Q3 2024. This quarter marks significant progress for FinVolution, driven by the successful execution of our "Local Excellence, Global Outlook" strategy. Here are some key highlights from the report: Tiezheng Li, CEO of FinVolution Group, shared:   "The third quarter’s great progress reflects FinVolution’s strong execution of our 'Local Excellence, Global Outlook' strategy, our continuous drive for technological innovation, and our steadfast commitment to financial inclusion. We remain dedicated to our role as a tech pioneer, enhancing technological innovation to provide better services for customers across the Pan-Asian region." 🌍 Global Reach & Growth in Q3 - Global cumulative borrowers: 32.6 million (as of Q3 2024) - Net revenue: 3276.1 million RMB - Transaction volume: 52.2 billion RMB - Outstanding loan balance: 68.1 billion RMB - International revenue now represents around 20% of total revenue (up from 10% in 2022)  💡 Market Diversification: Secured key licenses across markets, including a "Multi-finance" license in Indonesia, "Non-Banking Financial Company" license in Pakistan, and Special Accessing Entity accreditation in the Philippines 🤝 Strategic Partnerships   - Established collaborations with leading banks across the Pan-Asian region, including Super Bank, OCBC, Bank Jago, Union Bank, Maya Bank, SEA Bank and more   - Expanded Buy Now Pay Later offerings with TikTok Shop in the Philippines  - Launched a pilot project with a leading e-commerce player in the Philippines For more details on our Q3 report, please visit our IR website🔗: https://ir.finvgroup.com/ #FinVolution #Q3Results #GlobalExpansion #FinancialInclusion #TechInnovation #Partnerships #Growth

Bangkok sizzled, but the Money 20/20 conference was buzzing with innovation! I am here to attend the inaugural Money 20/20 event in Bangkok's Queen Sirikit National Convention Centre. After sitting through many sessions on day 1 (April 23) I took away this highlights. Tech for Good: It sounded cliched, but really fintech wasn't just about profits - a key theme was leveraging technology to make financial services accessible and beneficial for everyone to close the income inequality gap, said Dr Daranee Saeju, Assistant Governor,of the Bank of Thailand. Building Trust in the AI Age: Deepfakes and fraud pose challenges, so fostering trust between financial institutions and users became a top priority. It is important to ensure that financial service providers out the proper governance structure on the collection, storage, processing and sharing of personal data, said Monsinee Nakapanant, Co-President, Ascend Group. Fintech Flourishes: People are embracing digital payments! Thailand's PromptPay is a success, used everywhere from taxis to charity donations (with automatic tax deductions!). Cross-Border Payments Simplified: Imagine sending money between Singapore and Thailand with just a phone number? It's a reality now, and the Bank of Thailand is looking to expand! Ethical AI is a balancing act: AI can personalise experiences, but data privacy is crucial. Experts emphasised the need for strong governance structures around data collection and use. Regulation vs. Innovation: A hot topic! Speakers discussed navigating the tension between fostering innovation and ensuring financial stability through regulations. Collaboration between regulators and industry leaders was seen as key. #Money2020 #fintech #fintechai #regtech

🌐 UPI Goes Global: Transforming Cross-Border Payments India's UPI is set to revolutionize international payments, but the future presents fascinating challenges. Key Challenges & Potential Solutions: 📜 Regulatory Complexity - Navigating diverse legal frameworks - Managing data localization requirements - Securing country-specific licenses 🔒 Security Enhancement - Advanced encryption protocols - Real-time fraud detection - Multi-factor authentication implementation 🔄 System Interoperability - Integration with SWIFT, SEPA - Standardized APIs - Strategic pilot programs 💰 Fee Structure Innovation - Transparent pricing models - Competitive cost management - Alternative revenue streams 👥 User Experience Focus - Intuitive interface design - Real-time transaction tracking - Multilingual support systems The success of UPI's global expansion hinges on collaboration between governments, financial institutions, and tech providers. This transformation isn't just about technology – it's about creating a more inclusive and efficient global financial ecosystem. #FinTech #Payments #UPI Thoughts? What challenges do you see in UPI's international expansion? 🤔 More on this on my blog: link in comments.

Fintech Dev Uruguay Meetup is coming soon, and we’re thrilled to feature an exclusive interview with Agustin Cerisola, General Manager for Africa, Asia & Global Remittances at dLocal. 🎤 Interview: “Global Market Dynamics: Payment Insights from APAC and LATAM” 🗣️ Featuring Agustín Cerisola 🛋️ Interviewed by Agustin Guerra, CEO & Co-Founder at Vangwe With a vast experience in Fintech, Agustín will share insights into: ✔️ The evolution of payment networks in emerging markets. ✔️ Key differences between APAC, LATAM, and African payment ecosystems. ✔️ How dLocal has adapted to meet market demands and overcome cultural challenges. ✔️ What the future of payments looks like in the next 5 years. 📅 When? December 4, 2024 | 🕡 6:30–9:00 PM (GMT-3) 📍 Where? Vangwe’s House, Montevideo, Uruguay 🎥 Can’t join in person? Watch it live: https://lnkd.in/dM2fVS4A Join us to explore how Fintech leaders are shaping the future of payments and solving challenges across global markets. 🔗 Reserve your spot here: https://lnkd.in/dTtQBjJc #Meetup #FintechDevUruguay #Fintech #OnlinePayments

The #MENA #embedded #finance ecosystem is building fast. Check out our latest collab with Mingzulu with this primer on the region's scaling marketplace - including the leading players and insight on how a growing cohort of non-financial firms across the region are getting to grips with the potential to offer blended digital and financial services. #embedded #finance is eating the world.... Grant Niven Fintech Saudi | فنتك السعودية Michael Clark Emma Niven Michael Ryberg Hartmann

Financial services data intelligence platform Bud Financial chooses Vilnius as a European hub.   After receiving the Account Information Service Provider license, the financial data intelligence platform Bud Financial (Bud) is expanding its team in Lithuania. Established in Vilnius last year, Bud’s Lithuanian office will become one of the company’s hubs for technical and risk roles, powering its growth in the region and across Europe 🌍   Bud is an AI-powered platform used by global banks and fintechs to turn transactional data into rich customer insight. Lithuania is a growing hotspot for the development of AI-powered solutions. As a trailblazer of applying cutting-edge technologies in banking and financial services, Bud will fit right into the country’s dynamic tech landscape.   🔗 More: https://lnkd.in/dBnSwe5s  | Invest Lithuania   #Fintech #LithuaniaCoCreate #Vilnius #InvestLithuania #Innovation #Bud

We are proud to announce the release of Draft version of the FinTech Vietnam Ecosystem Map 2024, an initiative designed to foster the growing FinTech sector in Vietnam. The FinTech Vietnam Ecosystem Map seeks to highlight the players in this growing space, encouraging both innovation and entrepreneurship. By showcasing the breadth of FinTech companies, the map aims to inspire new business ideas and drive further technological advancements in the finance sector. In addition to promoting innovation, the map emphasizes the importance of collaboration between fintech companies and traditional financial institutions. *Please leave your comment to receive the official version 🍾 #fintechvietnam #proptechvietnam #startupvietnam

moomoo has launched its super app in Malaysia, securing the Capital Market Services License from the Securities Commission Malaysia, making it one of the initial global digital brokerages to offer securities and derivatives trading services. 👉 Download WikiFX App to know more market trends https://lnkd.in/gmAN4uZ4   #forex #fxtrading #traders #beginners #forexbrokers #investment #tradingplatforms #trends #market #onlinetrading #license #capitalmarket

🌐 Unlocking Financial Inclusion for SMEs and Sole Proprietors in Vietnam 🌐 In a pivotal essay, Nguyễn Thanh Hiển, CEO of Finviet, outlines essential strategies to drive national financial inclusion by 2025, with a vision extending to 2030. With approximately 5 million household businesses contributing significantly to Vietnam's economy, improving their access to financial services is crucial. Traditional credit institutions often impose complex procedures and lack comprehensive technological ecosystems, making it difficult for these businesses to access finance. A survey revealed that 67% of global SMEs face barriers due to insufficient collateral, forcing many to rely on informal funding sources. Finviet's ECO e-wallet is leading efforts to digitalize retail distribution systems, facilitating microloans for small businesses. This approach drastically reduces lending costs, making financial services more accessible and affordable. However, moving forward requires robust cooperation between credit institutions and fintech companies, leveraging advanced technologies to streamline credit assessment and approval processes. The recent issuance of Decree 52/2024/ND-CP on cashless payments and updates to the Law on Credit Institutions set a favorable legal framework for fintech innovation. To advance this mission, regulatory bodies shall implement controlled 'sandbox' environments, enabling fintech collaborations to support national financial inclusion strategies. Empowering small and micro-enterprises with affordable financial services will enhance their contribution to Vietnam's economic growth. #Fintech #FinancialInclusion #SMEs #Vietnam #Innovation #DigitalTransformation