Insights
Grab charges Philippine bike riders over 230% interest for in-app loans
Repayments are charged daily, making effective rates much higher than advertised.
6 mins read
Lending
The underlying economics of Shopee, Monee, and Garena may be behind the selloff.
Indonesia’s financial authority has moved to regulate unlicensed financial advisers to protect novice investors.
AI can be used to broaden credit access and rebuild trust in digital lending, he said.
Lenders backed by Grab, Sea, and StanChart hang on as legacy rivals DBS, UOB, and OCBC boom.
The rollout reflects a broader shift in financial AI from experimentation to scaled deployment.
Cheaper funding and geopolitical tensions are boosting growth in yuan-denominated loans.
Armed with fresh capital and a growing network of banks and developers, the startup is working to ease mortgage challenges across the region.
With a localized strategy and China-tested tech, Yup is expanding credit access across emerging markets in the region.