Payments Research

Jan

Indonesia’s payment revolution is making waves

In December 2025, a Jakarta bakery chain named Roti’O found itself at the center of a national firestorm. The offense? A cashier, adhering to a strict “cashless” corporate policy, refused to sell a bun to an elderly woman brandishing physical rupiah. The incident went viral, sparking outrage that forced the…

Dec

Payments Research

Project Rialto and the drive toward cheaper global remittances

The world of cross-border retail payments—the lifeblood for millions of families sending money home—has long been plagued by a stubborn paradox. While domestic payments have become instantaneous and nearly free, sending money across national borders remains a “fragmented” journey of high costs, slow speeds, and opaque processes.

Dec

Payments Research

Airwallex funding values company at US$8 billion

In the high-stakes world of fintech, “unicorn” status is often the goal. But for Airwallex, a US$1.2 billion exit offer was just a checkpoint they chose to ignore. Airwallex has just secured US$330 million in Series G funding, valuing the company at US$8 billion. Led by Addition with participation from…

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