Blog

HolyWally CEO John Rutledge takes a quick look back at 2022 which was quite a year for a startup that will use 2023 to scale-up its operations.

The payment revolution is here! And emerging markets worldwide might be celebrating this the loudest. As fintechs around the world race towards a cashless economy, regions such as MENA remain dominated by checks and cash. Hiren Raghuvanshi, Head of Cards, Payments and Direct Banking at Commercial Bank of Dubai, joins us to explore what needs to happen to accomplish a frictionless, cashless financial ecosystem.

The SWIFT system is clumsy and tricky to use. It's no longer seen as the backbone for payments across the globe. So what are fintechs doing to make a difference? Fintechs around the world are working hard to create a replacement and we hear from one which has already made huge progress.

Tokyo is determined to be Asia’s leading global financial city and HolyWally is hoping to play its part. The Tokyo Metropolitan Government (TMG) has a pioneering approach to financial services, how they should make life easier for the city's residents and companies. Find out more about the TMG approach.

The HolyWally team has just returned from Japan where they were guests of the prestigious Tokyo Financial Award mentoring programme. One of a select few, HolyWally was presenting a unique idea for how technology can solve the financial needs and concerns of Tokyo residents and enterprises.

Financial inclusion is a topic that gains more attention by the day. As the fintech tide continues to surge with innovation across sectors such as embedded finance and Banking as a Service, hope seems to grow that this historically tough nut will finally be cracked.

The world of finance is changing at a breakneck pace and there are few people who are more aware of this incredible change than Arjun Singh.

Mobile Wallets Are The New Normal. Customers are beginning to see the value of digital payments, understanding that it is a convenient alternative to traditional payment methods. Digital wallets are becoming an integral part of everyday consumer payments transactions.

Singapore, 14/02/2022. HolyWally, a white-label digital wallet platform that seamlessly connects with banks, fintech companies and retailers, has raised US$1.4m, led by M-DAQ, a leading Singapore-based fintech company, and other investors such as venture studios Finmirai and Creitive.

Digital wallets have taken the payments industry and the wider financial services sector by storm, but what of the future, where do we go from here?

Digital wallets are a huge innovation in the financial services sector and companies are scrambling to be part of the action, yet they quickly realise that building such apps can be a very expensive and time consuming project.