Fintech startups in Asia are proving to be formidable competitors to traditional banks, offering a slew of financial services, but many are bleeding cash (Financial Times)

Financial Times:
Fintech startups in Asia are proving to be formidable competitors to traditional banks, offering a slew of financial services, but many are bleeding cash  —  Rice Basket Queen is the name of a stall run by Ruri Ruhyaty in a bustling suburb of Jakarta.  A year ago it was typical of thousands of others.

via Techmeme