FINTECH Volanews

JORDAN FINTECH Liwwa

Amman-based Liwwa raises $6 million to fuel growth of its SME lending marketplace in Jordan and Egypt Liwwa plans to use the investment to fuel its growth in both Jordan and Egypt, the markets it Liwwa says in dire need for capital investment.

by MENAbytes

2020-02-14

INDIA FINTECH Paytm Money

Paytm Money picks up Rs 40 Cr($5.6Mn) from parent One97 Communications The funding is a part of a Rs 250 crore commitment that Paytm Money received from One97 Communications six months back. The funds will be invested over the next 18 to 24 months.

by YourStory

2020-02-14

CHINA FINTECH WECHAT PAY

WeChat Pay gets Permission to Operate Mobile Payment Service in Nepal WeChat Pay, a digital payment platform based in China finally got its approval to operate in Nepal without any hindrances.

by techsathi

2020-02-13

INDIA FINTECH M2P Solutions

API infrastructure startup M2P Solutions raises Rs 10 Cr ($1.4 million) from Amrish Rau, Kunal Shah, and others API infrastructure startup M2P Solutions will invest the funds to further develop its technology stack, expand its team, and grow in newer markets outside India.

by YourStory

2020-02-13

SINGAPORE FINTECH Standard Chartered Bank

Standard Chartered, Australia’s Assembly form payments joint venture in Singapore The new company, which will be based in Singapore, is set to run a digital platform that can manage transactions involving online, mobile, point-of-sale, e-wallet, debit and credit card, and real-time payments.

by techinasia

2020-02-12

THAILAND FINTECH PeerPower

Thailand’s 'crowdfunding bonds' startup PeerPower raises pre-Series A funding from InVent, BOL The fintech startup claims it is the first in Thailand to issue Crowdfunding Bonds, approved by the Securities and Exchange Commission Thailand (SEC).

by e27

2020-02-12

VIETNAM FINTECH POLICY

Vietnam to remove 49% foreign ownership cap for payment firms It had earlier claimed that the draft proposal [with the 49 per cent foreign ownership cap] was an attempt to fix safeguards and assure monetary safety.

by DealStreetAsia

2020-02-12

NIGERIA FINTECH Aella Credit

Nigerian Lending Startup Aella Credit To Become Full-Stack Fintech After USD 10 Mn Debt Raise Aella plans to use the USD 10 Mn raised through debt-financing to scale its lending operations and expand its product base into payments.

by WeeTracker

2020-02-11

INDIA FINTECH PAYTM

Paytm Launches Recurring Payments To Boost Sales Of Subscription Platforms Users can pay for Hotstar, JioSaavn, Gaana, and Zee5 membership using this feature.

by Inc42

2020-02-11

INDONESIA FINTECH Bareksa

Bareksa, OVO team up for mutual funds payment By allowing users to pay through OVO, the company expects to double the number of transactions and funds under management this year compared to last year.

by DealStreetAsia

2020-02-10

INDIA FINTECH Dot

PayU India co-founder Shailaz Nag’s startup Dot raises $8M in seed round Dot is an offline-to-online commerce and fintech startup, which provides digital transformation and commerce solutions to brick and mortar stores.

by YourStory

2020-02-07

INDIA FINTECH SuperMoney

Fintech startup SuperMoney raises $1M in pre-Series A from Unitus Ventures The Mumbai-based fintech startup will use the funding to expand its team and launch operations in new cities

by YourStory

2020-02-07

INDIA FINTECH GetMeAShop

Instamojo buys Times Internet-backed GetMeAShop to boost non-payment services Instamojo Technologies, the Bengaluru based payments, commerce and small business lending platform, has acquired GetMeAShop to strengthen its non-payment business verticals.

by techcircle

2020-02-06

INDIA FINTECH RBI

RBI Introduces ‘Low KYC’ To Help Fintech Companies Retain Customers The newly introduced ‘low KYC’ accounts will allow customers to continue making payments using mobile wallets

by Inc42

2020-02-06

SINGAPORE FINTECH 2C2P

2C2P ties up with Myanmar’s Wave Money The partnership will enable 17 million WavePay users to make online purchases via their mobile phones without the need for a bank account.

by DealStreetAsia

2020-02-05

SINGAPORE FINTECH Mortgage Master

Mortgage Master raises $381k in seed round The investment has exceeded the company’s initial target to raise SG$400,000.

by DealStreetAsia

2020-02-05

KENYA FINTECH Dukapay

Kenya’s Tanda raises undisclosed funds from SA-based HAVAÍC Tanda aims to provide access to digital financial services and affordable agency banking for the underbanked population in Kenya and the rest of East Africa.

by techmoran

2020-02-04

MYANMAR FINTECH Daung Capital

Burmese digital commerce startup Get acquires local fintech Daung Capital The merged entity will operate under the Get brand.

by DealStreetAsia

2020-02-04

CHINA FINTECH BC Group

Hong Kong digital asset firm BC Group raises $36m It was the first to apply for a license under the Hong Kong Securities and Futures Commission’s new framework for digital asset trading platforms and broker-dealers.

by techinasia

2020-02-03

Saudi Arabia FINTECH Raqamyah

P2P SME lending Platform, Raqamyah, raises Seed funding from Impact46 Raqamyah is one of the first Saudi companies approved by SAMA to offer P2P lending including invoice, inventory, and term finance.

by magnitt

2020-02-03