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Indian Fintech Firm Razorpay In Talks To Raise Up To $200M From GIC, And Others
Fintech startup Razorpay is in talks with its existing investor Singapore’s sovereign investment fund GIC and others to raise US$150 million to US$200 million in a financing round that could see its valuation nearly double to US$2 billion in less than six months.
by techinasia
2021-02-26
2021-02-26
Digital Bank Tyme Raises $110M, To Apply For License In The Philippines
Neobank Tyme said it has raised US$110 million in a series B round from its new Singapore headquarters, laying the foundation for its ASEAN expansion and the further growth of its South African digibank brand TymeBank.
by techinasia
2021-02-24
2021-02-24
Alibaba-Backed Lender MYBank Is One Of First Privately Owned Banks To Join Digital Yuan Pilot
Alibaba-backed online lender MYBank has joined the ranks of several state-owned commercial banks involved in China’s digital yuan pilot program, becoming one of the first privately owned banks to participate in a trial aimed at introducing a sovereign electronic currency system which is widely believed will revolutionize the country’s online payment industry.
by caixinglobal
2021-02-24
2021-02-24
Gojek-backed Insurtech Startup PasarPolis Secures $5M From World Bank’s IFC
Indonesian insurtech firm PasarPolis said it has received US$5 million in equity financing from the International Finance Corporation (IFC), a part of the World Bank Group that focuses on accelerating financial inclusion in developing countries.
by techinasia
2021-02-05
2021-02-05
Indonesia's BukuWarung Raises Funding From Rocketship.vc, And Others
Indonesian startup BukuWarung, an accounting app for micro-enterprises, has raised funding from Rocketship.vc, and early backers of global fintech players Adyen, Nubank, Revolut, and an Indonesian retail giant.
by DealStreetAsia
2021-02-03
2021-02-03
Chinese Fintech Startup XTransfer Raises Series C2
XTransfer, a Chinese fintech startup that offers cross-border financial services and risk management solutions, has closed a Series C2 round of financing led by Hong Kong-based investment firm Lavender Hill Capital Partners (LHCP).
by DealStreetAsia
2021-01-27
2021-01-27
Malaysia's Navis Capital Invests In Singapore's Fintech Solutions Firm Moneythor
Malaysia-based private equity firm Navis Capital Partners on Monday announced that it has completed an investment in Singapore-headquartered fintech solutions firm Moneythor Pte Ltd. The financial terms of the deal were not disclosed.
by DealStreetAsia
2021-01-19
2021-01-19
UBS Fund In Talks To Invest $400M In SoftBank-backed Paytm
UBS Group AG is in talks to invest $400 million in Paytm, the most valuable Indian startup, in a bet on the surging digital payments market in the world’s second-most populous country, people with knowledge of the matter said.
by Bloomberg
2021-01-15
2021-01-15
South Korea's Hanwha Leads $300M Round in Grab's Financial Services Arm
Southeast Asian ride-hailing and food delivery giant Grab said on Thursday it has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its fast-growing financial services business.
by Reuters
2021-01-14
2021-01-14
PayPal Becomes First Foreign Company to Offer Digital Payments in China
U.S. fintech giant PayPal has completed a stake acquisition deal that makes it the first foreign company to offer digital payment services in China, as Beijing vows to open up its domestic financial market to foreign investors.
by caixinglobal
2021-01-14
2021-01-14
Indonesian Fintech Platform BukuKas Bags $10M Series A Led By Sequoia India
BukuKas, a digital ledger app for micro, small, and medium enterprises in Indonesia, has raised $10 million in a Series A funding round led by Sequoia Capital India, the company said in a statement.
by DealStreetAsia
2021-01-12
2021-01-12
PH Payments App Mynt Raises $175M From Bow Wave Capital, Nears Unicorn Status
Mynt, the Philippine payments app backed by Jack Ma’s Ant Financial, has raised $175 million in fresh capital from US investment firm Bow Wave Capital Management and existing shareholders.The fresh funding gives Mynt, the fintech arm of Globe Telecom and operator of mobile wallet GCash, a post-money valuation of close to $1 billion, Globe said in a statement Friday.
by DealStreetAsia
2021-01-11
2021-01-11
Indonesian Investment App Bibit Confirms $30M Funding Led by Sequoia
Bibit, an Indonesian digital investment app, has announced the raising of $30 million from Sequoia Capital India, with backing from existing investors such as East Ventures, EV Growth, AC Ventures, and 500 Startups.
by DealStreetAsia
2021-01-06
2021-01-06
India’s Digital Lending Landscape
The Indian Lending landscape has undergone a dramatic shift over the past few years. The legacy systems and practices that were prominent in this space are disappearing and getting replaced with digital processes that are powered by data and AI. This transformation has been further accelerated by the arrival of COVID-19 and the social distancing norms put to counter it.
by TheDigitalFifth
2020-12-31
2020-12-31
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