FINTECH Volanews

MYANMAR Startups NearMe

Myanmar Digital Payments Platform NearMe Plans Expansion after 7-Figure Funding The investment will help the firm expand their retail merchant network, and to accelerate the adoption of digital payments.

by KrAsia

21 hours ago

US Startups Aghaz

Aghaz Raises $400,000 Pre-Seed for Its Islamic Robo-Advisory Platformzubair Naeem Paracha Aghaz according to the information available on its website will charge $2 per month of subscription fee plus 0.49 percent per year on the investment amount.

by MENAbytes

2020-09-16

INDONESIA GIANT GOJEK

Indonesian gojek Acquires WePay to Expand Its E-Wallet Businessinto Vietnam: Report WePay is an online payments services provider, which claims to have a partnership with 24 local banks, 1,000 merchants and four international card issuers.

by e27

2020-09-15

VIETNAM Startups Kim An

Kim An Raises Series A to Connect Vietnam's Financial Institutions with MSMEs via Its Fintech Platform Kim An connects banks and financial companies in Vietnam with local micro, small and medium enterprises (MSMEs) through an online platform as well as its 80-plus branches nationwide.

by e27

2020-09-14

VIETNAM Startups eLoan

Fintech Startup Fvndit Notches USD 30 Million for Its Vietnamese P2P Lending Firm As a wholly-owned subsidiary of Fvndit, eLoan is a Vietnam-based fintech firm that allows investors to lend money directly to SMEs in Vietnam driven by a data-driven crediting rating and decision-making system.

by KrAsia

2020-09-14

US Startups Capitolis

Israeli Fintech Company Capitolis Raises $11 Million from Three Financial Powerhouses The company’s platform helps financial institutions free up capital and remove barriers that would otherwise restrict trading.

by CalcalisTech

2020-09-11

PHILIPPINES Startups JazzyPay

Philippines' JazzyPay Raises US$500K from Cocoon Capital to Help Businesses Adopt Cashless Payments Amid COVID-19 It will use the fresh funds for product development, to build its management team and grow its network of partner merchants across the country.

by e27

2020-09-11

VIETNAM Startups Wee Digital

Vietnam’s Wee Digital Raises Funding from Intervest, Vinacapital Ventures Wee Digital will focus on partnering with banking clients in applying biometrics solutions to their banking services to enhance the banking experience for consumers.

by DealStreetAsia

2020-09-11

THAILAND Startups Sunday

Thailand's Sunday Raises USD 9 Million Led by SCB 10X, Venture Capital Arm of Siam Commercial Bank As the first Southeast Asia insurtech with an underwriting licence within their group, Sunday is able to own the full customer journey to offer more comprehensive and creative products, and after-sales services compared to its peers.

by Vertex Holdings

2020-09-11

INDIA Startups Market Pulse

India Fintech Startup Market Pulse Raises $750K in Pre-Series A Round Market Pulse will use the capital to invest in technology to enhance its core trading platform, kickstart branding and marketing initiatives, and expand its team from 30 to 100 people.

by YourStory

2020-09-10

INDIA Startups Groww

Bengaluru-Based Groww Raises $30M in Series C Round Led by YC Continuity Groww has over 80 lakh registered users, and offers direct mutual funds and stock brokering.

by YourStory

2020-09-10

SINGAPORE Startups Thunes

SG's Thunes Nets US$60M to Accelerate Growth in Africa, Asia, Latam Thunes’s global network connects mobile wallet providers, banks, technology companies and money transfer operators, enabling cross-border payments to and from emerging economies “in a fast and secure manner”.

by e27

2020-09-09

EGYPT CHINA Startups

Huawei Partners with Fintech Tpay Mobile to Drive App Monetisation for MEA Developers This will make it more accessible for Huawei and HONOR device users to pay for online services and apps on HMS.

by magnitt

2020-09-08

SINGAPORE Startups Qapita

SG's Qapita Raises $1.8m Seed Funding Led by Vulcan Capital Qapita will use the seed funding proceeds to strengthen its team, accelerate product development and build its client base.

by DealStreetAsia

2020-09-07

Saudi Arabia Startups Hakbah

Saudi Fintech Hakbah Launches Savings Groups Platform after Receiving Regulatory Approval, Partners with Visa to Issue Prepaid Cards The users can pay their installments when they join a group by using their (Mada) debit card on the app and withdraw the money to their bank account whenever it’s their turn to receive the pool.

by MENAbytes

2020-09-03

INDIA Startups BharatPe

Indian Digital Payment Firms Lock Horns with Bharatpe BharatPe has waded into controversy again, with rival payment firms sending legal notices to the New Delhi-based company for allegedly circulating flyers that tag its competitors as Chinese or American.

by DealStreetAsia

2020-09-02

VIETNAM Startups CNV Loyalty

Vietnam’s NextPay Invests USD 475,000 in Local Customer Service App CNV Loyalty The USD 475,000 capital injection will help foster CNV Loyalty’s product development. The firm offers marketing and customer services solutions that aim to help businesses retain and expand their customer bases online.

by KrAsia

2020-09-02

INDONESIA Startups GoPay

Gopay Is The Most Popular E-Wallet in Indonesia: Survey Behind GoPay are following Ovo and Dana, for MAU as well as downloads. Both platforms retained their positions from Q2 2019. Government-owned e-wallet LinkAja came in fourth.

by KrAsia

2020-09-02

CHINA FINTECH Startups

Chinese Insurtech Company Insnail Launches Their First Solution to Solve the Difficulties of Claim Settlement for Policyholders Insnail, a Chinese growing Insurtech company, announced the launch of their first solution to solve the difficulties of claim settlement promising all policyholders they can actually “choose insurance products more easily and get compensation claim more securely”.

by Kyle

2020-09-01

INDIA GIANT Paytm Payments Bank

Indian Paytm Payments Bank Approaches RBI for In-Principle Approval to Become Small Finance Bank Paytm Payments Bank had facilitated more than 485 Cr transactions worth INR 4.6 Lakh Cr. It said that the domestic money transfers had accounted for INR 29K Cr, a significant growth from the last fiscal year.

by Inc42

2020-08-31