Hong Kong-based fintech startup secures $20 mn fundingPritam BordoloiJuly 29, 2020July 29, 2020 by Pritam BordoloiJuly 29, 2020July 29, 2020 The funds will be used to accelerate its expansion plans... Read more
Digital wealth management platform StashAway secures $16 mn fundingPritam BordoloiJuly 29, 2020 by Pritam BordoloiJuly 29, 2020 The funding round was led by Australian venture capital firm Square Peg... Read more
Orange Money rolled out in West Africa in collaboration with NSIAInternational Finance Business DeskJuly 28, 2020 by International Finance Business DeskJuly 28, 2020 French telecom giant Orange seeks to expand into Burkina Faso, Mali and Senegal... Read more
Abu Dhabi Commercial Bank to let go 400 employeesPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The bank decides to cut costs amid lower oil prices and the Covid-19 crisis... Read more
Saudi Payments partners with Japan’s JCB to enable the JCB paymentPritam BordoloiJuly 28, 2020 by Pritam BordoloiJuly 28, 2020 The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals... Read more
Singapore Airlines raises $542 mn by securing its aircraftPritam BordoloiJuly 28, 2020July 28, 2020 by Pritam BordoloiJuly 28, 2020July 28, 2020 The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s... Read more
JP Morgan acquires minority stake in Brazilian fintech FitBankInternational Finance Business DeskJuly 27, 2020 by International Finance Business DeskJuly 27, 2020 FitBank was established in 2015 by industry veterans Rener Menezes and Otavio Farah... Read more
Innovate UK offers £20 mn to develop renewable projects in Africa, AsiaInternational Finance Business DeskJuly 27, 2020July 27, 2020 by International Finance Business DeskJuly 27, 2020July 27, 2020 The amount is a part of the UK's funding and will promote projects in sub-Saharan Africa, South Asia and Southeast Asia... Read more
Sales volume in Abu Dhabi real estate market to pick up in H2Pritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Developers are expected to offer lucrative incentives to potential buyers... Read more
Citibank appoints new Southeast Asia chairmanPritam BordoloiJuly 24, 2020 by Pritam BordoloiJuly 24, 2020 Citi Malaysia chief executive officer Lee Lung Nien will take over the role of chairman... Read more