UBS to start venture capital fund to invest in fintechsPritam BordoloiMay 26, 2020May 26, 2020 by Pritam BordoloiMay 26, 2020May 26, 2020 UBS will invest between $10 mn and $20 mn of its own money... Read more
Chile requests $23.8 bn Flexible Credit Line from IMFInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 This is an attempt to improve its economic resources during the ongoing crisis... Read more
Okolea International restructures loans for 40,000 clientsInternational Finance Business DeskMay 18, 2020May 19, 2020 by International Finance Business DeskMay 18, 2020May 19, 2020 Clients can receive up to Sh1 mn loans instantly into their banks accounts using the app... Read more
Abu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bondsPritam BordoloiMay 13, 2020May 13, 2020 by Pritam BordoloiMay 13, 2020May 13, 2020 The sale received more than $23.5 bn in orders... Read more
Latin America’s venture capital landscape is flourishingInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Brazil is leading with 54% of venture capital investment dollars in 2019 compared to 55.9% in the previous year... Read more
Abu Dhabi Securities Exchange starts $7 bn bond listingInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Currently, the GCC's debt markets are demonstrating more resilience compared to other asset classes... Read more
GoBear acquires AsiaKredit to increase credit access in Southeast AsiaInternational Finance Business DeskMay 4, 2020 by International Finance Business DeskMay 4, 2020 GoBear will introduce lending as a service to partners and enable them to offer loans to underserved consumers in the region... Read more
UK startups raise £663 mn in funding since lockdownPritam BordoloiApril 30, 2020April 30, 2020 by Pritam BordoloiApril 30, 2020April 30, 2020 Investments between March 23 and April 27 has increased by 34%... Read more
China Everbright launches fund to support Belt and Road InitiativeInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 The Everbright Belt & Road Green fund aims to attract $2.8 bn in investments to support green finance under the initiative... Read more
CMA warns investors in Kenya to avoid investing through unlicenced firmsInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 Cytonn Asset Management is the only licenced firm to function as a fund manager and a Real Estate Investment Trust (REIT) manager... Read more