GoBear acquires AsiaKredit to increase credit access in Southeast Asia
GoBear will introduce lending as a service to partners and enable them to offer loans to underserved consumers in the region...
Category : Finance
UK startups raise £663 mn in funding since lockdown
Investments between March 23 and April 27 has increased by 34%...
China Everbright launches fund to support Belt and Road Initiative
The Everbright Belt & Road Green fund aims to attract $2.8 bn in investments to support green finance under the initiative...
CMA warns investors in Kenya to avoid investing through unlicenced firms
Cytonn Asset Management is the only licenced firm to function as a fund manager and a Real Estate Investment Trust (REIT) manager...
Visa forays into mobile money in East Africa with Mvisa app
Visa in collaboration wit M-Pesa has launched the app in an effort to strengthen its presence in Kenya...
Saudi raises $7 bn in bond sale to strengthen finances
It is reported that the Kingdom's bonds have been heavily oversubscribed...
IMF executive board approves debt service relief to 25 poor countries
These countries are most vulnerable to debt and come under the IMF's revised Catastrophe Containment and Relief Trust...
China’s new loans surge to $405 bn in March on the back of Covid-19
New loans in the country have surpassed market expectations of 1.8 tn yuan...
DBS becomes the only non-Chinese bank for Haier’s digital financing
The bank and Haier's relief efforts in digital financing is aimed to help many businesses to cope with challenging times...
UK launches £330 billion loan scheme for startups affected by Covid-19
The UK will address the existing financial gap for startups in the country that are at a risk of collapse...