FintechUOB’s private equity unit co-leads S$42.2 mn funding of Thai fintechBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 UOB was among the top three investors in the funding round for Lightnet... Read more
FintechAnt Financial acquires ‘significant’ stake in Vietnam’s eMonkeyPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam... Read more
FintechAlibaba-backed WeLab secures $156 mn funding to invest in R&DPritam BordoloiDecember 13, 2019 by Pritam BordoloiDecember 13, 2019 The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank... Read more
FintechGrab launches SE Asia’s first numberless cardPritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The GrabPay card, launched with a collaboration with Mastercard, is currently available in Singapore... Read more
FintechAfrican fintech My-iMali raises funds to increase customer basePritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The South Africa-based startup received the funding from fintech holding company Crossfin... Read more
FintechNigerian fintech Migo raises $20 mn for Brazil expansionPritam BordoloiDecember 4, 2019 by Pritam BordoloiDecember 4, 2019 Investors participating in the funding round include Valor Capital, the Rise Fund and Velocity Capital... Read more
FintechSoftBank invests $100 mn in Mexican fintech KonfioInternational Finance DeskDecember 4, 2019January 7, 2020 by International Finance DeskDecember 4, 2019January 7, 2020 This is Softbank’s third investment in Mexico reflecting its interest to promote new technologies... Read more
FintechRevolut to disrupt UK traditional banking with direct debitsInternational Finance DeskNovember 28, 2019January 7, 2020 by International Finance DeskNovember 28, 2019January 7, 2020 It has added a new feature where users can pay with direct debits in UK pounds... Read more
FintechSaudi epayments account for over 36% of all payments nowInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada... Read more
FintechBrazil fintech Neon to boost customer base with $94 mn fundingInternational Finance DeskNovember 20, 2019 by International Finance DeskNovember 20, 2019 The funding has raised Neon’s total valuation to more than $121 million... Read more