BankingIndonesia lynchpin of Standard Chartered 2021 returns targetInternational Finance DeskSeptember 10, 2019December 16, 2019 by International Finance DeskSeptember 10, 2019December 16, 2019 Standard Chartered’s operating profit in Indonesia is up by 28% in H1 2019 year-on-year... Read more
FintechEgypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansionInternational Finance DeskSeptember 9, 2019December 17, 2019 by International Finance DeskSeptember 9, 2019December 17, 2019 Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries... Read more
Real EstateTech@SG scheme to boost the home rental market in SingaporeInternational Finance DeskSeptember 5, 2019December 23, 2019 by International Finance DeskSeptember 5, 2019December 23, 2019 Demand for luxury homes are already on the rise especially from the banking, finance, and fintech professionals... Read more
BankingStandard Bank targets micro-merchants, invests in fintechInternational Finance DeskAugust 28, 2019December 16, 2019 by International Finance DeskAugust 28, 2019December 16, 2019 Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet... Read more
FintechDubai named the seventh best fintech location globallyInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The ranking cements Dubai’s position as a leading fintech capital across the globe... Read more
BankingComing soon: Fujitsu’s AI-based credit scoring for banksInternational Finance DeskAugust 26, 2019December 16, 2019 by International Finance DeskAugust 26, 2019December 16, 2019 The software, which will be available from October, will help lenders screen small and medium-size businesses... Read more
FintechBrazil fintech Banco Inter raises $343 mn from SoftBankInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 Shares in Brazil’s Banco Inter surged more than 20 percent as Japan’s Softbank bought into the company.... Read more
Wealth ManagementSingapore wealth management fintech StashAway raises $12 mnInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The funding led by one of the earliest Alibaba investors will be used for product development and expansion.... Read more
FintechNigeria enters mobile banking era with MTN’s payments licenceInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The Central Bank of Nigeria has granted a licence to a subsidiary of MTN Nigeria to provide financial services... Read more
FintechAnt Financial backed Indonesian fintech Dana looking for new investorsInternational Finance DeskJuly 29, 2019December 23, 2019 by International Finance DeskJuly 29, 2019December 23, 2019 Dana is the only Indonesian startup in which Jack Ma’s Ant Financial has taken a stake... Read more