Fintech - Asia Tech Wire

Fintech

2024.08.02

08:45

Singaporean fintech firm Aleta Planet to expand into Middle East, Africa

Asia Tech Wire (Aug 2) -- Singaporean fintech firm Aleta Planet has received an investment from UAE consortium National Pulse in order to expand its cross-border payment services business in the UAE, Middle East and Africa.

2024.07.10

07:09

Tencent-backed WeBank plans to invest up to $150 million in Hong Kong

Asia Tech Wire (July 10) -- Tencent-backed online lender WeBank plans to invest up to $150 million in Hong Kong.

2024.05.22

04:24

Ex-HKEX CEO-founded fintech firm announces layoffs

Asia Tech Wire (May 22) -- Micro Connect, the fintech company founded by former HKEX CEO Charles Li, has announced layoffs.

2024.02.26

03:27

HitPay gets in-principle approval for major payment institution licence in Singapore

Asia Tech Wire (Feb 26) -- Singapore-based payment technology provider HitPay has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

2022.04.19

03:56

Ant Group to be payments platform 2C2P's majority shareholder

Asian Tech Press (Apr. 19) -- Ant Group, Chinese e-commerce giant Alibaba's financial affiliate, will become payments platform 2C2P's majority shareholder.

03:29

Pakistan fintech startup Abhi closes new funding round, valued at $90 million

Asian Tech Press (Apr. 19) -- Pakistani fintech startup Abhi Pvt Ltd. closed its latest funding round at a valuation of $90 million.

2022.04.14

08:44

China's top anti-graft watchdog joins probe into SOEs' links with Ant Group

Asian Tech Press (Apr. 14) -- China's top anti-graft watchdog joined a recent probe into links between Jack Ma's Ant Group and the country's state-owned enterprises (SOEs).

2022.03.29

03:52

Ant-backed Philippine fintech unicorn Mynt seeks to expand services before IPO

Asian Tech Press (Mar. 29) -- Philippine fintech unicorn Mynt, backed by Alibaba's financial affiliate Ant Group, seeks to expand its services before starting an IPO.

2022.03.10

07:15

BharatPe co-founder Ashneer Grover probed by India GST authorities for alleged tax evasion

Asian Tech Press (Mar. 10) -- Ashneer Grover, co-founder and former managing director of BharatPe, one of India's fastest growing fintech companies, has been under investigation by the country's GST authorities.

2022.02.21

10:39

Chinese regulators ask banks, SOEs to review links with Ant Group

Asian Tech Press (Feb 21) -- Chinese regulators have reportedly asked major state-owned enterprises and banks to review their financial exposure and other links to Ant Group, Alibaba's financial affiliate.

2022.01.10

10:04

Sequoia-backed fintech startup Pine Labs secretly files for $500 million US IPO

Asian Tech Press (Jan 10) -- Sequoia Capital-backed Indian digital payments provider Pine Labs has secretly filed for a U.S. IPO to raise $500 million, according to Bloomberg.

2022.01.04

08:40

Tencent said to buy stake in UK digital bank Monzo

Asian Tech Press (Jan 4) -- Chinese gaming and social media company Tencent Holdings Ltd has bought a minority stake in Monzo Bank Ltd, a British fintech company valued at more than $4.5 billion.

2021.12.29

05:44

PayPal actively launched acquisitions in Japan to expand its market

Asian Tech Press (Dec 29) -- PayPal CEO Dan Schulman said the company is developing a new growth strategy in Japan, focusing on more investments, partnerships and acquisitions to expand its business in the country.

2021.11.29

05:20

Indian fintech firm Slice raises $220 million to be "unicorn"

Asian Tech Press (Nov 29) -- Indian fintech company Slice announced Monday that it closed a $220 million funding round, at a valuation of more than $1 billion, Bloomberg reported.

2021.11.18

05:57

India's Paytm share price drops

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