Lending

Validus And Lighthouse Canton Launch a S$ 20 Million SME Singapore Financing Fund

Validus Capital and Lighthouse Canton Group today launched the LCV Trade Finance Fund of initial asset size S$20 million (to scale up to S$200 million) dedicated towards financing SMEs in Singapore. Validus is a Singapore-based MAS-licensed entity focused on bridging

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P2P Lending Platforms in Philippines Rising

As majority of the Philippine population remains to be unserved and underserved by banks, the launching of digital peer-to-peer (P2P) lending platforms in the country have been consistent for the last four years. The P2P method is touted as a

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New Singapore Lending Player: Helicap Funded by Former Minister of State

Helicap, a FinTech start-up operating in the fast-growing alternative lending space in South-East Asia and Australia, announced that it has successfully closed US$1.5 million in seed money. The round is led by Singapore’s former Minister of State and the Chairman

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Lendr Records Double Digit Growth in Philippines, Over $500 Million Loans Disbursed

FintQ the financial technology arm of Voyager Innovation, projects that loans processed through digital platforms will grow faster as more borrowers find it convenient and lending companies benefit from lower costs. This statement was made on the back of loan

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Ip2pGlobal – Answering the Personal Financing Demand of Both Borrowers and Lenders

There may be many peer-to-peer lending platforms out there offering to match individual borrowers and lenders. However, there is still yet a platform that meets the demand that both borrowers and lenders are seeking for. Borrowers are seeking for a

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Singapore Fintech Association Unifies Crowdlending Platforms

The Singapore Fintech Associationannounces the launch of the Marketplace Lending committee in response to the rapid growth in the sector. The SFA subcommittee is dedicated to ensuring the local crowdlending industry is a trusted, credible and viable mode of financing for

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Funding Societies Raises $25 Million Series B Funding. Largest P2P Lending Funding in SEA

Leading peer-to-peer lending platform Funding Societies (also known as Modalku in Indonesia), has raised USD 25 Million in Series B funding. Led by Softbank Ventures Korea, the funding round also includes existing investors Sequoia India, Alpha JWC Ventures (Indonesia) and

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Singapore FinTech appoints former StanChart Singapore Chief Executive as Chairman

Singapore-based FinTech start-up, Minterest announces the appointment of Mr. Lim Cheng Teck as Chairman of the Board of Directors at Minterest. Mr. Lim retired as ASEAN Vice Chairman of Standard Chartered Bank in May 2017. He was with the bank for over 28 years

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Instant Personal Loan Fintech Apps are Mushrooming in Indonesia

If you need quick money at the end of the month because you’re waiting for your paycheck, or if you urgently need to pay a medical bill, applying for a conventional loan takes too long to process. In Indonesia, that’s

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New Peer-To-Peer Lending Players In Vietnam

A new company called Lendbiz was recently set up in Hanoi. The company offers a peer-to-peer lending platform targeted at small and medium-sized enterprises (SMEs) in Vietnam. Lendbiz joins other peer-to-peer lending platforms in Vietnam such as Timma, Vaymuon and

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