Lending
Validus Names Vineet Agarwal as New Singapore CEO
Southeast Asian SME financing platform Validus announced that it had named Vineet Agarwal as CEO of Validus Capital in Singapore, effective 1 August 2023. He succeeds Jayanta Roy who is retiring. Vineet joined Validus in January 2022, where he led
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Vietnam’s Earned Wage Access Firm GIMO Raises US$17.1M to Fuel Expansion
Vietnam-based earned wage access startup GIMO announced that it has closed its US$17.1 million Series A funding round five months after the company secured US$5.1 million in the first close. The final closing comprised both equity and debt financing. The
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Key Features of a Robust Microfinance Software
Microfinance lending software is a powerful and specialized tool that supports lenders in effectively managing their microfinance operations. With a focus on simplifying the lending process and addressing the specific requirements of borrowers, this software provides a variety of critical
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Opn Offers Flexible Payments in Malaysia, Singapore With Atome Partnership
Opn, formerly known as Synqa and Omise, announced that its online payment platform has started offering flexible payments in Malaysia and Singapore through a partnership with Buy Now Pay Later (BNPL) firm Atome. Retailers utilising Opn Payments can tap into
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StanChart and Atome Form First-Of-Its-Kind Lender of Record Partnership
Standard Chartered announced that it has formed the first-of-its-kind Lender of Record partnership in Singapore with buy now, pay later (BNPL) firm Atome to co-create and offer a wide suite of mobile-first consumer payment solutions and financial services. This is
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EWA Firm Paywatch Expands to Indonesia With Bank KB Bukopin Partnership
Earned Wage Access (EWA) service provider Paywatch has expanded its footprint to Indonesia with a partnership with Indonesia’s Bank KB Bukopin. The firm joins the growing EWA landscape in Indonesia with its rivals GajiGesa and Wagely. Paywatch is one of
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Next Capital Goes Live With Lending Products on Mambu’s Platform in 4 Months
Thailand’s technology-driven auto leasing company Next Capital partnered with cloud banking platform Mambu to launch a new suite of lending products in just four months. Next Capital went live on Mambu’s cloud banking and lending platform without the need to
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finbots.ai Partners Sathapana Bank to Make Foray Into Cambodia
Cambodian commercial bank Sathapana Bank has partnered with finbots.ai, an AI-powered credit scoring software provider backed by Accel, to bolster its credit risk management. With finbots.ai’s AI- led credit modelling platform credit, Sathapana Bank will be able to better assess
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Indonesian Credit Scoring Firm Skorlife Raises US$4 Million Seed Funding
Indonesian credit scoring firm Skorlife has secured US$4 million in a seed funding round led by Hummingbird Ventures and joined by QED Investors, AC Ventures, and Saison Capital. Skorlife had previously raised a US$.2 million pre-seed round in September 2022
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Atome’s BNPL Payment Option Now Available for Amazon Singapore Shoppers
Atome, Southeast Asian buy-now-pay-later (BNPL) platform, announced that its flexible payment option is now available for Amazon customers in Singapore during checkout. This is Amazon’s first BNPL partnership of its kind in Southeast Asia. Amazon.sg customers can now pay using
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