Tag "SMEs"
Vietnam’s SMEs Get a Boost from Digital Lending
Even as much of the world experienced recessionary economic winds, the Vietnamese economy continued to be robust, even recording growth out of a dour 2022. Part of that resurgence in Vietnam was a strong import-export boom, and now positive digital
Read More
Fintech Deals See a Downturn Amid COVID-19 Health Crisis
Fintech investment and M&A deals saw a sharp downswing in March due to the COVID-19 outbreak, according to a new report by investment bank Houlihan Lokey. In March, North America and Europe recorded 28 M&A deals in the fintech sector,
Read More
Asian Development Bank Report Suggests That Blockchain Can Help SMEs Gain Funding
Digital innovation and in particular blockchain technology can increase small business access to finance, according to a new study by Asian Development Bank. In a report, titled Fintech for Asian SMEs, ADB explores how technologies such as distributed ledger technology
Read More
Travelstop Targets Fintech SMEs with Business Travel Management Platform
Co-founded by former Expedia employees, Singapore-based Travelstop is a modern, artificial intelligence (AI) powered SaaS platform that simplifies business travel, automates expense reporting for businesses in Asia, and offers insights to business owners. The platform is quickly gaining traction from
Read More
PH Fintech Startup First Circle Raises $26m, Launches Credit Facility For SMEs
Philippine-based fintech startup First Circle has raised fresh investments of $26 million (P1.5 billion) in a Series A round led by Venturra Capital even as it launched a new credit facility backed by the Department of Trade and Industry (DTI),
Read More
Acudeen Completes $35M Digital Token Sale
Philippine fintech startup Acudeen Technologies Inc announced a sold out of its digital coin offering the ACU Token on Sunday, June 10, raising up to $35 million. Held in Singapore, Acudeen’s token sale was a global one and is designed
Read More
Fundaztic to fill the RM80 Billion Funding Gap to SMEs: Malaysian P2P Lending Platform
Fundaztic.com made its debut on the peer-to-peer (P2P) financing platform with a low entry barrier investment of RM50 (12USD), and is now expecting to draw investors to fund more than 500 micro and small and medium-sized enterprises (SMEs), and startups within
Read More
Funding Societies Launches FS Bolt – Claims to Be Fastest Working Capital Loan Provider in Singapore
Funding Societies, Singapore’s digital lending startup, has announced the launch of FS Bolt – a mobile application to provide flexible working capital loans for local SMEs. With minimal document submission and an application process that takes merely two minutes to
Read More
Singapore P2B Invoice Financing Platform SmartFunding Secures Seed Funding
SmartFunding, a platform that provides small and medium businesses (SMEs) alternative financing solutions, secures SG$700,000 in seed funding. The Peer-to-Business invoice financing platform bridges the SME funding gap by allowing SMEs to sell their yet-to-be-paid invoices to investors who want
Read More
What Asia Can Learn From Africa To Succeed in Fintech For Unbanked?
Facebook is currently considering acquiring mobile money giant M-Pesa in Kenya. One month ago Visa payments network introduced a mobile-phone application to enable cashless transactions in Kenya too. The mVisa app will initially facilitate transactions for people with accounts at
Read More