Lending
Experian and Standard Chartered to Bolster Credit Decisioning With Machine Learning
Experian, a consumer financial data service provider, has partnered with Standard Chartered to drive financial access across key markets in Asia, Africa and the Middle East by leveraging the “latest technology innovation” in credit decisioning. Without enough credit bureau data
Read More
Validus Makes Waves as First Fintech in Singapore’s Enterprise Financing Scheme
Validus, peer-to-peer (P2P) lending platform for SMEs, is Singapore’s first fintech to be approved as a Participating Financial Institution (PFI) under Enterprise Singapore’s Enterprise Financing Scheme. This is the first time that a fintech has been onboarded under the scheme,
Read More
IFC Acquires Stake in Collectius To Launch US$60M Investment Platform
Collectius, a credit management servicing company, will launch a US$60 million regional investment platform with IFC, a member of the World Bank Group who has also become a minority equity shareholder in the company. The platform is solely dedicated to
Read More
hoolah Launches Buy Now Pay Later Solution for Physical Stores in Singapore
Singapore-based hoolah extended Buy Now Pay Later to an in-store solution that offers consumers the option of completing their purchases in three separate 0% interest monthly payments. This solution helps merchants solve some of their biggest challenges around driving conversion
Read More
Funding Societies Appoints Ex-GoBear Co-Founder as CFO
P2P financing platform Funding Societies, announced today, key additions to its executive team including former GoBear Co-Founder, Frank Stevenaar as its first Chief Financial Officer. Frank will be overseeing Funding Societies’ finance operations, boosting its fundraising efforts, and strengthening its
Read More
Credit Suisse-Backed Tradeplus24 Partners in Australia for SME Loan Offering
Credit Suisse-backed and SME focused fintech Tradeplus24, has joined the Australian Finance Group’s panel of finance providers to offer its loan product. AFG is an Australian mortgage broking group, with 2,975 finance brokers that work with close to 7,500 Australians
Read More
Grab Expands Suite of Financial Product to Include Micro-Investment Platform
Grab Financial Group (GFG), the fintech arm of Grab today announced the launch of a suite of financial products. The three main products GFG is launching under their new strategy dubbed as ‘Thrive with Grab’ are a micro-investment platform named
Read More
OVO’s P2P Lending Arm Taralite Secures License from Indonesia Financial Services Authority
OVO , a leading payments and financial services app in Indonesia, announced that its lending arm, Taralite, a peer-to-peer (p2p) lending services provider, has obtained a business license from the Indonesia Financial Services Authority (OJK). This decree elevates Taralite from
Read More
AsiaCollect Completes US$ 6M Series Funding; Rebrands to Flow
Previously known as AsiaCollect, Flow, the credit management company announced today its Series A funding of US$6 million. The round is led by global institutional investors DEG, a development finance institution and a subsidiary of KfW Group of Germany; Dymon
Read More
P2P Lender Validus Raises US$20 Million in Series B+ Round Led by Vertex Growth
Validus, a SME financing platform that is also present in Indonesia (Batumbu) and Vietnam (Validus Vietnam), has successfully raised over US$14 million, with US$20 million in committed capital in its ongoing Series B+ funding round co-led by Vertex Growth Fund
Read More