Tag "Tencent"
Primer Raises Funds from Tencent for Global Expansion, Product Innovation
Primer, a unified infrastructure for global payments and commerce, announced that it has raised funds from Chinese internet giant Tencent. Details of the fundraise was not disclosed. The company said that it would use the fresh funds to focus on
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Wise Ties up With Tencent for Remittance to China Through Weixin
Wise, an online money transfer service, announced a partnership with Tencent Financial Technology which will enable international money transfers to China through Weixin. Weixin is the mainland Chinese version of WeChat that is owned and operated by Tencent. With this
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Aleta Planet Partners Tencent to Offer Remittance From Singapore to China
Singaporean payments service provider Aleta Planet has partnered with Tencent Financial Technology to enable local residents to remit money to Weixin users in China. Aleta Planet said that this is the first time Tencent Financial Technology has partnered with a
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Tencent Partners NUS’ Asian Institute of Digital Finance to Bolster Fintech Innovation
Chinese internet giant Tencent announced at the Singapore Fintech Festival 2021 that it will be partnering with the Asian Institute of Digital Finance (AIDF), an institute within the National University of Singapore (NUS) that is jointly founded by the Monetary
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PayMaya’s Parent Company Secures US$ 120 Million from Tencent, IFC, KKR and PLDT
PLDT, a major telco player from the Philippines, KKR, a Global investment firm, Tencent, the China-based internet giant, and IFC, a member of the World Bank Group announced the signing of agreements which will see the parties commit up to
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Temasek and Tencent to Invest US$35 Million in TrueLayer
Tencent and Temasek is set to invest US$ 35 Million in UK-based open banking startup True Layer’s US$40 Million Series B round. This fresh round of funding brings the startup’s total funding to US$ 51.8 Million, according to Crunchbase. Temasek’s
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Singapore is Now Considering Virtual Banking Licenses Too—Here’s Why
The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless, it’s gotten a lot of attention. To date, four licensees will be ready to go to market before the year
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8 Regulations That Could Shape Fintech in Asia This Year
Asia Pacific regions are somewhat disjointed when it comes to banking and fintech-related regulations, with countries like China moving towards more region-specific and refined rules, while countries like Thailand and Indonesia are still trying to introduce basic, yet important regulations to help
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PLDT’s Voyager Seals US$40M Investment from IFC
Voyager Innovations, the fintech arm of the Philippines’ top digital telecommunications firm PLDT Inc, has sealed a US$40 million investment from International Finance Corp (IFC), and IFC Emerging Asia Fund with both acquiring a minority stake in the company. Voyager
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PH Fintech Firm Voyager Gets $175m Investment From KKR, Tencent
Global investment firm KKR, and China-based internet services provider Tencent Holdings Ltd separately acquired a substantial minority stake worth $175 million in Philippine-based fintech company Voyager Innovations, marking the largest investment to date in a Philippine technology company. The latest
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