Tag "lending"
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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Indonesia Gets Yet Another Mobile Lending Startup Backed by Hong Kong’s WeLab
Astra International, through a subsidiary and China-based lending company WeLab has just banded together to launch a joint venture in Indonesia focused on the nascent and still lucrative lending scene. Named AWDA (PT Astra WeLab Digital Arta), the joint venture
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Why Go-Jek Got Its Eye (and Business) on Peer-To-Peer Lending in Indonesia
Go-Jek, Indonesia’s unicorn darling just announced that they will be partnering with peer-to-peer (P2P) lending firms Findaya, Dana Cita and Aktivaku.to which marks them as yet another ride-hailing giant dabbling in financial services. The company’s decision to join the lending
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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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Top 100 Financial Inclusion Companies According to IFC
Through innovative business models, products and use of cutting-edge technologies such as artificial intelligence (AI), Big Data, digital identity and the Internet-of-Things (IoT), fintech companies are making significant progress in promoting financial inclusion, according to a new report co-authored by
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Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?
Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a established home-grown accounting firm, will refer promising SMEs
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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
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Filipino Fintech Startup Brings Pawnbroking to the Digital Age
Aimed at solving the problem of expensive credit and interest in emerging countries, PawnHero has launched the first pawnshop operating in Southeast Asia that doesn’t have an actual physical outlet. In the Philippines, over 70% of the population has visited
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An Introduction To Fintech
Fintech, an abbreviation for financial technology, is most certainly one of the hottest new trends in the digital age. Why? Well, because it comes with the promise of radically changing the way we live and conduct business. These fintech firms
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