Fintech

The company will use the money to increase its loan book to USD 700 million.

Poor performance of some of the big tech companies has seeded the idea of course correction in India.

Following ‘s footsteps, will issue up to five digital bank licenses.

The ASEAN Financial Innovation Network is present in 21 countries and the next step is going beyond Southeast Asia.

Some big players have larger plans for the region, but they need to serve unmet financial needs in first.

WhatsApp Pay has still not got the nod from India for its UPI-based payment service.

The company may be expanding to lend money to SMEs as well.

The P2P platform folded in 2016 after collecting over USD 9 billion from investors.