Fintech

WhatsApp has said it’s in the process of complying with the local laws, but so far India is not impressed by the efforts.

LinkAja is aggresively trying to reach more customers by partnering with more tech platforms, and state-owned companies.

Users can get loans up to RMB 200,000 (USD 28,644) at a daily interest rate as low as 0.05% in minutes.

The country’s central bank previously asked third-party payment platforms to clear obstacles preventing international tourists to use their mobile payment services.

Vietnam has a USD 21 billion financing gap and is Validus’ second location outside of Singapore.

The integration has been tested with a number of financial services companies including BNP Paribas, Citi, Deutsche Bank, and Goldman Sachs.

International visitors had cited not being able to use their mobile phones to make payments as a major annoyance.

The company has collected a total of USD 13.6 million in its Series B and B2 round.