Fintech

The firm recently obtained the fund transfer license from the Central Bank of Indonesia.

Paytm typically invests USD 28 million to 35 million every year in acquiring or investing in technology companies.

The new data center will allow fintech companies to verify and check candidates applying for a loan.

Cube Wealth provides a bouquet of investment opportunities and a wealth coach to guide investors.

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.