The largest fundraising in the digital corporate cost management sector during the year. NewsChina’s online cost management platform Ekuaibao bags USD 50 million in Series C, C+1 min read
The company says it has sufficient cash and assets to protect its rights. News51 Credit Card under police investigation for violent loan collection practices, denies data theft3 mins read
The Philippines was the fourth-highest remittance recipient globally at USD 34 billion in 2018. NewsJapan-based fintech DWC taps into the Philippines’ e-wallet business by acquiring fintech firm Speed Money Transfer 1 min read
After its shares dived nearly 35%, the company requested the Stock Exchange of Hong Kong to halt trading temporarily. NewsPolice storm China’s largest online credit card manager 51 Credit Card2 mins read
True Balance allows users from tier 2 and 3 cities to check their mobile balance without internet. NewsKorean investors put in USD 23 million in SoftBank-backed Indian fintech company True Balance2 mins read
The increase was largely driven by investments in payment and lending startups, alongside insurtech. NewsSingapore’s fintech investments touch USD 735 million in first 9 months of 20192 mins read
Paytm competes with the likes of Walmart-owned PhonePe, Google Pay, and Amazon Pay. NewsAlibaba-backed payment company Paytm to raise USD 2 billion3 mins read
Ovo’s transactions grew more than 27 times from May 2018 to August 2019. InsightsIndonesia’s newest unicorn Ovo says it now has more active users than credit card companies3 mins read
