NewsPayfazz and Xfers form Fazz Financial Group to take on Gojek and GrabThe new group is targeting the 290 million unbanked in Southeast Asia. 2 mins read
The company was founded by former Ant Group employees. InsightsXTransfer simplifies cross-border payments for exporters | Inside China’s Startups4 mins read
The regulator intends to bring down the leverage ratio of Chinese fintech companies. NewsChina issues new online loan rules to lower financial risk2 mins read
With this round, KreditBee’s parent company Finnov has cut down the shareholding of its existing Chinese backers from 40% to 10%. NewsIndian lending startup KreditBee bags USD 75 million from PremjiInvest, Mirae Asset Venture2 mins read
Ant Group’s valuation is estimated to fall by more than half after the business overhaul. NewsAnt Group restructures into a financial holding company, explores IPO revival3 mins read
India recently announced a seed fund with a corpus of USD 136 million. NewsIndia’s FY22 budget gives a leg-up to digital payments, brings tax relief for startups5 mins read
More digital companies dump new businesses under government pressure. NewsChina’s Big Tech crackdown drives Meituan out of health coverage2 mins read
Nationwide distance-learning measures have increased educational expenses. NewsStudent loan startup Pintek nabs debt funding, plans sharia products2 mins read
BharatPe plans to raise USD 500-700 million in venture debt over the next two years. NewsIndia’s digital payment startup BharatPe raises venture debt from Innoven Capital2 mins read
