Business
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PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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Sony announces a new $185M fund to invest in tech startups
Sony is doubling down on the world of startup investment. The Japanese tech giant announced a new fund that is…
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Kyash, a would-be challenger bank in Japan, raises $14M
The new era of tech-enabled banks is coming, even in regulation-heavy Japan. Kyash, a fintech company with visions on becoming…
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Kabbage secures $200M to fuel its AI-based loans platform for small businesses
Kabbage, the AI-based small business loans platform backed by Softbank and others, is adding more firepower to its lending machine:…
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UK fintech Jaja pays $671M in cash to acquire the Bank of Ireland’s UK credit card business
Fintech has been one of the bigger stories of the UK startup world — due in no small part to…
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Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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South African SME finance startup Lulalend raises $6.5M Series A
South African digital lender Lulalend has raised a $6.5 million Series A round co-led by IFC and Quona Capital. The…
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Indonesia’s KoinWorks raises $12 million to grow its P2P SME lending platform
KoinWorks, an Indonesian startup that helps small and medium-sized businesses secure financial services through its online peer-to-peer platform, has raised…
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Razer goes big on payments with Visa prepaid card
The latest pairing between a tech upstart and a financial titan is a digital prepaid card targeted at Southeast Asia’s…
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