MICT muscles into Chinese fintech market
MICT is hoping to tap the Chinese fintech market with the acquisition, for $26m, of a proprietary trading technology platform which is designed, it hopes, to serve a large number…
Share
Posts by month
April 2020
14 posts
Visa backs Neat
Visa was amongst a number of backers who have just shelled out some money for Neat. Neat, which describes itself as a fintech alternative to banks, raised US$11m in Series…
Share
Rapyd offers most payout methods in Asia
Rapyd now claims to offer more payout methods in Asia than any other payout platform. It comes at a time when the global disbursement market is expanding quickly worldwide, notably…
Share
NIUM offers funds pathway into China
Customers of Singapore-based fintech NIUM will now be able to send funds directly to a receiver’s UnionPay card account with 14 Chinese banks in real-time and another 50 banks within…
Share
APAC B2B payments market to double despite risk and concerns
Despite geopolitical risk for cross-border B2B payments and security concerns over digital payment methods, revenue from the Asia-Pacific (APAC) B2B payments market is estimated to double, reaching $1,356.28bn by 2025…
Share
Pintect sets dial to warp factor six
Pintec is a fast-growing APAC fintech. You might not have known that, had it not been for the 2020 update of the FinTech Fast 101 research, released by IDC Financial…
Share
Cross River Bank sets sights on Asia
Shefa Capital has partnered with V Capital Investments to lead the Series C PRE IPO US$100m investment in Cross River Bank (CRB). The deal was announced in Kuala Lumpur, Malaysia,…
Share
Global shift to digital is imminent says Airwallex boss
In sentiment that will resonate with all fintechs, the CEO of Airwallex has said that the global shift to digital is imminent. Jack Zhang, CEO and Co-founder of Airwallex, was…
Share
Three super deals save VCs blushes in Asia
Three huge VC investments saved the day as deal flow in Asia ebbed to a 12-quarter low in Q1 2020. The figure of $16.5bn was buoyed by three super deals:…
Share
Visa and Global Brain back Railsbank
Visa and Global Brain have both made investments in Railsbank. The payments giant and Japanese based VC join existing investors Moneta Capital, CreditEase, Clocktower Technology Ventures, Singapore Life and Firestartr.…
Share