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Solarvest partners Finhero to launch Vietnam’s first solar financing Fintech solutionSolarvest Holdings Berhad (Solarvest), a Malaysia-based clean energy firm, has partnered Malaysian fintech firm Finhero, to officially launch its Powervest solar financing program in Vietnam to support clean energy transition among Vietnamese businesses. The launch represents a significant step in Solarvest’s regional expansion, Solarvest said in a statement on Tuesday. It is noted that...0 မှတ်ချက်များ 0 ရှယ်ယာများ 1K မြင်ကွင်းများ 0 Reviews
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Temasek-backed blockchain FinTech firm Partior welcomes Deutsche Bank as strategic investorPartior, a Singapore-based blockchain-based fintech for real-time clearing and settlement, announced Wednesday that Deutsche Bank has joined its Series B funding round as a strategic investor, bringing the total investment to $80 million. This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024...0 မှတ်ချက်များ 0 ရှယ်ယာများ 1K မြင်ကွင်းများ 0 Reviews
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Tencent’s operating profit climbs 19%, fueled by gaming and fintech gainsGame titles like Honor of Kings and Valorant remain key drivers of Tencent’s growth. Chinese tech giant Tencent posted solid Q3 2024 financial results, reflecting its adaptability and growth across key sectors. The company’s unaudited report for the quarter ending September 30 showed year-on-year (YoY) growth in revenue, profit, and user metrics, underscoring Tencent’s focus...0 မှတ်ချက်များ 0 ရှယ်ယာများ 1K မြင်ကွင်းများ 0 Reviews
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Buy Now Pay Later market in Southeast Asia set to exceed $50B by 2027 – reportAccording to UnaFinancial’s estimates, by 2023, BNPL had been adopted by 20.6 percent of adults in Southeast Asia. In Singapore, its adoption reached 31.3 percent, in the Philippines – 27 percent, and in Malaysia – 24.4 percent. Indonesia, Vietnam, and Thailand follow, with approximately one-fifth of adults in each country opting for BNPL. Collectively, the Philippines and...0 မှတ်ချက်များ 0 ရှယ်ယာများ 1K မြင်ကွင်းများ 0 Reviews
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Global Insurtech firm discovermarket expands into Latin America, launching in Brazildiscovermarket, a Singapore and Switzerland-headquartered Insurtech company, has announced on Wednesday its official launch in Latin America, beginning with the establishment of a legal entity in Brazil. With this expansion, discovermarket aims to transform the future of embedded insurance in the region by bringing innovative insurance solutions, technology, and expertise to Latin...0 မှတ်ချက်များ 0 ရှယ်ယာများ 531 မြင်ကွင်းများ 0 Reviews
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KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund IIIHong Kong-headquartered KPay Group (KPay), a one-stop financial management and business operations platform, announced on Tuesday the completion of its first institutional funding round, raising a record $55 million, the largest Series A globally in the payments sector in 2024. This landmark investment was led by Apis Growth Markets Fund III and Apis Global Growth Fund III (both of which Apis...
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Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast AsiaSoutheast Asia’s digital financial services platform, Atome Financial has secured a syndicated credit facility of up to $200 million, which is being led and arranged by Hongkong and Shanghai Banking Corporation Limited (HSBC). The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore...0 မှတ်ချက်များ 0 ရှယ်ယာများ 1K မြင်ကွင်းများ 0 Reviews
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Singapore’s Capital C secures seven-figure investment in Pre-Series A fundingSingapore-based fintech services provider Capital C Corporation has secured a seven-figure sum in a pre-series A funding round from Phillip Private Equity, Azure Capital, and high-net-worth individuals. The strategic raise will go towards scaling Capital C’s expansion into new Southeast Asian markets, as well as the development of a super app designed to expand access to credit...0 မှတ်ချက်များ 0 ရှယ်ယာများ 2K မြင်ကွင်းများ 0 Reviews
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Singapore’s KAST secures $10M in seed round led by HSG, Peak XV PartnersKAST, a Singapore-based financial-technology platform built on stable coins, has raised $10 million in seed funding. The round is led by HongShan Capital Group (HSG) and Peak XV Partners, KAST said in a statement on Wednesday. A number of high-profile angels, partners of DST Global, and Goodwater Capital also joined the round. “For most countries and over half of global gross domestic...0 မှတ်ချက်များ 0 ရှယ်ယာများ 209 မြင်ကွင်းများ 0 Reviews
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