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Tag: FinTech News Asia

FinVolution expands into Pakistan with Daira launch

AI Laura M -
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan. Daira offers low-interest, flexible...

HSBC India partners with Open Financial Technologies to launch FinConnect for business clients

Banking Laura M -
Key Points: Partnership Objective: Simplify payment processes for HSBC's business customers in India. New Offering: Launch of HSBC's FinConnect...

Turkey’s Colendi reportedly raises $65m Series B funding led by Citi

Banking Laura M -
Company: Colendi, a Turkish digital banking start-up. Funding: Raised $65 million in a Series B round. Lead Investor:...

Turkish challenger Papara reportedly set to acquire digital wallet fintech SadaPay

Banking Laura M -
Turkish challenger bank Papara is reportedly set to acquire SadaPay, a digital wallet provider based in Pakistan, in...

Raqami Islamic Digital Bank in Pakistan partners Codebase Technologies for Digibanc platform

Banking Laura M -
Raqami Islamic Digital Bank in Pakistan has selected Codebase Technologies to power the launch of its Shariah-compliant digital...

India’s RBI orders Paytm Payments Bank to halt banking services by end of February

Banking Laura M -
The Reserve Bank of India (RBI) has directed Paytm Payments Bank to cease accepting deposits, providing credit services,...

India’s M2P Fintech acquires Goals101 to tap AI-led transaction behaviour intelligence

AI Laura M -
Acquisition Details: M2P Fintech, based in Chennai, India, has acquired Goals101 for approximately $30 million (INR 250 crore). ...

Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms

Banking Laura M -
Fintech Repository and Cloud Facility: RBI plans to establish a fintech repository and a new cloud facility. Fintech...

Fintech unicorn Slice to merge with India’s North East Small Finance Bank

Banking Laura M -
Indian credit card fintech Slice has received approval from the Reserve Bank of India (RBI) to merge with North...

AlphaSense lands $150m Series E funding at $2.5bn valuation

AI Laura M -
AlphaSense, an AI-powered market intelligence platform, has raised $150 million in Series E funding, led by Bond, bringing its...

Bright Money lands $62m debt and equity funding

AI Laura M -
US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank...

Pakistan’s latest challenger HugoBank gains preliminary approval

Banking Laura M -
Pakistani challenger HugoBank receives preliminary approval for its Digital Retail Banking (DRB) license from the State Bank of Pakistan...

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Headlines

Revolut Introduces Street Mode to Combat Transfer Mugging

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A new feature aimed at enhancing user safety during...

Deutsche Börse’s $5.5 Billion Bid for Allfunds: Implications for Fintech

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Exploring Deutsche Börse's strategic acquisition and its impact on...

Nevis Secures $35M to Revolutionize AI in Wealth Management

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Funding aims to enhance personalized investment strategies through advanced...

South Korea’s NH Nonghyup Bank Tests Blockchain for Cross-Border Payments

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Exploring innovative solutions in international banking transactions. Highlights: NH Nonghyup...

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