Financial Services
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Finance
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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Finance
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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Trends
Bleckwen raises $10 million to detect payment fraud with AI
Bleckwen, a cybersecurity firm developing fraud detection and prevention systems for banks and financial technology companies, today emerged from stealth…
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Finance
Step raises $22.5M led by Stripe to build no-fee banking services for teens
The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up…
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Finance
Partnering with Visa, emerging market lender Branch International raises $170 million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a…
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Finance
Stock markets suffer their worst Christmas Eve trading day
Twas the last trading day before Christmas, and on the trading floor, Most stocks were falling, and then falling some…
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Finance
How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants
360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a…
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Payment service Toss becomes Korea’s newest unicorn after raising $80M
South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has…
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