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INDONESIA FINTECH LOANS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...- Japan's megabanks are flush with cash and hunting overseas deals. On their radar? India.Flush with record profits and cash from divestments, Japan's megabanks are aggressively expanding in the US and India. They're targeting In...
- Japan's Credit Saison tastes success in India, to expand loan bookCredit Saison India, under the leadership of Presha Paragash, is leveraging India's unique data infrastructure to expand its loan offerings...
- Indonesia to cap interest on loans given by fintech companiesStarting next year, fintech firms can only charge a maximum of 0.3% interest per day for a loan intended for consumption which will fall to...
- Japan’s MUFG set to buy into DMI Finance with $230 mn investmentIncorporated in 2008, DMI is registered as a non-banking finance company (NBFC) with the Reserve Bank of India (RBI). While it was mainly e...
- Bank rout: Tech is collecting loans in India as global crisis loomsAll kinds of bank and nonbank lenders are heaping credit on household balance sheets even though the consumer economy is fragile: A tiny mi...
- Singapore fintech Kredivo Holdings wins Asia’s largest fundraise at $270 million since SVB’s fallThe fundraising shows that some startups are still finding capital even as the venture industry grapples with rising interest rates, elevat...
- Fintech SaaS firm Lentra raises $60 million in fundingThe Pune-based company is expected to enter Indonesia, Vietnam and the Philippines by March next year and have an international presence ac...
- B2B fintech company FinBox raises $15 millionFinBox plans to use the capital to scale up offerings and expand to the Southeast Asia market.
- India’s digital loan sharks face crackdown as complaints mountBanned apps simply move to third-party platforms such as Aptoide, he said, or advertise through text messages. Consumers sometimes take out...
- Salesforce Ventures makes 'strategic' investment in RazorpayThe "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshil Mathur, the chief executive and ...
- India tops global market in number of finance app installs: AppsFlyerIndia topped the global market in the number of finance app installs
- Razorpay gets $160 mn funding, valuation trebles in less than 6 monthsRazorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. The company is also in the process...
- SE Asia's biggest travel app Traveloka plans regional fintech expansion before 2021 listingTraveloka, which says it has 40 million active monthly users, is developing "buy now, pay later" services for Thailand and Vietnam markets.
- Fintech firms write to Google, demand uniform regulationsOnline lending firms say that Google is acting like a super regulator, seeking details that even the RBI is yet to do. They have written to...
- Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minuteAccording to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commerci...
- Leap Finance raises $5.5 million led by Sequoia IndiaLeading angels including Bhupinder Singh from InCred and Kunal Shah from Cred among others also participated in the funding round.
- MEA issues travel advisory for Sri Lanka, cancellations surgeThe advisory, issued by the external affairs ministry on April 27, said the nationwide emergency and night-time curfews in place will affec...
- Chinese lenders out for a taste of IndiaWhile India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...
- Fintech firms pose no threat to banks in terms of innovative payments solutions. Read whyA couple of years ago, standalone and easy-to-operate wallets such as Paytm, Freecharge, Citrus, and MobiKwik shook up banks by offering hu...
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