NewsAlibaba faces anti-monopoly probe by Chinese regulatorAlibaba is bearing the brunt in a new campaign targeting influential Chinese tech giants. 2 mins read
As of November, Funding Societies claims to have given out more than SGD 1.8 billion (USD 1.4 billion) across 3.3 million loans. NewsSingapore’s Funding Societies raises investment from Samsung’s VC arm2 mins read
To date, Helicap has facilitated around USD 40 million in alternative lending to more than 150,000 SMEs and individuals. NewsSingapore’s Helicap partners Credit Saison to help low-income borrowers and micro-entrepreneurs: CEO1 min read
Agritech startups in India bagged USD 532 million as of April 2020. NewsIndian agritech startup Arya raises USD 21 million2 mins read
Regulators reportedly reached out to the leasing firms Ziroom and 5i5j, as well as China Construction Bank to explore if they can take over Danke’s business. NewsTrouble grows for Danke as WeBank delays payments for evicted tenants2 mins read
Kredivo plans to serve more than 10 million financially underserved customers in Indonesia in the next few years. NewsIndonesian Kredivo closes its largest credit line, plans to tap healthcare and student loans2 mins read
China is willing to work with other countries to seize the historical opportunities of the information revolution: President Xi. NewsEvolving regulations improve growth and sustainable development, Alibaba CEO says2 mins read
True Balance offers services like utility bill payment, insurance, lending, and an e-commerce marketplace. NewsTrue Balance receives USD 28 million from SoftBank and Daesung2 mins read
The firm is one of the few companies providing revenue-based financing in Southeast Asia. InsightsJenfi provides growth-focused funding for small businesses3 mins read