Tag: digital finance
Enhancing MSME support in Southeast Asia: Funding Societies lands $100m from...
Funding Societies, Southeast Asia's largest digital finance platform for micro, small and medium enterprises (MSMEs), announced a new milestone today with the signing of its third credit facility under the HSBC ASEAN Growth Fund.
Indian FinTech deal activity dropped by 43% in H1 YoY as...
Key Indian FinTech investment stats in H1 2024: Indian FinTech deal activity decreased by 43% YoY
Average deal size increased from $12.7m to $16m...
The role of KYC in enhancing crypto wallet security and market...
Ever wondered why crypto wallets require your details during setup? This verification process is not just a formality; it's crucial for security.
Maybank invests in Funding Societies to drive MSME digital finance in...
Maybank, which serves over one million small and medium enterprises (SMEs) across ASEAN, announced today a significant investment in Funding Societies | Modalku, Southeast Asia's foremost unified digital finance platform for micro, small, and medium enterprises (MSMEs).
Capitalize boosts digital rollover capabilities with $19m Series B funding
Capitalize, a pioneering platform designed to assist consumers and financial institutions with digital transfers of retirement assets, has successfully secured $19m in Series B funding.
Ascend Money raises $195m to drive financial inclusion in Thailand
Ascend Money, Southeast Asia's homegrown FinTech company, has successfully secured a significant investment totalling $195m.
Cloud-based finance leader AccountsIQ secures €60m Series C investment
AccountsIQ, a prominent player in the cloud-based accounting software arena, has successfully closed a €60m Series C funding round.
Enhanced reporting and audit powers: A deep dive into Canada’s federal...
On 16 April 2024, Chrystia Freeland, deputy prime minister and federal finance minister, unveiled the Canadian Federal Budget for 2024-2025. This budget introduces pivotal...
Japanese FinTech deal activity sees a trend defying 21% uptick in...
Japanese FinTech investment stats in 2023:
• Japanese FinTech investment totalled at $212m in 2023, a 52% drop from 2022
• Japanese FinTech deal activity reached...
DMI Group acquires ZestMoney in fire sale
The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.