Tag: Tencent

PayPal-backed ride hailing and e-wallet company Gojek has paid $200m for a 22.1% stake in the Indonesian bank Jago.

Italian mobile payments startup Satispay has netted €93m in a Series C round, bringing the total capital injected into the venture since its 2013 launch to €110m.

Airwallex, the Australian real-time payment unicorn, has confirmed that it is raising new investments as $18.2m of its funds remain frozen in Hong Kong due to alleged fraud.

Waterdrop, a China-based online insurance platform, has reportedly netted $230m in a new funding round.

The micro-transaction market is set to skyrocket in the next ten years because more people turn to gaming as part of them coping with the coronavirus, according to new research.

German challenger bank N26 has extended its Series D round with another $100m to strengthen its position in the days of COVID-19.

Australia-based payments company Airwallex has closed its Series D round on $160m, which will help it continue its global customer acquisition and licensing efforts.

Mobile payments company Lydia has scored €40m in its Series B round which was led by Tencent.

A new partnership between Tencent and UnionPay will see them integrate QR codes in their offerings.

PolicyBazaar has reportedly received an investment from Chinese technology firm Tencent, which values the InsurTech at $1.5bn.