NewsPayment company PhonePe raises USD 88 million from its parent FlipkartIn September this year, PhonePe was valued at USD 7 billion by Morgan Stanley. 2 mins read
Ant Financial’s Alipay is valued at over USD 150 billion and is now expanding quickly outside of China. NewsHow Alipay is killing cash in China, and wants to take the world stage6 mins read
The limit for an individual to invest has been increased to USD 70,000. Q&AAs India increases lending limit, P2P companies hope for more riches to invest5 mins read
Grab aims to make GrabPay a “truly ASEAN wallet.” NewsGrab launches first GrabPay Card in Singapore to further push financial services1 min read
Currently, the service is present in 10 states which will soon be available pan India. NewsXiaomi India strengthens its financial services play with a lending app3 mins read
Even with a strong backer, China’s first digital bank needs to stand more firmly on its own feet. NewsTencent-backed WeBank partners with China Mobile fintech division to lure new users1 min read
The feature will officially launch sometime this month, CEO says. NewsLinkAja to launch PayLater feature in partnership with Kredivo1 min read
The company plans to take its business and services to nearby Southeast Asian countries. NewsIndonesia’s Kredivo raises USD 90 million in Series C round2 mins read
OVO will raise funding in 2020, and it will focus on expanding into lending, online investing, and digital insurance services. Q&AOvo CEO Jason Thompson talks company strategy, investments, and rumors7 mins read
NewsDeals in brief: RushOwl and Zuzu raise funding, Airwallex acquires OpenPay, nine new China investments, and more