Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the addition of a global Fintech unicorn, Nium, as a partner company to HKSTP’s Fintech ecosystem. According to a statement, “Nium is opening its new office at InnoCentre to leverage Hong Kong’s growing Fintech opportunities as well as the huge GBA market potential for seamless…
Ziploan, a New Delhi-based fintech lending platform that provides loans to MSMEs, has announced that it has named of Ashish Goel as Chief Technology Officer. A statement informed, “Before joining ZipLoan, Goel was Co-Founder and CTO at Milkbasket and built its Technology and Product team right from the scratch and scaled it to meet the…
State Bank of India has invested an undisclosed amount in digital payments firm Cashfree. Cashfree is a payment and banking technology company, based out of Bangalore. As a complete payments platform, it claims to help over 50,000 businesses collect and send money. It counts Xiaomi, Tencent, Zomato, Zoomcar, Cred, Club Factory, Shell, Google-backed Dunzo as…
Fintech lender KreditBee has announced that it has secured Rs 60 crore as part of its Series C funding round from SIDBI’s India SME. KreditBee is for self-employed and salaried professional who can apply for a Personal Loan starting from ₹ 1,000 up to ₹ 2 Lakhs as per their requirement. The platform has previously…
WeLab, a fintech company in Asia, has completed the initial close of Series C-1 funding, led by Allianz X for US$75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, an insurer and asset manager. Since inception in 2013, WeLab has raised more than US$600 million of strategic financing from investors.…
U GRO Capital, a BSE listed, sector focused small business lending fintech platform has appointed Mr. Amit Gupta as Chief Treasury Officer. In this role, he will build long term partnerships with Public & Private Sector Banks, Capital Market linked borrowings, Development Financial Institutions and Banks for Co – Lending. Prior to joining U GRO…