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Corporate Global

Fintech Unicorn Nium Joins HKSTP’s FinTech Community

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 […]

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Executive Movements Global

Ziploan names Ashish Goel as Chief Technology Officer

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 […]

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Investment

State Bank of India invests in digital payments firm Cashfree

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 […]

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Investment News

KreditBee secures Rs 60 crore from SIDBI’s India SME

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 […]

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Global Investment

Hong Kong fintech firm WeLab completes initial close of Series C-1 funding

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. […]

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Corporate Executive Movements

U GRO Capital appoints Amit Gupta as Chief Treasury Officer

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 […]