Grab, Razer, and AirAsia Look to Apply for a Digital Bank License
In a report by Reuters, it has come to light that Cab services group Grab, gaming company Razer, AirAsia, telecom organization Axiata, and lender CIMB are some of the …
Category: Business
Sundar Pichai Supports Temporary Ban on Facial Recognition
Sundar Pichai, the CEO of Alphabet, supports the call from the European Union’s short-term ban on facial recognition technology. However, this move from the Alphabet CEO was not looked …
Lydia Raises $45 Million From a Funding Round Led by Tencent
Lydia, one of the emerging payment startups in France, has managed to fetch a 45 million USD (40 million EURO) funding from multiple companies like Tencent, CNP Assurances, XAnge, …
Jeff Bezos Confirms That Amazon Will Invest $1 Billion in India
Jeff Bezos’ visit to India on the backdrop of an on-going case against few e-commerce companies, including Amazon, maybe a coincidence. However, the visit has been started with the …
Amazon May Witness a Ban on Political Funding if a New Legislation is Passed
As the debate on the interference of corporates in American local elections intensifies, Seattle is likely to put a blanket ban on political funding by few corporates. Seattle City …
PayU Purchases PaySense for $185 million Equity Valuation
In a recent statement, Bengaluru based payment gateway PayU announced that it has completed the acquiring process of PaySense. PaySense is one of the emerging digital credit platforms in …
Lightnet Locks $31.2 Million Funding From UOB & Others
A Thai Fintech company, Lightnet, has recently announced that it has fetched a 31.2 million USD funding from a gamut of investors. Lightnet is a blockchain-based payment and remittance …
Icelolly Fetches a £2 Million Funding From Silicon Valley Bank
Silicon Valley Bank has recently announced that it would fund £2 million to Icelolly, UK’s one of the most significant holiday sites. Icelolly works as a platform for comparison …
Tranglo Joins Hands With Alipay to Provide Cross-border Remittance Services
Malaysia-based fintech firm Tranglo has teamed up with Chinese e-commerce firm Alibaba’s online payments arm Alipay to provide cross-border remittance services. As per the deal, users of Alipay can …
Investment Bank TH Capital Looking to Grow Business in India
Investment bank TH Capital has assigned five analysts to the task of studying market trends in India, to do business in the country. The analysts are based at TH …