Economic activity in Emerging Asia will continue to recover in 2022, but important uncertainty and risks remain. Policy makers in the region need to broaden financing options, further deepening capital markets and instruments, to ensure a sustainable recovery, according to the Economic Outlook for Southeast Asia, China and India 2022: Financing Sustainable Recovery from Covid-19 […]
Temenos (SIX: TEMN), the banking software company, today announced that Rakuten Europe Bank – part of the Rakuten group, a unique ecosystem of 70+ businesses and over 1.6 billion members worldwide – has signed with Temenos to deliver banking services including Rakuten Pay on the Temenos Banking Cloud. Powered by Temenos open platform, Rakuten Europe […]
Following the whirlwind that the global markets have gone through over the last two to three years, people are wanting to meet up and find out what has changed and where do we go from here. With the crisis, it was confirmed that Factoring is the one of the best methods when it comes to […]
Bazaar, Pakistan’s leading B2B e-commerce and fintech platform has raised $70m in a Series B financing led by Dragoneer Investment Group and Tiger Global Management. Through its expanding footprint of digital products and last-mile infrastructure, Bazaar provides procurement, fulfilment, operating software, digital lending, and supply chain products to merchants and suppliers in Pakistan. This investment, […]
After closing a seed round of $3m led by Kindred Ventures, fintech Noh is preparing to enter one of the hottest untapped markets in Brazil: multi-player or shared finances. Brazil is one of the world’s top nations for making joint purchases. Noh promises to automate the division of expenses, taking away the stress of chasing […]
1400 traders, 82% of whom reported that they traded with Russia, attended today’s free webinar organised by the Institute of Export & International Trade (IOE&IT) on “How to comply with trade sanctions against Russia”. IOE&IT trade specialist, Ray Burgin, set out eight practical steps that companies could take to make sure that they were trading […]
Fiduciam, the bridging and development lender, has made a strong start to the year in Germany with substantial progress towards its 2022 lending target of €50m in the country. Two German loans closed in February for a total amount of €3.25m and Fiduciam’s pipeline includes a further €11.20m of German facilities due to be completed […]
On 28 February 2022, at Mobile World Congress 2022 (MWC 2022), VinFast announced the signing of a Memorandum of Understanding with LeasePlan, one of the world’s leading car-as-a-service companies. Through this anticipated collaboration, VinFast will continue to establish its positioning in Europe ahead of launches in the Dutch, German and French markets. According to the […]
Paga Group, a leading mobile payments and financial services company, is delighted to announce its partnership with the Bank of Abyssinia, and its receipt of regulatory approval from the National Bank of Ethiopia to launch its online payment gateway in Ethiopia. Paga’s partnership with the Bank of Abyssinia is both a milestone and a core, […]
NayaPay, a Pakistan-based fintech platform, has raised $13m in one of the largest seed rounds in South Asia. Bringing together a diverse mix of leading global institutional and angel investors, the round was led by Zayn Capital, global fund manager MSA Novo and early-stage VC Graph Ventures from Silicon Valley. Singapore-based Saison Capital, Waleed Saigol’s […]
