Banking
SME-focused digital lender Validus lands $50m debt facility from HSBC
Debt Facility Secured: Validus, a Singapore-based digital lending platform, has secured a debt facility of up to $50 million from HSBC under the...
Banking
Digital challenger GoTyme Bank acquires salary lender fintech SAVii
Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products.
SAVii Overview:...
Banking
Empower Finance strikes deal to buy Petal with Cashalo acquisition completed
Acquisition by Empower Finance:Empower Finance, a US-based credit underwriter, has entered into a definitive agreement to acquire Petal, a credit card and...
Banking
Bank Danamon partners Helicap to bring growth capital to Indonesia’s financially underserved
Singapore-based private investment fintech platform Helicap has partnered with Bank Danamon to create a comprehensive solution for MSMEs, fintechs, and alternative lending firms'...
Banking
SME lender FundPark doubles credit facility with Goldman Sachs to $500m
FundPark, a Hong Kong-based capital financing provider, has doubled its asset-backed securitization (ABS) facility with Goldman Sachs to $500 million.
The expansion follows...
Banking
UK’s Kodelab to provide lending tech for HKMA CBDC pilot with Ripple and Fubon Bank
Ripple and Taiwan’s Fubon Bank choose UK consultancy Kodelab for CBDC pilot with HKMA
Pilot aims to integrate simulated CBDC and tokenized real...
Business
Jirnexu co-founders step down from leadership positions at the company
The co-founders of Jirnexu, Hann Liew and Lucas Ooi, have announced their departure from their leadership positions at the company. Despite stepping back from...
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