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Amartha Bags US $50 Million Debt Financing to Provide Working Capital to Female Entrepreneurs in Rural Indonesia
Amartha, an Indonesian P2P lending platform focused on women micro-entrepreneurs, announced today it has secured a US$50 million debt financing from US-based Lendable.
- Categories
- Entrepreneurship
- Region
- South Asia
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Philippines Offers Nurses in Exchange for Vaccines From Britain, Germany
The Philippines will let thousands of its healthcare workers, mostly nurses, take up jobs in Britain and Germany if the two countries agree to donate much-needed coronavirus vaccines, a senior official said on Tuesday.
- Categories
- Coronavirus, Health Care
- Region
- South Asia
- Tags
- coronavirus, employment, vaccines
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[Updated] Erudifi Raises US $5 Million Series A to Grow Its ‘Study Now, Pay Later’ Model in Indonesia, Philippines
[Updated] Erudifi Raises Us$5m Series a to Grow Its 'Study Now, Pay Later' Model in Indonesia, Philippines
- Categories
- Education, Technology
- Region
- South Asia
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Financing a ‘Green’ Economic Reboot, Recovery From Pandemic
Washington-based International Finance Corp. (IFC) of the World Bank Group has introduced financing support for Philippine banks that will lend to climate adaptation and mitigation projects amid a push for “green” recovery from the COVID-19 pandemic to generate trillions of dollars in fresh investments.
- Categories
- Coronavirus, Environment
- Region
- South Asia
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Analysis: What’s Ahead? Southeast Asia Startup and Venture Capital Ecosystems 2021
Venture Capitalists (VCs) believe in capitalizing on disruptive innovation and developing technologies to displace older technologies, create new markets, and prepare the world for unexpected situations (e.g., global pandemics)–even if not all the startups and industries that VCs invest in may do so.
- Categories
- Investing, Technology
- Region
- South Asia
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Fintech Points the Way to Full Financial Inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. This potential tipping point could mean the end to Cambodia’s status as one of the most underbanked nations in the world, according to experts.
- Categories
- Finance
- Region
- South Asia
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Grab Raises Us $2 Billion Term Loan to Strengthen Liquidity and Diversify Financing Sources in Asia
This development made by Grab is said to be the largest institutional debt in Asia's technology sector
- Categories
- Entrepreneurship, Technology
- Region
- South Asia
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Viewpoint: Fintech Regulations, Financial Stability, and Data Privacy in India: So, What Is the Path to Go Forward?
In a recent development, the Delhi High Court received a Public Interest Litigation (PIL) from an applied economist, Reshmi P Bhaskaran, seeking to regulate the entry and operations of ‘TechFin’ platforms. Inter alia, the PIL asked the High Court to help develop a regulatory framework around the TechFin industry, also popularly known as the FinTech domain. Since then, the High Court has sought replies from various stakeholders, including the Ministry of Law, Ministry of Finance, RBI, SEBI, and NPCI regarding this issue.
- Categories
- Finance, Technology
- Region
- South Asia
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