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The Philippine Fintech Market to Reach 44 BN USD Despite the Socio-Economic Hurdles
The largest growth occurred in the mobile wallets, online payments, and wire transfers segments.
- Categories
- Finance, Technology
- Region
- South Asia
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France’s Eurazeo Launches $215 Million Southeast Asia ‘Insurtech’ Fund
Investors are deepening their foothold in the region despite a market cool-down.
- Categories
- Technology
- Region
- South Asia
- Tags
- innovation, insurance, startups
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General Atlantic Intends to Invest $2 Billion In India, Southeast Asia: Reuters
A senior executive at global private equity company General Atlantic told Reuters that the firm plans to invest $2 billion in India and Southeast Asia.
- Categories
- Finance
- Region
- South Asia
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Tesla to Build EV and Battery Storage Factory in Indonesia
It would be Tesla’s third electric vehicle factory outside its home market, and would help to supply growing demand for electric vehicles in the South-East Asian and Pacific region.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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Indonesian FinTech Firm Xendit Raises $300 Million Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy.
- Categories
- Finance, Technology
- Region
- South Asia
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Macquarie-Led Group Gains $610 Million Stake in Bersama Digital Infrastructure
A consortium led by Macquarie Asset Management has announced a US$610 million investment to acquire a minority stake in Bersama Digital Infrastructure Asia Pte. Ltd.
- Categories
- Investing, Technology
- Region
- South Asia
- Tags
- data, infrastructure
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Press Release: WaterAid and The VF Foundation Launch Program to Improve Water, Sanitation and Hygiene in Cambodia
WaterAid and The VF Foundation announce the launch of a year-long program to reach more than 85,000 people with access to clean water, sanitation and hygiene in Cambodia.
- Categories
- WASH
- Region
- South Asia
- Tags
- hygiene, sanitation, water
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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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