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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
- Technology
- Region
- South Asia
- Tags
- fintech
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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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New Mobile App to Reduce Food Waste Among Winners of $10 Million Inclusive Growth and Recovery Challenge
Today, data.org announced the eight global winners of the $10 million Inclusive Growth and Recovery Challenge, which aims to address major societal challenges through computer and data science. Among the winners is a project by BASE (Basel Agency for Sustainable Energy) and Empa that aims to give smallholder farmers in India access to sustainable cooling facilities through a mobile app to reduce food waste.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- smallholder farmers, waste
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Gpay Raises Series a From KB Financial to Expand Its E-Wallet Platform in Vietnam
The fresh funds will be used to expand Gpay's team and customer base and also upgrade its tech solutions
- Categories
- Uncategorized
- Region
- South Asia
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Analysis: How the Regulatory Framework for Crowdfunding Platforms in Southeast Asia Will Benefit SMEs and Investors
Peer-to-peer (P2P) lending has come a long way since its early days as a casual crowdfunding platform. Today, individual borrowers and small and medium-sized enterprises (SMEs) can access loans without the hassle of going through banks and lengthy financial assessments.
- Categories
- Finance
- Region
- South Asia
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Grab Raises $300 Million for Fintech Arm’s Ambitious Expansion
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech, startups
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Paper Giant App Failing Its Own Sustainability Goals: Report
From destruction of tropical peat ecosystems to the prevalence of burning to persistent community conflicts, a new study found that one of the world’s biggest paper producers has failed to uphold its own sustainability commitments.
- Categories
- Environment
- Region
- South Asia
- Tags
- business development, SDGs
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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, startups
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