SMEs – Fusion Nepal

China Enterprise fintech Fundings & Exits Hong Kong lending Qupital SMEs TC

Hong Kong-based fintech startup Qupital raises $15M Series A to expand in mainland China

sudshr47 March 27, 2019

Qupital, a fintech startup that bills itself as Hong Kong’s largest trade financing platform for SMEs, has closed a $15 million Series A led by CreditEase FinTech Investment Fund (CEFIF), with participation from returning investors Alibaba Hong Kong Entrepreneurs Fund and MindWorks Ventures, both participants in its seed round. To date, Qupital has raised $17 […]

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Aspire Capital offers fast finance for SMEs in Southeast Asia

sudshr47 July 11, 2018

Southeast Asia’s digital economy is tipped to grow more than six-fold to reach more than $200 billion per year, according to a report co-authored by Google, with e-commerce accounting for the dominant share. The emergence of e-commerce platforms like Alibaba’s Lazada and U.S.-listed Shopee have enabled online entrepreneurship across the region, but still financial support for […]

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PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

sudshr47 May 31, 2018

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]

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Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

sudshr47 April 18, 2018 Startups

Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round included returning investors Sequoia India, which led the Singapore-based startup’s Series A two years ago, Golden Gate Ventures and Alpha […]