Finance
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Unicorn Status For Chinese Car Wash Firm YGL Backed By Alibaba
Self-service car wash company Yigongli (YGL), a startup developed by Shanghai HELIOS Network Technology and backed by Alibaba has recently joined China’s latest unicorn status with a value of over $1 billion. The “hundreds of…
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Philippine Fintech Startup NextPay Raised USD 1.6 million In Funding
A Philippine-based fintech startup, NextPay, has raised 1.6million US dollars in a recent seed funding co-led by Golden Gate Ventures and Gentree Fund, a venture vehicle of the Sy family, the family behind SM Group…
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Vietnam to Asses Cryptocurrency Development Through Central Bank
Nikkei Asia reported that the government of Vietnam has assigned its central bank in the R&D of its very own blockchain-based digital currency. The policy came forth in Prime Minister Nguyen Xuan Phuc’s Decision 942, which outlined the…
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Tonik Raised USD17Mil for Neobank Services in Philippines
The Philippines ‘ first Neobank Tonik successfully raised USD 17 million in the pre-series B funding that brings its total funding to USD 44 million. This funding is led by Singaporean VC firm iGlobe Partners.…
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A Closer Look at the Fintech Scene in Southeast Asia
Fintech is on the rise in Southeast Asia, find out how fintech startups are changing the regional financial landscape. All eyes have been on Southeast Asia nations for fintech growth in 2019 as Southeast Asian…
