Investors included private equity firms Warburg, Carlyle Group Inc, General Atlantic and Silver Lake Partners LP, plus Singapore sovereign wealth fund GIC Pte Ltd and existing shareholders Boyu ... ( read original story ...)
Grab and others see big chance in ASEAN digital banking
Southeast Asia is home to one of the world's largest unbanked populations, but the rapidly increasing digitalization of everyday life as a result of COVID-19 means there is a golden opportunity for ... ( read original story ...)
Singapore’s Jungle Ventures leads Series B round in overseas education platform Leap
Leap, an overseas education-focused guidance and financing platform, has raised $17 million (around Rs 123 crore) in a Series ... ( read original story ...)
Truera Selected to Co-Lead Key Working Group for Industry Consortium Addressing Responsible Use of AI in Financial Services
SINGAPORE, March 16 ... Story continues The consortium includes major global and regional banks (e.g., Citibank, DBS, Goldman Sachs, HSBC, Standard Chartered), insurers (e.g., Axa, Swiss Re ... ( read original story ...)
Personal Loans Comparison: SCB CashOne vs Citi Quick Cash vs HSBC Personal Loan
SCB CashOne, Citi Quick Cash and HSBC Personal Loan deliver competitive interest rates and more. Find out which one’s superior. In this SCB CashOne vs Citi Quick Cash vs HSBC Personal Loan comparison, ... ( read original story ...)
JPMorgan’s Southeast Asia M&A chief joining Barclays: sources
Singapore-based Tay, currently on gardening leave, has been with JPMorgan for a decade and previously worked in the M&A team at UBS in New York and at other firms including Standard Chartered. The ... ( read original story ...)
Logos, NEX Mall Owner Forge S$948M in Singapore Green Loan Deals
A Prudential, CIC and NTUC joint venture secured a green loan from DBS, OCBC and UOB for refinancing the Nex mall in northeastern Singapore. ( read original story ...)
Bank Jago to extend loans to merchants without collateral but with digital proof showing viable business
Indonesia's first full digital bank contender will soon launch its app, paving the way for it to offer loans.. Read more at straitstimes.com. ( read original story ...)
Fitch affirms IIFL Finance at B-plus with stable outlook
Fitch Ratings on Tuesday affirmed IIFL Finance Ltd's long-term issuer default rating at B-plus and removed the rating from rating watch negative (RWN). ( read original story ...)
Singapore is among the top 10 best places to work in the world, JobStreet finds
According to a recent joint research conducted by job marketplace JobStreet and employment matching firm Seek Asia, Singapore is now at the 8th spot for the best place to work in the world. It's a ... ( read original story ...)
LIXIL Launches Flagship Store in Singapore to Tap on Growing Demand for Sustainable and Sanitary Living Solutions
LIXIL, maker of pioneering water and housing products, today announced the launch of its flagship showroom in Singapore. Located at a heritage shophouse unit at 24 Mohd Sultan Road, the 6,000 square ... ( read original story ...)
AU Small Finance Bank raises ₹600 crore through QIP
Jaipur-based AU Small Finance Bank has raised Rs 625.50 crore by issuing shares to a set of investors through qualified institutional placement (QIP).The bank has completed the allotment of equity sha ... ( read original story ...)
JPMorgan’s Head of Southeast Asia M&A Tay to Join Barclays
Ee Ching Tay, the head of Southeast Asia mergers and acquisitions at JPMorgan Chase & Co., is leaving the bank after about a decade, according to people with knowledge of the matter. ( read original story ...)
Ahead of IPO, Kalyan Jewellers mobilises Rs 352 Cr
The IPO committee has decided to allocate 4,04,48,275 shares at Rs 87 per piece to 15 anchor investors. At this price, the firm garnered Rs 351.89 crore, Kalyan Jewellers informed BSE. ( read original story ...)
Kalyan Jewellers IPO: Grey market premium, other details in 10 points
The 1,175-crore IPO of Kalyan Jewellers India Limited opened for subscription today and the issue will close on March 18. Ahead of the IPO, Kalyan Jewellers had raised 351 crore f ... ( read original story ...)
DBS’ private bank raises over $1.6 billion from two products
DBS Group Holdings' private bank raised more than $1.6 billion from two in-house products, including a new one targeting sustainable investing.. Read more at straitstimes.com. ( read original story ...)