Hong Kong-based financial comparison site CompareAsiaGroup today announced it raised $40M in series A funding led by Goldman Sachs and Nova Founders Capital.
6-12 month program to be backed by OANDA Asia Pacific and Singapore’s BlueHill.
The site connects borrowers and lenders, making it easier to invest in and receive loans.
To small entrepreneurs, talking about business valuation is like talking about life savings to a first-year student; it’s extremely important, but not the sexiest topic. Through a business valuation, ...
Kuaile Shidai, which runs Qufenqi, has secured almost US$100 million in series D funding led by Kunlun Worldwide, a Chinese online and mobile game publisher.
Snapdeal acquired RupeePower, which will be integrated into Snapdeal’s newly launched financial services marketplace.
As opposed to traditional rewards-based crowdfunding like Kickstarter, backers of projects on JD will be able to buy equity in the company they’re supporting.
Products like online mutual funds, peer-to-peer loans, and insurance only showed 2 percent growth in the second half of last year.
This time last year, popular messaging app WeChat launched an online personal investment fund for its users in China. It allows people to get better interest rates for their savings than from banks. N...
Aixuedai allows college students to purchase items like phones, tablets, laptops, and cameras using monthly installment plans.
Even though the business model is the same, WeLend marketing manager Rachel Lam says Hong Kong and mainland China are two very different markets.
Gurgaon-based peer-to-peer lending website Faircent recently raised venture capital at an enterprise valuation of US$4 million. The undisclosed funding round was led by Devesh Sachdev and Ashish Tiwar...
Tencent today launched the website for what will likely be the first ever private internet bank in the People’s Republic of China.
Hong Kong’s foreign maids can now use bitcoin to send cash home without even knowing what bitcoin is
Bitcoin is slowly gaining public awareness, but Hong Kong-based Bitspark wants to skip the hassle and let users send remittances with zero required knowledge of bitcoin.
With the new wallet, users can avoid the long lines at banks and high fees that come with over-the-counter remitters like Western Union.
The move could open up new battles for Line to fight.
Almost 20 financial services startups secured funding in September alone. Most of them were either P2P lending or investment startups.