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China’s iPayLinks to expand Middle East fintech market

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 Insights

15-Aug-19 China-based cross-border payment services provider, iPayLinks, has announced its plans to enter Middle East fintech market. The firm is aiming to build up a one-stop payment solution for the Middle East cross-border business. [image: TahawalTech]

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TMB-Thanachart Bank's shareholding takes shape in Thailand

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08-Aug-19 Dutch bank ING, Thanachart Capital and the Thai Finance Ministry are expected to hold 21%, 20% and 18% respectively in TMB-Thanachart Bank, the new bank born from the consolidation of TMB Bank and Thanachart Bank. Canada's Scotiabank will own 5%. [image: Bangkok Post]

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Chinese VC firm Shenzhen Capital launches USD291 mn healthcare fund

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25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]

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In Asia and beyond, fintech the new norm

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11-Jul-19 More than half of banking and financial clients in Asia now use fintech products and services, according to a recent survey. Emerging markets across Asia, Latin America and Africa are quickly becoming the largest growth areas for fintech participation. [image: iStock]

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Remittance and migration flows foil ranking

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09-Jul-19 The World Bank’s update on migration and remittances points to an almost 10% jump in 2018 to USD530 bn for low and middle-income countries, although the pace is projected to slow for the remainder of the year. [image: iStock]

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