India: Fintech startup Slice gets $20m from Gunosy, Blume Ventures
Slice focuses on millennials with inadequate credit scores and hence ignored by large credit card issuers.
FCA orders crypto exchange Binance to stop regulated activities in UK
Britain’s move comes at a time when Binance is under scrutiny by regulators in other countries.
Mubadala’s Yahsat aims to raise up to $810m in Abu Dhabi IPO
Yahsat is among the three portfolio companies that Mubadala is pushing to take public this year.
“Arrogant” US e-commerce giants flout laws, says Indian minister
He said US firms use their scale and access to large pools of capital to indulge in predatory pricing.
KIMS, Dodla Dairy shares set to get listed on Indian bourses
Both KIMS and Dodla Dairy primarily cater to the southern Indian states.
India Pesticides IPO subscribed more than 29 times on final day
Proceeds from the issue will be used for funding working capital requirements.
India: Zomato plans to ramp up women participation in its delivery service
Currently, there are less than 0.5% women delivery partners in the company’s fleet.
Hong Kong’s Cathay Pacific forecasts reduced monthly cash burn in H2
The airline had been burning up to HK$1.9 billion of cash per month in the first half of this year.
Editor’s take: The week that was — June 21-26
This week, we released our Data Vantage report on Indonesia’s wealthtech players.
Axiata Digital ramps up effort to secure Malaysia’s digibank licence, says CEO
The group has been working with BNM to ensure it meets all regulatory requirements, said Khairil.
