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Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than […]
Paytm says a report claiming its Payments Bank’s data was leaked to Chinese firms is “completely false and sensationalizing,” as the India fintech giant rushes to provide clarification to calm investors after its shares tumbled as much as 14.7% to $8.6 apiece on Monday. Bloomberg reported this afternoon that Paytm was barred from adding new […]
Spanish startup Life5 has raised its third funding round and has been growing nicely since my previous post. The company also has a new name as it used to be called Getlife. In addition to its home country, Life5 now sells life insurance produts in France. After raising a €1 million pre-seed round and a […]
Life insurance startup Getlife becomes Life5 and raises $10.7 million by Romain Dillet originally published on TechCrunch