Grab said on Tuesday it is rolling out several financial products including microinsurance and credit services to users in Southeast Asia.
Grab Financial, a unit of Southeast Asian ride-hailing giant Grab, said Tuesday it is rolling out several financial services across the region.
The company added it will launch an online insurance marketplace in April for entrepreneurs following a joint venture with China's Zhong An earlier this year. "We've experienced that ourselves," Reuben Lai, senior managing director of Grab Financial Group, told CNBC on Tuesday."I have launched four businesses in Grab and, in particular, there was this incident — it was one of my projects where I knocked on the doors of 20 banks to get financing."
The region also has a large under-banked and unbanked population, which has turned it into a battleground for financial technology, or fintech, companies such as Grab Financial, Gojek, Sea, Alibaba-affiliate Ant Financial and Chinese tech giant Tencent.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Golden Gate Ventures and South Korea's Hanwha planning a Southeast Asia investment fundGolden Gate Ventures and Hanwha Asset Management are looking to raise around $200 million in funds, according to a source familiar with the matter.
Consulte Mais informação »
Asia bracing for destruction by alien pest: fall armyworms
Consulte Mais informação »
Asia shares, bonds count on Fed to be accommodativeAsian shares pulled ahead on Monday while bonds were in demand globally on mount...
Consulte Mais informação »
Asia markets slip ahead of Fed meetingShares in Asia slipped in Tuesday morning trade, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside.
Consulte Mais informação »
Asia set to trade cautiously amid fresh uncertainties over BrexitIn the U.K., lawmakers once again rejected the terms of a deal for Britain to withdraw from the European Union.
Consulte Mais informação »
StanChart suffers senior private banker exits in Asia as unit earnings sag: sourcesStandard Chartered PLC has seen the departure of at least four senior Asia-based...
Consulte Mais informação »
Asia shares stumble, sterling at mercy of yet another voteAsian shares drifted lower on Wednesday as a risk-off mood settled on markets, w...
Consulte Mais informação »
Asia boosts Prudential profit, demerger making progressBritain's biggest insurer, Prudential, reported an above-forecast 6 percent rise in 2018 operating profit to £4.8 billion.
Consulte Mais informação »
Asia shares take a breather, pound near nine-month peakAsian shares paused on Thursday as investors awaited data from China for clues a...
Consulte Mais informação »
Asia set to trade higher after UK lawmakers reject a no-deal BrexitNikkei futures pointed to a higher open in Japan while Australia's benchmark ASX 200 traded up higher.
Consulte Mais informação »