Standard Chartered and Naspers have announced plans to dip into India’s fintech scene
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning,Fintech is increasingly becoming globally distributed, and global companies are setting up new ventures in flourishing ecosystems so they don't miss out on the developments in other markets.
And Naspers plans to spend around $1 billion in India so it can replicate its blockbuster bet on China's Tencent Holdings, per. The firm is currently in talks to invest $200 million in alt lender for businesses Capital Float and payments security firm Wimbo. India's fintech scene is thriving and we'll likely see more global companies set up ventures in the region. Interest in India from foreign players in India continues to increase:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Search trends in China show interest in iPhone down nearly 50%Chinese interest in iPhone seems to be waning as fewer consumers look up the smart phone online, according to Longbow Research.
Consulte Mais informação »
Poll shows India's Modi-led coalition could come close to majority: TVIndia's ruling party alliance was likely to come within a few seats of winn...
Consulte Mais informação »
Poll shows India's Modi-led coalition could sweep election: TVIndia's ruling party alliance will sweep a majority of parliamentary seats ...
Consulte Mais informação »
California bill to create state-chartered public banks criticized by the industry as 'misguided'Two California lawmakers proposed legislation this week that would allow municipalities to create their own local or regional banks, calling it way 'to fight income inequality through public banking.'
Consulte Mais informação »
China premier says can use interest rates, other policy steps to help economyChina can use reserve requirements and interest rates to support economic growth...
Consulte Mais informação »
Landlines, love interests and budding sexuality: How ‘Pen15’ gets middle school girls right - The LilyAnalysis | Landlines, love interests and budding sexuality: How ‘Pen15’ gets middle school girls right
Consulte Mais informação »
Fed to raise interest rates once more in third quarter, then done: Reuters pollThe U.S. Federal Reserve will remain patient for a little longer than thought ju...
Consulte Mais informação »
Analysis | The Trump team’s double standard on lyingIs it really bad or not a big deal to lie to investigators? Trump and Rudy Giuliani have been all over the map — even just this week.
Consulte Mais informação »