Category: Regions

myfisensemyfisenseSeptember 20, 2021
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3min00
Real estate manager CapitaLand Investment (CLI) on Monday marked its trading debut on the Singapore Exchange (SGX) with the stock hitting a peak of S$3.02 before settling at S$2.93, or 10.7 cents higher than its S$2.82 offer price. The listing, which makes CLI one of the world’s largest listed real estate investment managers (REIMs), comes […]

myfisensemyfisenseSeptember 20, 2021
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4min00
FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to broaden its product offerings. Sequoia Capital India and Think Investments co-led the 18-month-old startup’s Series B financing round. Existing […]

myfisensemyfisenseSeptember 20, 2021
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4min00
BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week. The actions instead intend to strengthen the regulation of consumer-facing platform companies with […]

myfisensemyfisenseSeptember 17, 2021
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2min00
(Bloomberg) — Tencent Holdings Ltd. has lost its place among the world’s 10 largest companies by market value, leaving no Chinese company on the list as Bejing’s regulatory crackdown continues to wreak havoc on the stock market. Hong Kong-listed shares of the gaming and social media company fell 0.5% on Thursday, valuing it at $556 […]

myfisensemyfisenseSeptember 17, 2021
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6min00
(Bloomberg) — Deutsche Bank AG Chief Executive Officer Christian Sewing apologized to the German Finance Ministry and the country’s top regulator for sharply-worded criticism by one of the firm’s research analysts, seeking to avoid tensions with two of its most important stakeholders ahead of elections this month. Analyst Jan Schildbach — in a note earlier […]

myfisensemyfisenseSeptember 17, 2021
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4min00
Aircover raised $3 million in seed funding to continue developing its real-time sales intelligence platform. Defy Partners led the round with participation from Firebolt Ventures, Flex Capital, Ridge Ventures, and a group of angel investors. The company, headquartered in the Bay Area, aims to give sales teams insights relevant to closing the sale as they are […]

myfisensemyfisenseSeptember 17, 2021
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3min00
San Francisco-based early-stage venture investor 500 Startups has reached the final close of its global flagship fund at $140 million, its largest to date, according to an announcement. The 11-year-old venture capital firm also rebranded as 500 Global, with assets under management of $18 billion, expanding its investment strategy beyond the accelerator and seed stage. […]

myfisensemyfisenseSeptember 17, 2021
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3min00
XTransfer, a Chinese cross-border financial and risk management services provider, has reached unicorn valuation after raising $138 million in a Series D round to fund its global ambitions starting from Southeast Asia. The latest round was led by Dan Sundheim’s hedge fund D1 Capital Partners with participation from the firm’s existing shareholders, according to a […]

myfisensemyfisenseSeptember 16, 2021
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2min00
Thai alternative digital lending platform SCB Abacus has raised $12 million in a Series A funding round led by Openspace Ventures, according to an announcement. The financing was joined by Vertex Ventures Southeast Asia and CAI Partners. The company plans to use the capital to expand its product offerings, strengthen its technology infrastructure and underwriting […]

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