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World’s First Blockchain Smartphone to Become Available in Bangladesh
Finney’s launch in Bangladesh comes amid a trend of growing smartphone ownership in the country.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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India Post Payments Bank Rolls out Aadhaar-Enabled Payment Services
With AePS services, any person with a bank account linked to Aadhaar can perform basic banking services such as cash withdrawals and balance enquiry irrespective of the bank they hold their account with.
- Categories
- Finance
- Region
- South Asia
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India’s Mobile Payments Firm MobiKwik Reaches Rare Key Profit Milestone
The 10-year-old Gurgaon-headquartered firm said Tuesday it is now generating a profit excluding interest, taxes, depreciation and amortization.
- Categories
- Finance
- Region
- South Asia
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Xiaomi Banks on Phone Data for Finance Play in India
The stakes are high for the world’s fourth largest mobile phone vendor, whose business model relies on low-margin hardware sales with services as a key long-term profit centre.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- digital finance
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LGT Acquires Impact Investor Aspada From Soros Fund
Aspada was launched in 2013 by the Soros Economic Development Fund. It also manages the portfolio of the SONG Fund, an early stage venture capital firm backed by the Soros Economic Development Fund, Omidyar Network and Google.
- Categories
- Investing
- Region
- South Asia
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Viewpoint: The Landscape and Challenges of Impact Investments in India
In India, impact investors are committed to solving development problems, given the sheer size of populations in need but there is also a strong financial motivation to invest in ideas that serve dual bottom-lines.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing, SDGs
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PayPal-Backed Money Lender Tala Raises $110M to Enter India
Tala looks at a customer’s texts and calls logs, merchant transactions, overall app usage and other behavioral data through its Android app to build their credit profile.
- Categories
- Finance
- Region
- South Asia
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Fintech Deals in Indian Startups Surpass China Despite a Lending Slowdown
China saw deals drop to five-quarter low of 15 deals, down 81% from Q2 of calendar year 2018. However, broader deal-making across the globe has been relatively flat this year.
- Categories
- Finance
- Region
- South Asia
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