In its eight years in Asia, LeapFrog Investments has kept lower-income consumer finance at the center of its investment strategy. Pritesh Modi, director and chief actuary at the firm, discusses the value of a narrow focus
UK development finance institution CDC Group has invested INR3.3 billion ($49.7 million) in Indian private lender RBL Bank.
Meituan-Dianping, the China-based online-to-offline (O2O) services platform created through the merger of two rival groups, has agreed to acquire Qiandaibao, a VC-backed point-of-sales (POS) mobile payment start-up.
WestBridge Capital Partners has led a INR2.7 billion ($40.4 million) funding round for Indian home lender Aptus Housing Finance India.
Tidal shifts in the Philippines' consumer demographics are piquing interest among private equity and venture capital investors alike, but sluggish policy modernization efforts remain a key barrier to entry
U51.com, a Chinese credit card management mobile app, has raised a $310 million Series C round led by A-share listed property developer Xinhu Zhongbao and domestic VC firm Tiantu Capital.
FirstP2P, a Chinese online peer-to-peer (P2P) financing site, has raised a $70 million Series C round led by existing investor CCB International.
Indian non-banking financial company (NBFC) Hero FinCorp has raised more than INR10 billion ($149 million) from investors including ChrysCapital, Credit Suisse and its parent, the Hero Group.
Citrus Pay, an India-based online and mobile payment solutions developer backed by Sequoia Capital, Ascent Capital and Beenos, has been acquired by Netherlands-based rival PayU.
Mid-market private equity firm TA Associates is supporting a management buyout of Goldman Sachs Asset Management’s (GSAM) Australian equities and fixed income business.
Increased competition for private equity deals in the Philippines means investors must be more disciplined in their approach to transactions, according to industry participants at the AVCJ Philippines Forum.
Myanmar Investments founder Aung Htun sees his latest venture as the culmination of his years spent finding a way forward in Asia by embracing the unorthodox
Australia's H2 Ventures plans to raise up to A$55 million ($42 million) through an IPO for a dedicated unit that will make early and growth-stage investments in global financial technology start-ups.
The Carlyle Group has launched a tender offer for Money Square Japan, a Tokyo-listed provider of foreign exchange margin trading services.
ING Bank has extended a $25 million credit facility to Hong Kong’s WeLab, a private equity-backed mobile lending and credit analytics platform.
Pacific Equity Partners (PEP) has completed its exit from Link Group, selling its stake in the Australian financial data and fund administration services provider alongside several other shareholders in a deal said to be worth A$872.3 million ($670 million).
Apax Partners has made a partial exit from Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance, generating proceeds of $102 million.
Indian mobile payment and e-commerce platform Paytm has raised $60 million from Mountain Capital, the investment arm of Taiwan-based microchip manufacturer MediaTek.
Apis Partners and ICICI Venture have invested in Indian health insurance provider Star Health & Allied Insurance.
New Zealand’s Spotlight Reporting, a cloud-based accounting services provider, has received NZ$5 million ($3.6 million) in Series A funding from investors including the Global from Day One (GD1) Fund II.
Net1, a NASDAQ-listed payment services provider with a presence in South Africa and Korea, has committed $40 million to Mobikwik, an Indian mobile wallet start-up that has received several rounds of VC funding.
Singapore private equity firm ESW Manage has led a S$6 million ($4.4 million) Series B round of funding for domestic financial technology company MC Payment.
Gobi Partners and Kaitai Capital have jointly led a RMB95 million ($14 million) Series A round of funding for Momfo, a Chinese property financing platform.
Singapore-based digital payments services company Coda Payments has closed a $2 million round of funding with participation from Japan’s IMJ Investment Partners.