TA Associates, Far East Horizon back China’s YeePay
TA Associates has invested an undisclosed sum in YeePay, a Chinese payments provider that has previously received backing from several VC players. Hong Kong-listed financial leasing business Far East Horizon also contributed to the investment.
Founded in 2003, YeePay provides online and offline services that enable consumers and businesses to make and receive payments via the internet and mobile devices. It has more than 93,000 active merchant...
More on Expansion
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.