Standard Chartered and Naspers are showing interest in India

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

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:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Umm StanChartIN How about dipping into the Customer Care scene sometime?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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. Why is Apple losing one of its largest markets in the World? This is definitely Trump & Republicans related. Trump can’t even get Tim Cooks name right calling him Tim Apple then he says he never said it. SAD
Source: CNBC - 🏆 12. / 72 Read more »

China premier says can use interest rates, other policy steps to help economyChina can use reserve requirements and interest rates to support economic growth... There’s the largest warehouse of paper named yuan Or just print more currency and buy some more tank bonds
Source: Reuters - 🏆 2. / 97 Read more »

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... Bond market right now Herbert_L_Reed This is BS!!! Herbert_L_Reed Why?
Source: Reuters - 🏆 2. / 97 Read more »