JBFG buys stake in Infina; VIC Partners and Funtap invest in Communi.io
JB Financial Group will initially acquire 3.9% of Infina’s shares, with the potential to increase its stake to approximately 5%.
Source: dealstreetasia.com
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Investment apps pose transparency issues
Retail investment apps and fund management businesses, despite their growing popularity, are the subject of controversy due to their lack of transparency and arising legislative risks.
Source: vir.com.vn
Vietnam's securities regulator warns on risks of unlicensed wealthtech apps
Vietnam witnessed a wealthtech boom during the pandemic.
Source: dealstreetasia.com
Posh Raises $3.8M in Seed Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com
Jumia's Q1 2022 report shows growth on 24 hour shipping, May 2022 — Quartz Africa Weekly — Quartz
Africa's ecommerce leader Jumia has stepped up on delivering orders within 24 hours, per its first quarter report for 2022.
Source: qz.com