Hong Kong-based fintech startup Oriente has raised $50 million in its Series B funding round led by Henderson Land’s co-chairman Dr Peter Lee. The ongoing round was also joined by Israeli software company Wix.com and other existing investors, according to a statement.
Oriente is the parent company of Finmas, Cashalo and Finizi, three online lenders based in Indonesia, the Philippines and Vietnam respectively. Its technology covers real-time credit scoring, digital credit, offline-to-online (O2O) consumer finance, POS lending, and working capital financing for small entrepreneurs.
