At this rate, Fintech will slaughter India’s banks


The hefty checks that SoftBank and GIC wrote last week send a clear signal

Taralite receives funding from Japan's SBI Group
Japan’s SBI Group invests $6.3m in Indonesian P2P lender Taralite

Tokyo-based fintech company SBI Group has invested $6.3 million into Indonesian peer-to-peer lending startup Taralite, the firm announced today. The financial terms were not disclosed. The funds will be used to build a “world-class R&D team”, which would build an algorithm for Taralite’s future plan to be a “one-stop shop”…. Read more »

Dealbook: KPMG buys Matchi; Accenture acquires The Monkeys, Maud

In two separate business developments, KPMG International has acquired Hong Kong-based fintech matchmaker Matchi, while Accenture bought The Monkeys and Maud, two Australia-based companies engaged in creative, and design businesses. Hong Kong: KPMG buys fintech matchmaker Matchi KPMG International has acquired Matchi, a Hong Kong-based global fintech innovation and matchmaking… Read more »