• Skype co-founder snags $105M for fintech lending venture in Southeast Asia

    18 days ago - By Tech Crunch

    A fintech whale quietly going about its business in Southeast Asia has come out from under the radar after Oriente , a Hong Kong-based business headed by Skype's first employee, announced that it has raised a whopping $105 million.
    It may not be well known at this point, but the company has some serious street cred.
    Oriente was started in 2017 by Geoff Prentice, a Skype co-founder and ex-Chief Strategy Officer, Hubert Tai, a founder of Ping An's Lufax and Chinese unicorn dangdang.com, and investor Lawrence Chu. The trio came together when Prentice moved on to Atomico - the VC firm started...
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  • Philippines fintech business Voyager raises $215M in Tencent-led round

    Philippines fintech business Voyager raises $215M in Tencent-led round

    18 days ago - By Tech Crunch

    One of the year's largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million.
    The bulk of the deal comes via a previously announced investment from Tencent which, alongside PE firm KKR, agreed to invest $175 million. Added to that, Voyager has pulled in a further $40 million from International Finance Corporation and its Emerging Asia Fund, although that portion of the deal will take a few weeks to close.
    Together, the deal is the largest piece of funding for a Philippines-based startup in history, although Voyager is hardly a...
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