Mercado Bitcoin raises $200 mn from SoftBank to scale operations
The funds will also be used to expand its product offerings and invest in infrastructure to meet the increasing demand for digital currencies
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EDPR purchases China’s 28 MW Trina Solar in Vietnam
The deal marks the entry of EDPR into the Vietnamese market with a value of $36 mn
Islamic finance industry to grow by 10-12% in 2021-2022: S&P Global
The growth is predicted despite some countries‘ GDP growth anticipated to be lower than what had been observed historically
MDaaS Global secures $2.3 mn in seed fund to launch new healthtech product
The fund from the seed extension round is also expected to be used for upscaling its business in Nigeria
Future FinTech announces new unit in Dubai for crypto trading
The firm has planned to provide full financial service in the blockchain space to attract investors
Malaysia’s AirAsia boosts its cargo operations with a new freighter aircraft
It has purchased its first freighter, 737-800F and two newly converted A320s with the passenger seats removed
FDI inflows of South Africa reduces to R6.1 bn in first quarter
FDI inflow in the last quarter of 2020 was at R16 billion according to the South African Reserve Bank
Swiss Re’s iptiQ and ImmoScout24 to launch digital loss-of-rent insurance
The new product will provide private landlords with protection against the financial uncertainties from tenancy agreements.
China United Lines add new services to Southeast Asia and Brazil
The new service will be directly connecting Ningbo in China with Santos in Brazil
Linklogis partners with Sunway to acquire Malaysia digital banking license
In this venture, Sunway will own a majority stake