Actionable news
0
All posts from Actionable news
Actionable news in BZUN: Baozun Inc,

World Bank, Alibaba fund invest in Hong Kong-based fintech startup

Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank's commercial lending arm, as the personal finance management platform looks to develop its technology and launch more products.

The International Finance Corp (IFC), as the World Bank unit is called, said it had agreed to invest $15 million in the firm. The other investors include Alibaba Entrepreneurs Fund, a not-for-profit fund launched by Chinese e-commerce giant Alibaba Group, and...


More