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FinTech news in Tencent category

WeSure's Alan Lau joins Animoca as a brand new web3 executive

Internet insurance and the web3 world might seem to have little overlap, but Lau’s involvement in art — sitting on the board of Asia-based projects for Tate and Guggenheim Museum — could serve Animoca well as the art industry has been keen to embrace the metaverse and NFTs.

FinTech startup Flip raised Series B round of $55M

Flip has helped over 10 million people in Indonesia as of May this year, up from more than 7 million users in December 2021, to access financial transactions, including online interbank transfers to more than 100 domestic banks, e-wallet top-ups, and international remittances, enabling users to send money from Indonesia to over 45 countries and enterprise payment transfer products.

Payments startup Jeeves raised Series C round of $180M led by Tencent

Less than seven months after closing on a $57 million Series B, fast-growing fintech Jeeves has raised $180 million in a Series C round that values the company at $2.1 billion. For example, Jeeves says that since its Series B was announced in September, it has seen its revenue climb by 900% and doubled its client base to more than 3,000 companies.

Mobile Payments startup Alma raised Series C round of $130M

The payment option can be integrated in the payment terminals, or merchants can generate a payment link and share it with customers. Alma has a payment option that lets you buy something and pay 15 or 30 days later. No late fees.

Tencent commits first tranche to Easy Transfer' Series C

Tencent could hook Easy Transfer with the right local partner with the necessary license for sending money overseas, said Gao, and Easy Transfer will focus on building a local team and an easy-to-use product like WeRemit.