Tagged: khazanah nasional berhad

Malaysia’s Axiata Group, a Major Telecommunications Company, Might Acquire Digital Banking License

Malaysia-based Axiata Group, a major telecommunications company, has reportedly been holding discussions with around 11 different potential business partners in order to acquire a digital banking license in the Asian nation. Mohd Izzaddin Idris, Axiata’s deputy chief executive, confirmed that the firm was also talking… Read More

ING Lead Investor in $160M in Series B Funding for Consumer Loan Provider WeLab: Aims to Improve Consumer Experience

Fresh from its October 2015 investment in US marketplace lender Kabbage, Dutch bank ING has taken a stake in WeLab, a non-bank provider of consumer loans in China and Hong Kong. ING participated in a Series B $160 million (RMB1 billion) fundraising in the three-year old… Read More

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