MatchMove takes stake in P2P lending platform MoolahSense
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
DIGITAL payments startup MatchMove looks to boost its SME lending capabilities in the region by acquiring a stake in Singapore peer-to-peer (P2P) lending platform MoolahSense, said MatchMove group chief executive Shailesh Naik in an interview with The Business Times on Thursday.
The Singapore-based fintech has bought up to 20 per cent in MoolahSense, and plans to raise that to a majority stake over the next 12 months.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance