Greater China
Insurance companies contributed to over 70% of the fund’s dry powder.
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Philippines
The moratorium on digital bank licences was lifted earlier this year.
Indonesia
The deal aligns with MEXC’s push to tap SE Asia’s fast-expanding digital asset market.
World
The fresh funding brings Uzum’s total valuation to $1.5 billion.
India
The investment will be in the form of a senior secured loan with a tenor of five years.
Vietnam
Its profit after tax reached about $181m during the first six months.
Revolut will be setting up its second global tech centre in Asia.
The fund attracted commitments from pensions, SWFs, insurers, asset managers and family offices.
The partners include BII, Japan International Cooperation Agency, FinDev Canada, and Export Finance Australia.
Rest of Asia
It will also partner with PE funds and other investors.
