Khazanah leads $170m fundraising for Garena

The Hong Kong-based internet startup, which has backing from Li Ka-shing, plans to expand its lending business to rural areas of China.

As corporate governance and sentiment improves, Japan's PE market has become one of the most attractive in Asia.

Its $14 billion fundraiser lifts expectations for the valuation of its hotly anticipated IPO. Private investors’ ability to pile into China’s fintech champion squeezes room for public investors to participate during the listing.

As China’s fintech leader collects another $10 billion from an invite-only group of investors, FinanceAsia weighs Ant’s growth prospects against looming risks. It appears priced to perfection.

The size of Ant's latest fund raising and the speed in which it is returning to market suggests an acquisition may be in the offing, say sources.

Airwallex has raised $100 million via a Series C funding round led by DST Global, valuing it at over $1 billion. The start-up this year also expects to process $10 billion-plus in payments.