P2P Payments
Kashmi raises seed round, will close off at US$532K
P2P payments startup Kashmi said it has secured about US$500K in a seed round being led by Akbar Group Sri Lanka and VAMM Ventures Dubai, with additional participation by angel investors and corporates from Singapore, Sri Lanka and Thailand.
Non-banks disrupting APAC payments space: Survey
Non-bank-led financial services, such as Alipay and WeChat Wallet, are disrupting emerging markets and challenging banks by becoming viable alternative payment methods, according to a survey commissioned by ACI Worldwide and conducted by IDC Financial Insights.
