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World Bank & Alibaba invested in fintech startup

World Bank & Alibaba invested in fintech startup

Hong Kong-based start-up CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank's commercial lending arm, as the personal finance management platform looks to develop its technology and launch more products. CompareAsiaGroup helps consumers in Hong Kong, Indonesia and five others countries in Asia Pacific compare and buy financial products ranging from insurance, loans and credit cards.

read more at Business Standard

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