Tencent

40 results about this entity

Period: 21 Aug 2018 - 11 Nov 2024

Tencent buys minority stake in Brazil's Nubank

Chinese ec-ommerce powerhouse Tencent is extending its interest in the banking sector with a $180 million investment in Brazilian neobank Nubank.

Tencent and KKR invest in Philippine fintech firm Voyager

Chinese web behemoth Tencent and private equity giant KKR are paying a combined $175 million for a "substantial" minority stake in the fintech arm of Philippines telco PLDT.

Stripe and Visa invest in Nigerian payments startup Paystack

Paystack, Nigeria's answer to Stripe, has raised $8 million in a Series A funding round led by Stripe and joined by Visa, Tencent and Y Combinator.

WeChat Pay launches in Malaysia

WeChat, China's most popular social media app, has launched its digital payments service, WeChat Pay, in Malaysia, marking its first product to be released in Asia outside of China and Hong Kong.