SINGAPORE -- A Hong Kong-based private equity fund led by a former Alibaba executive is ramping up its bets on Southeast Asia's financial technology sector, pushing to help promising startups become so-called unicorns by reaching valuations of over $1 billion.
Startups
Ex-Alibaba exec's fund bets big on 'golden era' of ASEAN fintech
01Fintech says ready to offer money, expertise to foster unicorns
Mobile e-payment logos on display at a street stall in Vietnam. Fintech services are growing rapidly in Southeast Asia, where many people are underbanked. © Reuters
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