News

Mindshare veteran Deepika Nikhilender takes MD role at ad tech firm CtrlShift
28/03/2016

Singapore-based ad tech firm CtrlShift, formed at the start of last year from the merger of three companies, has named former Mindshare veteran Deepika Nikhilender as its new managing director.

 

Nikhilender joins the programmatic trading firm after an 18-year career at Mindshare, the last 11 as Asia Pacific business planning leader.

 

She was also chief executive of Mindshare Growth and Emerging Market Solutions (GEMS) for the past two years.

 

Nikhilender will report to CtrlShift chief executive and co-founder Rene Menezes and will spearhead the firm’s Marketer Solutions and Publisher Solutions divisions.

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Dianrong Signs JV With Hanwha Group
05/02/2016

Chinese peer-to-peer lending giant Dianrong has officially joined forces with Hanwha Group, with plans to launch a range of fintech services across South Korea and South East Asia.

 

The equal join venture was agreed to in Seoul on Thursday. The deal ushers into life a new company – as yet unnamed – that will launch a marketplace lending service in South Korea and Asia. The platform will be headquartered in Singapore, with offices due to open within the month. We learn from The Korea Herald that the joint ventue will look to establish an affiliate in Korea in March in order to begin operating a peer-to-peer lending service as early as August or September.

 

News first broke of the partnership back in late November, when a Memorandum of Understanding was signed by both businesses. The deal has been under discussion since April 2015.

 

The Hanwha Group is Korea’s 9th largest conglomerate. The company generated over $42.6 billion in sales in 2014, and boasts 56 subsidiaries and 190 affiliates worldwide. Dianrong is one of China’s leading peer-to-peer lending platforms, and is backed by Standard Chartered and the China Fintech Fund. The platform secured $207m in a fundraising round back in August 2015, and is reportedly looking to raise as much as $500m in an upcoming investment round. Founder Soul Htite is also a Co-Founder of Lending Club – the US’ largest marketplace lending platform.

 

The joint venture will launch into a part of the world where peer-to-peer lending activity has been relatively sparse. We recently covered the launch of peer-to-peer platform Modalku in Indonesia, as well as the arrival of DBS’ pilot small business lending programme – which is powered by AMP Credit Technologies. But the arrival of the Hanwha-Dianrong joint venture is a potential game-changer, and we wouldn’t be surprised to see the South East Asian space heating up over the course of the year.

Read more at Alt Fi News

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Bizzabo Study Reveals Future Trends and Best Practices For Events Industry
21/01/2016

Bizzabo, the all-in-one event success platform, unveiled The “Event Professionals of Tomorrow” Survey revealing that 85% of event planners see email marketing as the key marketing tool, attendee satisfaction is the most significant indicator for event success and more than half of event planners spending less than 10% of their budgets on event technology. The study sought to gather information regarding event planning best practices through direct insights from event professionals. The company has joined forces with award winning industry leaders such as: Bizbash, Catchbox, Glisser, CrowdMics, Eventopedia and TechsyTalk to reach higher coverage and greater results to directly empower the event planners community. Please click here to download the full study and visit www.Bizzabo.com for more information.

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