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Malaysian Kenanga Investment Bank partners with Singapore's Helicap for digital initiatives, investing 8% in Helicap's Series B round.
Kenanga Investment Bank Berhad of Malaysia has partnered with Singaporean fintech Helicap Pte Ltd to enhance its digital initiatives.
Kenanga Group has invested about 8% in Helicap's Series B funding round, aiming to increase its stake to around 10%.
This collaboration will leverage Helicap's alternative lending technology to improve Kenanga's offerings and create a modern private credit business, aligning with Kenanga's broader digital transformation strategy.
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El Banco de Inversiones Kenanga de Malasia se asocia con Helicap de Singapur para iniciativas digitales, invirtiendo el 8% en la ronda Serie B de Helicap.