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IFC joins Boost’s cap table with US$20M bet on digital lending

Boost has secured a US$20 million equity investment from the International Finance Corporation (IFC), bringing the World Bank Group’s private-sector investment arm onto its cap table as the Malaysian fintech looks to deepen its digital lending and financial services business.

[Closing Market] KOSPI Falls Below 7,000 as Tech Stocks Slump

Opening after the Chuseok holiday on Monday, Sept. 28, the domestic financial market faced severe downward pressure as concerns over the prolonged global high-interest-rate stance and the shock wave…

  • KOSPI index fell below 7,000, closing at 6,889.74
  • Foreign investors sold 3 trillion won worth of stocks
  • Semiconductor sector, especially Samsung Electronics and SK hynix, dropped over 5%

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