Tech Insider: Tencent’s Banking Push, Xiaomi’s Chip Drive

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.
Tencent leads investment in Singapore’s digital banking firm
Chinese social media and gaming giant Tencent Holdings Ltd. has led a $70 million funding round for Singapore-based digital-banking firm Tyme that will help it hasten a rollout in South Africa and the Philippines.
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