Page 3 - Fintech Companies

Pine Labs acquiring fintech infrastructure start-up Setu for $70-75 mn

Pine Labs, backed by investors such as Sequoia Capital, PayPal, and Mastercard, competes with fintech companies such as BharatPe, Mswipe, Paytm, and Razorpay

WEF 2022: 5 Indian start-ups among 100 to join Tech Pioneers community

The selected start-ups are also invited to participate in WEF 2022 workshops and events and high-level discussions during their two years in the community

Fintech Kaleidofin raises 2nd tranche of $15 mn Series B equity funding

According to the company, the proceeds of this round will be used to strengthen tailored credit solutions for informal sector customers.

Rise Capital begin operations in India; appoints Anuj Mehta has India head

Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.

Startup firms let Indian retail investors buy corporate debt at $130

The new start ups are seeking to reassure investors they are doing all they can to protect their clients

Financial firm MyShubhLife raises Rs 100 cr in Series-B funding from Gojo

The company said it would utilise the funds to further expand its footprint with more corporate and large platform partnerships, invest in technology and enlarge its talent pool

Ashneer Grover hits out at BharatPe board members for 'snatching keys'

Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company

BharatPe enters gold loan segment; eyes disbursals of Rs 500 cr this year

For launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge

Xoxoday raises US $30 million from Giift and Apis Partners

Giift and Apis Partners announced today that it has acquired a significant strategic interest in Xoxoday, a fintech disruptor in the rewards, incentives and payout space.

Fintech GoalTeller raises $500,000 Pre-Series A from slew of investors

The company plans to focus on further building its team, especially on the sales development and some senior tech hires

Fintech firm WeRize eyes $200 mn annualised revenue run rate by 2025

It has been able to gather more than billion data points over the last 2.5 years of its customers, which helps the company to design better and customise financial products.

Fintech firms demand further liberalisation of tax regime in Budget

The fintech industry has urged Finance Minister Nirmala Sitharaman to further liberalise the tax regime for financial sector startups in the forthcoming Budget

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Razorpay was valued at $1 billion in October 2020 and $3 billion in April 2021

Sequoia Capital sees Indian financial firms' value soar to $2.5 trillion

Valuations for India's fintech companies should jump 10 times to $500 billion by 2030

PM Modi will inaugurate FinTech leadership forum on December 3

The forum will witness participation from over 70 countries

The market has become a lot more real of late: PB Fintech's Dahiya, Bansal

The company is looking to raise Rs 5,700 crore at a Rs 44,000-crore valuation

Fintech firm Salt to ramp up hiring in India; raises $500,000 funding

Fintech firm Salt on Monday said it has raised $500,000 and is looking at strengthening its headcount to about 100 by the end of next year

The new tango between banks and fintechs: Rivals of yore turn partners

Banks and fintechs are realising that disruption has a huge collaborative aspect to it too

Indian fintech market poised for multi-fold growth for newer biz models

India, as the KPMG report suggests, is a unique market where the regulator has been actively involved in giving access to new-age fintech players

Fintech hub at GIFT City: IFSCA in talks with overseas regulators

IFSCA in talks with 10 foreign counterparts to help Indian fintech firms expand globally