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To mitigate the economic impacts, Fintech companies have well equipped themselves to reorient in times of crisis given their agile nature

The fintech startup BandPay said that it has received $2 million investment in its iOS and Android app launch from angel investor

Fintech startup Karbon Card has raised $2 million seed funding led by angel investors from India and China, including Kunal Shah (Cred), Amrish Rau (Ex PayU) and Jitendra Gupta (Jupiter) among others

The partnership would enable the SBM Bank to offer complete suite of digital and assisted banking solutions through PayNearby’s network of micro-enterprise and retail touchpoints

Kerala Startup Mission has signed a pact with UK-based fintech major Finastra to boost startups to tap the growing demand for technology and solutions by financial services across the world.

It is important for the banking sector to adopt newer business models and invest in the technology to support those models. Both artificial intelligence and blockchain could be their best bet.

HDFC Bank will partner with leading start-up accelerators from across the world to gain early access to over 30,000 fintech ideas and innovative solutions. 

Fintech and Big Data analytics startup Goals101 has raised a Pre-Series A funding of $3.5 million from Nexus Venture Partners.

The Capital Float which has so far dealt with the B2B customer has launched app-based Consumer Finance solution.

With an aim to promote startup in the state Maharashtra government is mulling to have at least 500 well-funded startups in near future.