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Amid IPO buzz, Indian fintech major BharatPe names Nalin Negi as CFO
In his new role, Negi will take charge of the finance function for BharatPe and will be working towards making the company EBITDA positive by March 2023.
Google ups stake in Indian fintech ecosystem, pumps $12 m in payments platform Twid
The platform allows consumers to pay at offline and online stores with a ‘one-click-checkout’ experience using their reward points.
Fintech funding swells past $420.7 m in June, investors line up funds to enter Indian digital payments ecosystem
In the latest round FlexiLoans, backed by KKR India senior advisor Sanjay Nayar and former KPMG top honcho Narayan Sheshadri raised $90 m in a mix of equity and debt in June.
Google pumps $40 million in Indian fintech startup Progcap
The funding into Progcap, which serves more than 700,000 small retailers, was led by Creation Investments and Tiger Global.
‘Indian fintech ecosystem to breach $150 billion mark by 2025’
As per government data, India's fintech adoption rate is at 87 percent as against the global average of 64 percent.
Indian fintech major FidyPay ties-up with Yes Bank to bring better financial inclusion
As part of the alliance, FidyPay will be enabling a seamless connected banking experience. FidyPay will also be the solution provider for UPI services.
Global fintech major Broadridge elevates Sheenam Ohrie as India MD
Sheenam Ohrie joined Broadridge in September 2021 as the COO for India and brings close to three decades of experience across various aspects of product engineering.
Fintech firm Pine Labs raises $150 million from Alpha Wave
Pine Labs said that it has raised $150 million from Alpha Wave Global, bringing its total fundraise in the last seven months to around $870 million
Fintech startup Slice raises $220 million with $1 billion valuation
Homegrown fintech startup Slice announced on Monday that it had raised $220 million in a Series B funding round led by Tiger Global and private equity firm Insight Partners.
Global tech firm McLaren Technology eyes Indian entry, set to pick stake in Indian fintech firm
The tech company, McLaren Tech has raised $201.25 million or about Rs 1,500 crore during its Nasdaq listing early this month for the purpose