SEARCHED FOR: Fintech

Fintech startup Pine Labs said it has raised $285 million in new funding from public mark crossover investors, including Marshall Wace, Baron Capital Group, Duro Capital, Moore Strategic Ventures, and Ward Ferry Management.

The move is likely to create 100 new jobs, including several high skilled positions in the tech and fintech industry

Singapore-based neo-banking startup StashFin has announced the completion of Series B Extension equity financing of $40 million from a clutch of global investors.

Feedzai develops artificial intelligence and machine learning technology that helps banks and other financial firms to spot and prevent payments fraud, money laundering and other types of illicit activities

Fintech startup SarvaGram said it has secured $10.5 million in a Series B equity Investment round led by Elevation Capital (formerly SAIF Partners) along with pro-rata participation from existing investor Elevar Equity.

The Union Budget 2021 has a lot of encouraging initiatives for the startup ecosystem and meets some of the expectations of the Fintech industry.

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