Tag: Fintech
India is among the fastest adopters of Fintech: Nirmala Sitharaman
According to the minister, the FinTech adoption in India is 87% as compared to the global average of 64%
Amazon pumps $40 mn in Indian fintech startup Smallcase tech
The latest round marked the first investment by Amazon in a wealth management fintech in India. The US technology major made the investment through its $250-million tech fund ASVF
Indian fintech sector rakes in over $2 billion in investments during the first half this year
According to the latest KPMG report, this is almost the same amount of funding the sector got in the entire 2020, making this the best run ever for the fintech ecosystem
FinTech startup Nivesh ropes in Mobikwik’s Pradeep Bhasin as co-founder and chief business officer
Fintech firm Nivesh said that it has appointed Pradeep Bhasin as co-founder and chief business officer.
JP Morgan explores future tech expansions, acquires travel solutions platform Tavisca
The move is in line with the company’s plan to grow beyond its traditional banking services in the aftermath of the pandemic
BharatPe looks to expand tech offerings, to onboard 100 techies in FY22
The company, which is among the top fintech players in India is set to launch a slew of products in the merchant and consumer lending space
Regional fintech leaders laud Bangladesh govt’s ‘Nagad’ PPP model for startups
Syed Abdullah Al Mamun, CEO of Bangladesh Rating Agency said that he is witnessing the incredible growth of 'Nagad' and views the organisation as a benchmark in Bangladesh's startup scene.
Green Soul raises Rs 1.5 crore in revenue-based financing from Velocity
The online furniture market today constitutes only 3% of overall furniture retail, however, this sector is expected to grow at a rapid clip of 40% per annum for the next 5 years.
WealthDesk raises $3.2 million funds in Pre-Series A round
Founded in 2016, WealthDesk positions itself as an investment technology platform that captures the entire Asset Management & Advisory value chain from portfolio creation on top of Equities and ETFs, productizing these into investment products called WealthBaskets.
Indian fintech Progcap raises $25 million from Tiger Global, Sequoia Capital India
Progcap offers collateral-free loans to retailers across the country and focuses on retail financing announced to raise $25 million in a Series B funding round
