Tagged: india

Embedded Finance, Alternative Underwriting Options Allow BNPL Services to Support Easy Checkouts: Report

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

Indian Fintech Tartan Secures Funding to Scale Payroll Management Solution

India-based Fintech firm Tartan has secured funding to scale its business operaitons. The investment round included contributions from 500 Global, InfoEdge Ventures, Naval Ravikant-supported AngelList Quant Fund, among other investors. The company has acquired about $6 million in capital, to date. It intends to double… Read More

Monetary Authority of Singapore and International Financial Services Centre Authority Exchange MoU

The International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) recently exchanged a Memorandum of Understanding (MOU) on supervisory cooperation “in the presence of the Honorable Prime Minister of India Shri. Narendra Modi at GIFT City, Gandhinagar, India.” The MOU provides… Read More

Equity Management Firm Qapita Acquires India’s ESOP Direct

Singapore-based equity management company Qapita announced that it has completed the acquisition of India’s ESOP Direct via a full cash transaction. This should see Qapita secure complete ownership of ESOP Direct’s operating entities from its existing shareholders. With this strategic acquisition, Qapita should become one… Read More

India’s Unocoin Teams Up With CleverTap to Offer Omnichannel Customer Experiences

CleverTap, which claims to be the modern, “integrated” retention cloud, announced it has partnered with Unocoin, India’s first crypto exchange, in order “to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience.” Through this collaboration, and by integrating CleverTap’s solution into its… Read More

UK based Fintech Tide Introduces Pre-Paid Cards for India’s Small Businesses

UK-based business financial platform Tide has teamed up with Transcorp International Limited in order to issue prepaid cards intended for SMEs across India. The co-branded Tide Expense Cards should be introduced as an entry product, supported by India‘s card payment network, Rupay. The Tide app… Read More

Jungle Ventures Leads MarketWolf’s $10M Series A Round

Stock trading platform MarketWolf has finalized a $10 million Series A round that was led by Jungle Ventures and Dream Capital. Existing investors and others such as 9Unicorns, iSeed, Crescent and Riverwalk, also took part in the investment round. As mentioned in the update, this… Read More

Crypto Jobs Report: Circle, Kraken, CoinDCX, Nium Looking to Hire New Talent

  Analysis of online jobs data has found that digital currency exchange Kraken is “leading” the crypto recruitment charge. The company is looking “to fill over 650 new positions in the past week in the UK and United States.” Further analysis shows that Jack Dorsey’s… Read More

India’s Revenue-based Financing Fintech GetVantage Secures $36M in Funding

GetVantage, India’s revenue-based financing Fintech & growth platform for SMEs, has raised $36 million in growth funding led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, and returning investors Chiratae Ventures and Dream Incubator Japan. Other new investors who participated in this investment round “include… Read More

BNPL: ICICI Bank Teams Up with ZestMoney to Expand Cardless EMI Facility

ICICI Bank recently announced that it has teamed up with ZestMoney, a digital EMI/ pay-later platform, in order to expand its ‘Cardless EMI’ facility “for purchases at retail and e-commerce platforms.” The partnership enhances affordability for millions of customers of the Bank who can use… Read More

Kiya.ai Introduces Indian Banking Metaverse

Ever imagine visiting your banking branch virtually (without having to leave your residence) or conveniently discussing investment plans with a financial advisor? Well, the day is not so far away when you may have the option to transact, access banking details and access various banking… Read More

Built for Indian Startups: RazorpayX, Razorpay Now Integrate with Slack

Indian Fintech firm Razorpay notes that Slack has become one of the “most popular” communication apps used in businesses today. As mentioned in a blog post by Razorpay, Slack is a digital workplace communication tool that “connects you to people and tools you work with.”… Read More

Fintech Wirex and Polygon to Launch New Payment Method in India via Mass-Market Wallet

Wirex, a crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet “for Indian customers.” The addition of this popular payment option to purchase crypto “will make the digital economy more accessible for over 1 billion people in India.” The Wirex… Read More

CoinDCX Introduces “Earn” Feature, Offering an Opportunity to Generate Yield on Digital Assets

CoinDCX, which claims to be one of India’s largest and the “most valuable” crypto companies, has announced the launch of its new crypto yield program, ‘Earn’, which is described as a new way for CoinDCX’s customers “to put their crypto to work and earn interest… Read More

Metaverse UGC Platform BUD Secures $36.8M via Series B led by Sequoia Capital India

BUD, a Metaverse user-generated platform, recently announced its $36.8M Series B round led by Sequoia Capital India “with participation from ClearVue Partners, NetEase and Northern Light Venture Capital.” Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the investment round…. Read More

CoinDCX Reinforces its Goal to Expand the Web3 Ecosystem in India, with CoinDCX Ventures

CoinDCX, which claims to be one of India’s largest and “most valuable” crypto companies, recently announced the launch of CoinDCX Ventures, which is described as an investment initiative funding early-stage crypto and blockchain startups, “bolstering India’s digital asset ecosystem and accelerating the transformation of India’s… Read More

CleverTap Appoints Honey Bajaj as SVP, Global Chief of Consumer Experience

CleverTap, which claims to be one of the leading retention Clouds, recently added to its core leadership team “with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience.” In this position, Bajaj will be expected to “pioneer CleverTap’s extensive program to… Read More

Indian Fintech Kaleidofin Finalizes $5M in Second Close of $15M Series B Round

Kaleidofin, a Fintech firm from India, has finalized a second close to its $15 million Series B equity round. The company’s latest investment round has been led by the Michael and Susan Dell Foundation. The recent round takes the total funding secured by Kaleidofin to… Read More

Fingerprints, Mswipe to Bring Contactless Biometric Payment Card to Fintech Sector in India

Biometrics firm, Fingerprint Cards AB and Mswipe, which claims to be one of India’s leading end-to-end digital enablers for SMEs will collaborate and “bring biometric debit and credit card to India, targeting 940 million active payment card customers.” Further, Fingerprint’s “proven” biometric technology along with… Read More

Bengaluru’s Open Financial Technologies Finalizes $50M Series D Round

Open Financial Technologies has reportedly acquired $50 million in capital via a Series D funding round that was led by IIFL Finance. Existing investors Tiger Global, Temasek and 3one4 Capital have also made contributions to  Open Financial Technologies latest investment round. Neobanking platform Open Financial… Read More

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