June 13, 2017 @ 12:30 pm By Therese Torris  |  

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

May 21, 2017 @ 1:55 pm By Xu Gao  |  

Financial Technology Becomes a New Spotlight of the Belt and Road Initiative Belt and Road Forum for International Cooperation, also known as the Belt and Road Initiative, was held in Beijing on May 14-15. President Xi Jinping highlighted the role that financial technology has played… Read More

May 19, 2017 @ 2:52 am By JD Alois  |  

Paytm is launching a bank. The news was published in advance of the announcement that SoftBank had invested $1.6 billion into Paytm’s parent company One97 Communications Limited. The SoftBank investment may have been incentivized due to the fact the Reserve Bank of India had approved the… Read More

May 18, 2017 @ 9:19 am By JD Alois  |  

Paytm has announced that SoftBank has invested in their parent company One97 Communications Limited. The $1.6 billion commitment is said to be the single largest funding round from a single investor in India. Crowdfund Insider reported this past week that Paytm was discussing an investment… Read More

May 9, 2017 @ 8:07 am By Erin Hobey  |  

One billion dollars. MobiKwik is set to raise funds from investors including BlackRock Inc. which will value the innovative Indian Fintech company at about $1 billion, according to Bloomberg. Headquartered in Gurgaon, MobiKwik offers a mobile phone based payment system. Customers add money to an online wallet that… Read More

April 27, 2017 @ 10:25 pm By JD Alois  |  

KPMG has published their most recent Pulse of Fintech covering the global Fintech industry during Q1 of 2017. According to their numbers, global investment in Fintech topped $3.2 billion accross 260 deals the first three months of the year. KPMG says that Fintech investment got… Read More

March 2, 2017 @ 11:14 pm By JD Alois  |  

Alibaba has been roaming the globe acquiring or investing digital businesses. The most recent investment lands in India – marking an important entrant for Jack Ma’s firm. According to multiple reports, Alibaba has led a funding round in Paytm, an Indian ecommerce and payments platform. A… Read More