Tagged: sbi

February 21, 2023 @ 8:06 am By Omar Faridi  |  

Berlin-based Pliant claims it is looking back at a very successful year 2022. While entering seven additional European markets, it also “recorded a sixfold growth of its customer portfolio.” With the closing of this Series A investment round, the company is “now setting itself up… Read More

February 7, 2023 @ 11:31 pm By Omar Faridi  |  

SBI Digital Asset Holdings Co., Ltd. (SBI DAH) and Zodia Custody Limited, a crypto asset servicing provider for institutional investors and a subsidiary of Standard Chartered, announce that they have reportedly “entered into definitive agreements to launch a joint venture in Japan.” Subject to anti-trust… Read More

August 29, 2022 @ 8:30 am By Omar Faridi  |  

SolanaFM, a Solana blockchain explorer offering indexing and analytical services, recently announced that it has “secured $4.5 million in a seed funding round led by SBI Group’s Digital Asset Opportunity Fund.” The seed funding round that was led by SBI Group’s Digital Asset Opportunity Fund… Read More

January 4, 2022 @ 10:07 pm By Tony Zerucha  |  

India’s largest bank is providing financial incentives to its customers to go digital. Beginning Feb. 1 the State Bank of India is waiving fees on digital transactions for instant money transfers in amounts up to Rs 5 lakh, they said today. That amount is up… Read More

November 19, 2021 @ 9:52 pm By Tony Zerucha  |  

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

October 3, 2021 @ 9:49 pm By Omar Faridi  |  

Japanese financial giant SBI Holdings, Switzerland’s crypto-asset bank Sygnum, and European asset management firm Azimut Group have introduced a VC fund of up to $75M that will be based in Singapore. It will focus on making investments in startups operating in the digital assets space…. Read More

June 7, 2021 @ 10:01 pm By Omar Faridi  |  

The State Bank of India (SBI) (NSE:SBIN), a multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra, reports that it has made a strategic investment in Paypal-incubated digital payments Fintech Cashfree. Launched in 2015, the Bengaluru-headquartered Fintech firm handles more than… Read More

September 27, 2020 @ 1:33 pm By Omar Faridi  |  

Digital banking offers more convenience to consumers, which has become even more obvious due to the COVID-19 crisis. The shift towards all-digital financial services could be permanent, according to the State Bank of India (SBI) Chief. SBI, which is one of India’s largest lenders, is… Read More

July 20, 2020 @ 10:27 pm By Omar Faridi  |  

The State of Bank of India (SBI) has again cautioned against the increasing number of fraudulent activities targeting unsuspecting bank account holders. The SBI is a multinational, public sector banking and financial services statutory body that’s headquartered in Mumbai, Maharashtra. Last year, it was ranked… Read More

June 16, 2020 @ 12:37 am By Omar Faridi  |  

Arundhati Bhattacharya, the former Chair of the State Bank of India who was ranked as the world’s 25th most powerful woman by Forbes in 2016, has argued that banking service providers must become more data-driven and also more digital. In a recent interview with Livemint,… Read More

January 21, 2019 @ 9:29 pm By Samantha Hurst  |  

Tandem, a Switzerland-based startup for smartcard-based NFC wallets for cryptocurrencies and blockchain assets, announced on Monday it received a $15 million investment from Japan’s SBI. According to Tandem, the investment will be used to accelerate the deployment of its cryptocurrency/stable coins, as well as other technologies,… Read More

December 27, 2017 @ 9:25 am By Erin Hobey  |  

Ahmedabad-based SME lending startup and Digital Lenders Association of India member Lendingkart Finance has secured $3.8 M (INR 25 Cr) in debt from the State Bank of India according to multiple news sources, just three months after hauling in $10.9M (INR 70 Cr) in funding round led… Read More