Page 11 - Fintech Startup News Today

Looking into this surge in the interest and participation of the retail investors in the stock market, Trade Brains, a leading Bangalore-based fintech startup, is betting on Do-It-Yourself (DIY) investing among the retail investors.

The funding is mainly intended towards expansion of the company's product footprint across Asia, North America, the Middle East, and African markets, Fable Fintech said.

In his clarification, Nithin said the reported figure isn’t the actual salary that is being drawn, and that the resolution was merely an enabling one that allows them as working promoters to draw salaries up to the number in case of liquidity requirements.

How Max Life Insurance adopted a digital approach Enter Max Life Insurance. As one of India’s largest non-bank private-sector insurers, the company has focused on creating an online channel where customers could go about buying policies without any intermediary. 0 claps Share on According to IBEF, the insurance industry of India has 57 players, and the overall market size of the sector in India is expected to $280 billion in 2020. Traditionally, agents or banks sell life insurance policies to...

This Bengaluru fintech startup uses the power of community networks to improve financial inclusion Founded in July 2019, Bengaluru fintech startup Findeed provides low to mid-income Indian families access to formal credit with simple and fair collateral-free loans. 0 claps According to a report by BCG, close to 800 million Indians from 160 million households (60 percent) in the low to mid-income segment do not have access to formal credit. By 2025, this number would increase to 200 million hou...

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Cred enters unicorn club; valuation touches $2.2 bn Cred is among the few Indian startups to accomplish unicorn status at an early stage, having started its operations only two and a half years ago BusinessToday.In | April 6, 2021 | Updated 17:12 IST Credit card payment platform Cred had in early January 2021 announced a $80 million fundraising round, which had valued it at $806 million Credit card payment platform Cred announced on Tuesday, April 6, that it has closed its Series D funding rou...

Revolut, the $5.5 billion fintech startup, is set to enter India and may have 200 jobs up for grabs. “I am amazed at the quality of talent in India,” co-founder

Delhi-based Ruptok Fintech acquires GoldUno in an all-stock deal The acquisition solicits existing associations and customer base of the Mumbai-based company along with the expertise of the founding team which will help in strengthening Ruptoks foothold in India. 0 claps Vinrak Technologies Private Limited, which owns GoldUno brand, in an all-stock deal. With this acquisition, Ruptok Fintech, which currently has a presence in Delhi-NCR, will enter into the Mumbai market and will be offering lo...

Fintech start-up YAP raises $10 million in Series B funding March 16, 2021 × YAP, a Chennai-headquartered fintech start-up, on Tuesday announced that it has raised Series B funding of $10 million (₹ 73.2 crore), co-led by Flourish Ventures and Omidyar Network India. This is the second fundraising for YAP in less than a year, which saw the participation of its existing investors BEENEXT, 8i Ventures and DMI Group. The Sparkle Fund and Better Capital also participated in the financing round. ...