Page 12 - Fintech Startups News Today

The Policybazaar SMS ad, circulated in March 2020, was deemed by IRDAI as “having potential to cause avoidable panic among customers”.

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. LHoFT Foundation selects 14 fintech startups to showcase financial inclusion in Africa 12 hours ago Source: LHoFT Building on the success of the 2018 and 2020 editions of CATAPULT: Inclusion Africa, the LHoFT Foundation is opening tomorrow, on Wednesday 19th of May, the third edition of this unique program ...

PhonePe is planning to enter the stockbroking business SECTIONS Share Synopsis PhonePe intends to tap its existing customer base to leapfrog established players Zerodha and Upstox and new rivals Paytm Money in the stockbroking business. ETtech PhonePe’s plans to enter India’s retail stockbroking market comes at a time when it has been asked to moderate its volume on UPI to comply with NPCI’s new rules for third-party applications. (Illustration: Rahul Awasthi/ETtech) Mumbai:PhonePe, India...

Well soon meet in your inbox. Please wait... Existing investors DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina also participated in the new round, while Insight Partner is the new entrant to Creds cap table. "Im very happy to share that three months after our Series C, continued interest from leading institutional investors has resulted in us closing a Series D," Shah said in the note, reviewed by ET. "While valuation is a milestone that many cel...

This bootstrapped startup aims to make stock market investments AI-driven Upside AI is a Mumbai-based investment firm that uses machine learning and fundamental analysis to invest in the Indian stock market. 0 claps Share on Kanika Agarrwal, Atanuu Agarrwal, and his friend Nikhil Hooda believe artificial intelligence (AI) is the new Warren Buffett. This got them to start Upside AI in December 2017.   Kanika says, “We started Upside AI with the belief that technology should be at the core w...

Startup salaries swell amid pandemic-induced funding boom SECTIONS Share Synopsis Engineers, data analysts, developers and product managers with three-to-seven years experience are being hired at 50% higher salaries by startups flush with funding. ETtech The slug of capital comes with an expectation to grow faster that requires quality talent, which in turn comes at a higher cost. (Illustration: Rahul Awasthi/ETtech) Mumbai: Increased demand for technology talent, following an accelerated focus...

IBT Hottest Fintech Startups 2021: Disruptors To Watch For There is perhaps no other time in modern history when recognizing the role of startups in driving transformational growth and creating inclusive and positive change is so important. The pandemic has accelerated the trends toward online services and cashless economies, reshaping the banking and financial services industry in the process. Much of this change is being driven by fintech startups as traditional companies in the space fight t...

Fintech startup YAP raises $10 million in Series B funding SECTIONS Last Updated: Mar 16, 2021, 06:01 AM IST Share Synopsis Fintech startup YAP will use the funding from investors Flourish Ventures and Omidyar Network India to fuel its overseas expansion and strengthen its team via fresh recruitments. iStock Mumbai: Fintech startup YAP has raised $10 million in a Series B funding that was co-led by Flourish Ventures and Omidyar Network India at an undisclosed valuation. YAP’s existing investo...

[Product Roadmap] How a focus on simplicity and user experience got MoneyTap the scale it was looking for In this week’s Product Roadmap, we feature MoneyTap, the fintech startup that has more than 15 million app downloads, and is constantly innovating to better the credit experience for customers. 0 claps Share on In early 2015, Bala Parthasarathy, then part of VC firm Prime Venture Partners, realised that India was at the cusp of a digital transformation.  Consumers were getting familiar ...

India’s fintech market likely to grow to 6 lakh crore India Published: Friday, February 26, 2021, 13:21 [IST] New Delhi, Feb 26: Our effort is to encourage private enterprises wherever possible. However, the country needs effective participation of the public sector in banking and insurance, Prime Minister Narendra Modi said. The PM was addressing a webinar on budget proposals (financial sector). Prime Minister Narendra Modi There is still great scope for the banking & insurance sectors in ou...