Page 13 - Fintech Startups News Today

Scoop: Razorpay looks at $2 billion valuation in new funding round SECTIONS Share Synopsis Fintech startup Razorpay is in talks with existing investors such as GIC, Tiger Global and Sequoia Capital to raise $150-200 million at nearly double its existing valuation. Razorpay, a Bengaluru-based fintech startup, entered the sought-after unicorn club in October, when it raised $100 million at a valuation of just over $1 billion. (Illustration: Rahul Awasthi/ETtech) Mumbai: Fintech startup Razorpay i...

Along with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a New Umbrella Entity (NUE) that will build a UPI-like settlement system in Indias digital payments space.

Along with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a New Umbrella Entity (NUE) that will build a UPI-like settlement system in Indias digital payments space.

Monday, 22 Feb 2021 08:15 AM MYT A senior official in charge of supervision at Lithuania’s central bank, Jekaterina Govina, said during the Brexit transition period, fintech companies began to search for an alternative EU harbour and thus Lithuania has become one of their primary options. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. VILNIUS (Lithuania), Feb 22 — Thanks in part to Brexit, Lithuania is becoming a fintech hub as a growing n...

Fintech firm ISFC in talks to raise $12 million in equity and debt SECTIONS Share Synopsis In view of the pandemic, Hyderabad-based Indian School Finance Company (IFSC) is looking to extend interest-free fixed instalment loans and help drive schools towards digital transformation. Hyderabad: Fintech startup Indian School Finance Company (ISFC) is in talks with family offices to raise fresh equity of Rs 50 crore and an additional Rs 50 crore in debt (about $12 million overall) through non-conver...

Budget 2021-22: How favourable was it for digital lenders? Fintechs, reaching out to the under-served   -  /iStockphoto× Government support is crucial for fintechs to serve the financial requirements of the unbanked sections of society While presenting this year’s Budget, the Finance Minister had an onerous responsibility. In the span of a pandemic hit year, India experienced its largest-ever GDP contraction and is also reeling from a severe crisis: both humanitarian and economic. The whol...

“In an increasingly connected world, though people are moving across countries at an accelerated pace, the global financial systems are archaic and fragmented, creating headwinds for a global citizen. With Zolve, we aim to create a financial world beyond borders that provides equitable access to global financial products on one single platform. "Our cross-border neobank will enable global citizens to access financial products seamlessly, save money and invest it further, helping them be fi...

Lendingkart announces three key leadership appointments SECTIONS Share Synopsis Sundar Gosakan joins Lendingkart as the chief risk and credit officer, Vikram Duggal as senior vice president-data science, and Kinjal Saxena as vice president-product ET Online (Illustration: Rahul Awasthi/ETtech) Bengaluru:Lendingkart Technologies has announced three leadership appointments to strengthen its product, data science, credit and risk functions. Sundar Gosakan will join the fintech startup as the chief...

FT Partners This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Investment bank FT Partners and private equity firm Bregal Sagemount are seeking to raise $400 million through a blank-check company. The partners intend to take a financial technology, software, or other tech company public.  FT Partners has advised on four fintech SPACs, including one that closed in late December. O...

Synopsis The Enforcement Directorate and CIDs have launched probe against more than two dozen China-backed loan apps and directed Paytm and Razorpay to stop processing their transactions and payments. Getty Images Mumbai: The Enforcement Directorate (ED) and Criminal Investigation Departments (CID) of various state police forces are set to launch probes against more than two dozen China-backed fintech lenders, such as SnapIt Loan, Bubble loan, Go Cash and Flip Cash, having directed payment gate...