Paytm Group acquires lending startup CreditMate
Paytm has acquired a 100 percent stake in Urja Money Pvt. Ltd., which offers loan management services using its proprietary technology CreditMate.
Source: techstory.in
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Top News In Capital Float Today - Breaking & Trending Today
IPO-Bound Paytm Takes Over Digital Lending Startup CreditMate
The acquisition has resulted in the exit of the fintech startup’s founders, said Chief Commercial Officer of CreditMate, Aditya Singh
Source: inc42.com
Indian buy now, pay later startup ZestMoney raises $50 million from Australia's Zip – TechCrunch
ZestMoney, a Bangalore-based buy now, pay later platform, said on Wednesday it has raised $50 million in a new financing round from Australia’s Zip as the Indian firm looks to double down on a trend that has shown early signs of traction in several global markets. The eight-year-old Australian firm, which has a presence in […]
Source: techcrunch.com
Amazon India: Amazon enters Indian wealth management with bet on Smallcase
The round marked the first investment by Amazon in a wealth management fintech in India.
Source: indiatimes.com
Startup news and updates: daily roundup (June 9, 2021)
Consumer and business loans company Capital Float said on Wednesday it has raised Rs 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The Bengaluru-based startup said it expects to use the funds to scale its operations and meet the demand of its user base of over two million customers, which has doubled over the last eight months. B2B buyer engagement platform BuyerAssist.io on Wednesday announced that it had raised $2 million in seed financing led by Stellaris Venture Partners and Emergent Ventures. The round also saw participation from ...
Source: yourstory.com