Turkey Fintech: Sipay Raises $15 Million Series A
Sipay, a company that claims to be the fastest-growing Fintech in Turkey, is reporting a $15 million Series A funding round.
Source: crowdfundinsider.com
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Peak XV, Temasek-backed Fi is the latest fintech to get NBFC licence
Last valued at $520 million in July 2022, the neobanking company's revenue came in at Rs 1.27 crore in FY21 and Rs 25.6 crore in FY22, data from PrivateCircle shows
Source: moneycontrol.com
Fintech platform Grip Invest snags $10 mn from multiple investors in Series B round
Fixed income investment platform Grip Invest has raised Rs 82 crore (around $10 million) in a Series B funding round. The round which saw a ......
Source: vccircle.com
payu b2b pay: PayU eyes B2B pay, credit play under new top brass
From being an early player offering online payments to internet companies back in 2011, to facing severe competition from new-age startups such as Paytm and Razorpay, to a failed attempt to acquire Billdesk and facing a merchant acquisition embargo from the Reserve Bank of India, PayU has had a chequered history in India.
Source: indiatimes.com
Peak XV, Temasek-backed Fi laying off 10% of staff to preserve cash for 2 years of runway
Last valued at $520 million in July 2022, the neobanking company registered revenues of Rs 67 lakh in FY20, Rs 1.27 crore in FY21 and Rs 25.6 crore in FY22, according to data from PrivateCircle
Source: moneycontrol.com