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Scoop: Razorpay looks at $2 billion valuation in new funding round - Vimarsana News

Scoop: Razorpay looks at $2 billion valuation in new funding round

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 is in talks with its existing investor Singapore's sovereign investment fund GIC and others to raise ...

Amazon-ICICI-Axis ready with NUE plan - Vimarsana News

Amazon-ICICI-Axis ready with NUE plan

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 India's digital payments space.

Axis Bank: Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPI - Vimarsana News

Axis Bank: Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPI

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 India's digital payments space.

UK fintechs seek 'cure for Brexit' in Lithuania | Money - Vimarsana News

UK fintechs seek 'cure for Brexit' in Lithuania | Money

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 number of UK-linked digital financial companies are getting licences there so they can continue to op...

Fintech firm ISFC in talks to raise $12 million in equity and debt - Vimarsana News

Fintech firm ISFC in talks to raise $12 million in equity and debt

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-convertible debentures in its eighth round of funding. The education sector lender, which is backed by US...