Page 26 - Fintech Startups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 whole financial system came to a grinding halt and there were many who were hoping to hear some good new...

“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 financially free to pursue their ambition, no matter where they are, ” said Raghunandan G, Founder o...

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 risk and credit officer, Vikram Duggal as senior vice president-data science, and Kinjal Saxena as ...

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. One of the leading financial technology-focused boutique investment banks is raising its own blank-ch...

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 gateways to stop processing their transactions and payments, multiple people aware of the developments t...