Walmart buys way into India wealth management to encounter Amazon
Walmart Inc.’s Indian payments unit PhonePe will acquire two wealth management firms for a total enterprise...
Source: siliconindia.com
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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
Fintech Smallcase raises $40 mn from Faering, Amazon, Premji Invest, Sequoia, others
Existing investors Sequoia Capital India, Blume Ventures, Beenext, DSP Group, Arkam Ventures, WEH Ventures and HDFC Bank participated too
Source: businesstoday.in
Amazon enters Indian wealth management with bet on Smallcase
Smallcase was founded in 2015 by three friends Vasanth Kamath, Anugrah Shrivastava and Rohan Gupta
Source: luxtimes.lu
World's Best Banks 2021: Asia-Pacific | Global Finance Magazine
World’s Best Banks 2021: Asia-Pacific Advertisement May 04, 2021 For banks in the Asia-Pacific region (APAC), the onslaught of Covid-19 can perhaps best be characterized as an unprecedented externality that has served to expose—in stark relief—a twin-pronged dynamic of transformation and consolidation that had been in place before the pandemic emerged. That dynamic gained momentum thanks to brutal economic contraction, shrinking margins, savage competition and crimped return on equity (ROE). It represents a swift acceleration of forces that had been steadily building prior to the pandem...
Source: gfmag.com