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After a $370 million investment round headed by Tiger Global, India's BharatPe is valued at over $2 billion

After a $370 million investment round headed by Tiger Global, India's BharatPe is valued at over $2 billion
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'Wealthy Nigerians trade foreign securities. Low-income earners should be allowed too' – Kola Aina

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The directive of the Nigerian Securities and Exchange Commission (SEC) issued on the 8th of April, 2021 has been met with consternation and a straightforward (but hopefully simplistic) interpretation that the government is out to stifle innovators – again.
These perspectives aren’t unfounded, as innovators of all shades have taken a heavy beating lately due to a number of direct government policies or interpretations of these policies – irrespective of how well-intentioned these policies may be. On the contrary, micro-investment platforms deserve a fair shot within Nigeria’s capital market.
This is especially true considering that the recent regulatory fervour coincides with a period where the innovation ecosystem is recording new milestones and gaining traction, solving problems for users in all walks of life, democratising wealth creation, and creating high-value jobs, all of which Nigeria desperately needs. ....

United States , Exchange Commission , Nigerian Stock Exchange , Nigerian Securities , Capital Market Operators , High Net Individuals , Ten Billion Naira , ஒன்றுபட்டது மாநிலங்களில் , பரிமாற்றம் தரகு , நைஜீரியன் ஸ்டாக் பரிமாற்றம் , நைஜீரியன் பத்திரங்கள் , மூலதனம் சந்தை ஆபரேட்டர்கள் , உயர் நிகர தனிநபர்கள் , பத்து பில்லியன் நைரா ,

Union Budget 2021: Allow fintechs access to liquidity by creating fund within PSU, say experts

Statistics still reflect that across the majority of business sectors cash remains king.
FP Staff
January 31, 2021 18:33:55 IST
Funding fintechs. Image courtesy CNBC-TV18
The financial health crisis of 2020 has already pushed the government to initiate a slew of measures to sustain the economy in the form of policies and packages. Since 2014, the government has encouraged digital payments and positioned digital enablement through financial inclusion as the cornerstone of the next wave of growth. Statistics still reflect that across the majority of business sectors, cash remains king.
Fintech firms shared with
Praveen Agrawal, Co-Head India, OakNorth
We believe that the major theme for this Budget will primarily revolve around technology as an enabler to various sectors and facilitating adequate funding alternatives to Micro, Small and Medium-Sized En ....

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