Ambak, Fintech Startup, Secures $7 Million Funding
Ambak, a year-old fintech startup and marketplace for home loans, has raised $7 million in funding through a combination of seed and pre-series A rounds led by Peak XV Partners.…
Stockify Fintech Makes Waves with USD 10 Million Turnover Milestone
Stockify Fintech has emerged as a trailblazer, marking a significant milestone with a turnover surpassing USD 10 million in the 2023-2024 fiscal year...
Linedata Expands AI Arsenal with DreamQuark Acquisition
Linedata, a global leader in asset management and credit technology, recently announced its acquisition of DreamQuark, a French startup specializing in artificial intelligence (AI) platforms and services tailored for the…
Revolut Ventures Into Indian Market with RBI Nod
Revolut has secured an in-principle authorization from the Reserve Bank of India (RBI) to offer prepaid payment instruments (PPI), including prepaid cards and wallets, within the country...
Startup India: Fintech Sector Receives $551 Million Boost in Q1 2024
The Indian fintech landscape is experiencing a remarkable resurgence in funding, as evidenced by a staggering 59% quarter-on-quarter (Q-o-Q) increase to $551 million in the first quarter (Q1) of calendar…
SCOPE VC: Driving Innovation in Fintech
On Monday, SCOPE VC, the investment banking arm of the invite-only networking platform SCOPE, made waves with its announcement of a $450,000 investment in the fintech startup AuthPay...
Wagely Raises $23 Million in Funding Round Led by Capria Ventures
Indonesian fintech startup Wagely has made waves in the investment landscape, securing an impressive $23 million in a blend of equity and debt as part of its latest funding round...
Understanding the Dynamics of Fintech Startups in India: A Comprehensive Analysis
A recent report released by mergers & acquisitions (M&A) deal-sourcing platform Growthpal has shed light on key trends and insights shaping the fintech ecosystem in the country...
Zain FinTech Launches Bede: A Revolutionary Fintech Brand in Bahrain
Zain FinTech, the financial services arm of the renowned Zain Group operating across the Middle East and Africa, has announced the debut of its innovative fintech brand, Bede (in my…
Morgan Stanley’s Strategic Investment in Paytm’s Parent Company
Morgan Stanley's recent investment of Rs 244 crore in shares of Paytm's parent company, One97 Communications, marks a significant development in the financial landscape...