Cred in talks to raise $100 mn; CureFit may secure funding from existing investors

Binu Paul

Cred, a fintech venture launched by FreeCharge co-founder Kunal Shah, is in advanced stages of discussions with Chinese investment ....

15 April, 2019

Naspers-backed PayU buys digital payments firm Wibmo for $70 mn

Kavya Kothiyal

Naspers-owned PayU on Friday said it has acquired California-headquartered Wibmo Inc, which also operates in the digital payments ....

12 April, 2019
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Lightspeed leads $3.5 mn seed round in fintech startup Setu

Kavya Kothiyal

A former adviser at venture capital firm Aspada Investments, Sahil Kini, and a former developer head at digital database initiative ....

11 April, 2019

EdgeVerve launches AI-powered solution for banks

Anand J

EdgeVerve Systems, an Infosys subsidiary which develops cloud-based software applications, has launched an artificial intelligence-powered ....

8 April, 2019

Flipkart testing video-based KYC solution to launch customer lending

Binu Paul

Homegrown e-commerce giant Flipkart is preparing a video-based Know Your Customer (KYC) solution to offer instant credit to its ....

8 April, 2019

RBI to set up innovation hub for fintech firms

Binu Paul

The Reserve Bank of India (RBI) said it will set up a fintech innovation hub, for which it is preparing soon-to-be-released guidelines. The ....

26 March, 2019
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Pravega Ventures’ Mukul Singhal on why early-stage tech investing is on an upswing

Kavya Kothiyal

When Mukul Singhal and Rohit Jain, former fund managers with SAIF Partners, founded Pravega Ventures more than three years back, ....

20 March, 2019

Farm-focussed fintech startup Jai Kisan secures seed funding

Vijayakumar Pitchiah

Mumbai-based Greenizon Agritech Consultancy Pvt. Ltd, which operates Jai Kisan, a lending platform for the farming community, ....

4 March, 2019

Synechron's Faisal Husain on why India can be among global blockchain leaders by 2023

Vignesh Ananthraj

US-based information technology company Synechron Inc. serves the banking, financial services and insurance (BFSI) sectors. Founded ....

26 February, 2019

Online lending platform ZipLoan secures Series B capital

Kavya Kothiyal

Online lending platform ZipLoan has raised Rs 90 crore ($12.5 million) in a Series B round led by venture capital and growth-equity ....

19 February, 2019
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Anil Ambani-owned Reliance Realty to set up fintech hub in Navi Mumbai

Binu Paul

Reliance Realty Ltd, the wholly-owned subsidiary of Reliance Communications, is developing a massive 30-million square feet smart ....

11 February, 2019

Blockchain-based loan facilitator StreamSource raises seed funding

Kavya Kothiyal

StreamSource, a blockchain marketplace that facilitates unsecured loans, has raised $1 million (Rs 7.1 crore) in a seed funding ....

31 January, 2019

AI to permeate banking, financial services, insurance in 2019: Infosys study

Anand J

Artificial intelligence (AI) will suffuse banking, financial services and insurance in 2019, entering new areas like compliance, ....

30 January, 2019

Credit-scoring platform CreditVidya raises extended Series B round

Kavya Kothiyal

InfoCredit Services Pvt. Ltd, which operates credit-scoring platform CreditVidya, has raised $3 million (Rs 21.3 crore at current ....

29 January, 2019

India B2B digital solutions market to reach $29 bn by 2023: Report

Shweta Sharma

The Indian business-to-business (B2B) digital services market is expected to grow from $5.6 billion (Rs 39,864 crore) now to $29 ....

18 January, 2019

Online insurance platform Turtlemint pockets $25 mn in fresh funding

Vijayakumar Pitchiah

Online insurance platform Turtlemint has raised $25 million (Rs 178 crore at current exchange rates) in a fresh funding round ....

16 January, 2019

Angels invest in PaisaDukan in third seed round; Crofarm secures bridge capital

Binu Paul

Mumbai-based fintech firm BigWin Infotech Pvt. Ltd, which owns peer-to-peer lending marketplace PaisaDukan.com, has raised $235,000 ....

14 January, 2019

Flashback 2018: Fintech segment continues to enjoy the purple patch

Vijayakumar Pitchiah & Kavya Kothiyal

India's nascent but fast-growing fintech sector recorded another year of success in terms of funding and entrepreneurial activity, ....

31 December, 2018

FINO Paytech invests in fintech startup CityCash

Binu Paul

Financial services company FINO PayTech Ltd has invested an undisclosed amount in Mumbai-based fintech startup CityCash. As ....

17 December, 2018

Drone makers, digital wallet companies unite to form industry lobby DICE

Payal Ganguly

Private sector stakeholders who represent businesses that straddle emerging technologies have come together to form an industry ....

12 December, 2018

Student loans provider Mpower scouts for acquisitions to grow India presence

Kavya Kothiyal & Bruhadeeswaran R

Mpower Financing Inc, a Washington D.C. based fintech startup that facilitates loans for international students, is scouting acquisitions ....

12 December, 2018