RBI set to launch United Lending Interface to simplify access to credit for underserved borrowers
New Platform Launch: The RBI is preparing to launch the United Lending Interface (ULI), a new technology platform designed to simplify access to...
New fintech Barq led by former STC Pay CEO launches in Saudi Arabia
Company Overview: Barq is a Saudi financial services start-up founded in 2023 and led by former STC Pay CEO Ahmed Alenazi. The company...
Visa reportedly in negotiations to acquire Featurespace in potential £700m deal
Potential Acquisition: Visa is reportedly in advanced talks to acquire UK-based fraud detection firm Featurespace in a deal potentially valued at over £700...
Arch Lending raises $75m in equity and debt financing to power crypto-backed loans
Company Overview: Arch Lending, a New York-based fintech start-up founded in 2022, specializes in providing crypto-backed loans to individual and institutional investors.
Recent...
India’s DMI Finance lands a further $334m investment from MUFG
Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions to corporate borrowers and serves...
Lettuce Financial bags $15m Series A led by Zeev Ventures
Funding Secured: Lettuce Financial, a San Francisco-based fintech start-up, has raised $15 million in a Series A funding round led by Zeev Ventures,...
US fintech start-up Received to close down
Company Closure: Received, a New York-based billing and accounts receivable platform, is shutting down. The decision was made by the company's co-founder and...
Cardea acquires select assets from NSCG, rebrands as Fourcore Capital
Rebranding and Acquisition: Cardea Corporate Holdings, an Atlanta-based wealth management firm, has rebranded as Fourcore Capital following the acquisition of select technology and...
Swiss National Bank announces launch of instant payments in Switzerland
Market Launch: The Swiss National Bank (SNB) has introduced instant payments in Switzerland, allowing around 60 Swiss financial institutions to receive and process...
