AI
FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...
Banking
HSBC India partners with Open Financial Technologies to launch FinConnect for business clients
Key Points:Partnership Objective:Simplify payment processes for HSBC's business customers in India.New Offering:Launch of HSBC's FinConnect in India.
Described as a...
Banking
Turkey’s Colendi reportedly raises $65m Series B funding led by Citi
Company: Colendi, a Turkish digital banking start-up.
Funding: Raised $65 million in a Series B round.
Lead Investor: Citi Ventures.
Supporting Investors: Hedef...
Banking
Turkish challenger Papara reportedly set to acquire digital wallet fintech SadaPay
Turkish challenger bank Papara is reportedly set to acquire SadaPay, a digital wallet provider based in Pakistan, in an all-stock transaction.
The deal,...
Banking
Raqami Islamic Digital Bank in Pakistan partners Codebase Technologies for Digibanc platform
Raqami Islamic Digital Bank in Pakistan has selected Codebase Technologies to power the launch of its Shariah-compliant digital banking services.
The bank will...
Banking
India’s RBI orders Paytm Payments Bank to halt banking services by end of February
The Reserve Bank of India (RBI) has directed Paytm Payments Bank to cease accepting deposits, providing credit services, and facilitating fund transfers from...
AI
India’s M2P Fintech acquires Goals101 to tap AI-led transaction behaviour intelligence
Acquisition Details:M2P Fintech, based in Chennai, India, has acquired Goals101 for approximately $30 million (INR 250 crore).Integration of Goals101:Goals101's platform,...
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