Tag: FinTech News Asia
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...
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:...
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...
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...
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,...
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)....
Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms
Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility.
Fintech...
Fintech unicorn Slice to merge with India’s North East Small Finance Bank
Indian credit card fintech Slice has received approval from the Reserve Bank of India (RBI) to merge with North...
AlphaSense lands $150m Series E funding at $2.5bn valuation
AlphaSense, an AI-powered market intelligence platform, has raised $150 million in Series E funding, led by Bond, bringing its...
Bright Money lands $62m debt and equity funding
US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank...
Pakistan’s latest challenger HugoBank gains preliminary approval
Pakistani challenger HugoBank receives preliminary approval for its Digital Retail Banking (DRB) license from the State Bank of Pakistan...
India’s Yes Bank draws on Zaggle to launch credit cards with spend management capabilities
Yes Bank and Zaggle are collaborating to launch a corporate credit card with spend management features in India, catering...