Tag: India
India’s FlexiLoans bags $34.5m Series C for lending platform expansion
FlexiLoans raised $34.5 million in Series C funding to support India’s micro, small, and medium-sized enterprises (MSMEs) through...
Mastercard to pilot Payment Passkey Service in India
New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India.
Participants: The...
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...
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...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for...
India’s Vayana secures $20.5m in Series D funding
Funding Details:Vayana secured $20.5 million in its ongoing Series D funding round, led by SMBC’s Asia Rising...
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...
ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more
ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension.
Lead: CommerzVentures.
Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one.
Purpose:...
Supply chain fintech TASConnect snaps up Solv Malaysia and Solv Vietnam
TASConnect Acquires Solv’s Malaysia and Vietnam Subsidiaries: Key PointsAcquisition Announcement:TASConnect is acquiring Solv’s subsidiaries in Malaysia and...
UAE’s Mashreq Bank appoints Tushar Vikram as new India head
Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key PointsNew Appointment:Tushar Vikram, former Citibank India...
BIS readies for live implementation of Project Nexus in Asia
Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH).
Aims to...
Peru becomes first South American country to adopt NPCI’s UPI tech
Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International...