Startup News—nripn—July 30, 2025

Zaggle Expands Horizon with Acquisition of Rio.Money Hyderabad-based Zaggle Prepaid Services has made a significant move into the public credit card space by acquiring Bengaluru startup Rio.Money, enhancing its fintech capabilities. Strategic Acquisition Overview Zaggle's acquisition of Rio.Money is a strategic decision aimed at entering the evolving realm of public credit cards. The deal, valued

AI in Finance—nripn—July 30, 2025

The Intersection of Artificial Intelligence and Finance: Embracing Change The intersection of artificial intelligence (AI) and finance is an exciting realm filled with promise. Financial professionals, technologists, and institutional thinkers are actively participating in discussions that move beyond mere speculation. As the financial sector looks to the future, this is the opportune moment to revolutionize

Startup News—nripn—July 30, 2025

DECENTRO Launches Employee Shareholding Program Amidst Rapid Growth DECENTRO, the fast-growing banking and data buyout platform, has announced its inaugural Employee Share Ownership Plan (ESOP). This significant milestone highlights the achievement of the five-year fintech startup, which currently handles over ₹45,000 crores in annual payment volumes. A Proud Moment for DECENTRO’s Founders "This announcement is

AI in Finance—nripn—July 30, 2025

Alibaba's Strategic Investments in AI and Technology Growth The financial director of Alibaba Group Holding, Toby Xu Hong, expressed the company's unwavering confidence in China's growth, particularly in the realms of artificial intelligence and the resilience of the consumer market. Xu shared these insights during an interview with the Xinhua state news agency, emphasizing the

Startup News—nripn—July 30, 2025

Due Secures €6.3 Million to Revolutionize Borderless Payments Due, a groundbreaking borderless payment startup founded by former members of Revolut, has successfully extended its seed funding round to €6.3 million. This capital injection will enable the launch of its innovative API platform, designed to provide companies with seamless access to Stablecoin payments as part of

AI in Finance—nripn—July 30, 2025

Global Finance's AI Prizes: Acknowledging Innovation in the Financial Sector Global Finance has launched its inaugural AI Prizes in Finance, celebrating the ongoing revolution of artificial intelligence within the financial landscape. Evolution of AI in Finance Artificial intelligence in finance is not a novel concept. Financial institutions have harnessed traditional AI techniques like automatic learning

Startup News—nripn—July 30, 2025

Norman Chan, founding president of DR Technologies. Anthony Kwan / Bloomberg RD Technologies Secures $40 Million in Series A2 Funding Amidst Stablecoin License Application RD Technologies, a fintech startup positioned in Hong Kong, announced on Wednesday that it has successfully raised approximately $40 million in its Series A2 funding round. This capital injection is crucial

Startup News—nripn—July 30, 2025

UK Government Reassesses Encryption Backdoor Demands from Apple The British government has faced significant scrutiny regarding its previous demands made to tech giant Apple. In a controversial move, UK authorities requested Apple to create a secret backdoor into its encryption systems. This backdoor would ostensibly allow government officials to access customer data globally. However, following

AI in Finance—nripn—July 30, 2025

Kuvi.ai Secures $700,000 in Seed Funding to Revolutionize Agency Finance Toronto, Canada, July 29, 2025 (Globe Newswire) - Kuvi.ai, an innovative platform in the realm of agency finance, has successfully completed its $700,000 seed funding round, spearheaded by Moon Pursuit Capital. The current funding marks the initiation of an expanded strategic round, featuring contributions from

Startup News—nripn—July 30, 2025

Understanding Our Commitment to Ethical Reporting Non-Liability Clause Explained At Startupnews.fyi, we are devoted to upholding the highest ethical standards in all our news reports and coverage. We recognize the importance of transparency with our readers, especially regarding potential conflicts of interest that may arise in our work. Transparency in Reporting In our commitment to

AI in Finance—nripn—July 30, 2025

Ping An Insurance: Leading the Digital Finance Revolution with AI Ping An Insurance (Group) Company of China, Ltd. has solidified its position as a frontrunner in the fusion of finance and technology. The recent appointment of Ray Wang as Chief Technology Officer (CTO) and Managing Director of Ping An Technology signifies a pivotal shift in

Startup News—nripn—July 29, 2025

Zaggle Set to Acquire Fintech Startup Rio.Money for $2.5 Million Zaggle, a prominent player in employee expenditure management, is making headlines with its plans to acquire the fintech startup Rivpe Technology Private Limited, widely recognized as Rio.Money. This acquisition is valued at approximately ₹22 crore (around $2.5 million) and aims to enhance Zaggle's foothold in