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MOBIKWIK reports fourth-quarter income of 267.8 crore rupees with a net loss of 56 crore rupees.

Startup News—nripn—May 21, 2025

Mobikwik Reports Significant Losses for FY2025 Despite Growth in Payment Activities Mobikwik, a prominent Fintech platform based in Gurugram, has reported a substantial loss for the financial year 2025, reversing its profitability from the previous year. The financial downturn can be attributed to rising costs and a decline in credit activity, despite notable gains in

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Media agencies are adopting AI to enhance their capabilities.

AI in Finance—nripn—May 21, 2025

AvidXchange Reports on Financial Health in Media and Advertising Agencies Amid Economic Uncertainty Charlotte, NC, May 20, 2025 (Globe Newswire) - AvidXchange Inc. (NASDAQ: AVDX), a leading provider of automation and software solutions for accounts payable (AP), has unveiled the findings from its 2025 health survey today. Key Findings from the 2025 Health Survey The

The FinTUP Fintech Quid surpasses 5 million users in under a year.

Startup News—nripn—May 21, 2025

Chique Revolutionizes Financial Access with Over 5 Million Users New Delhi (India), May 20: The Mumbai-based fintech platform, Chique, has achieved a remarkable milestone, surpassing 5 million users within just one year of launching on the Google Play Store. Bridging the Financial Gap Quid, an AI-driven financial technology platform, is dedicated to making loans accessible

Badges from AWS and other AI specialists for the financial sector

AI in Finance—nripn—May 20, 2025

The Transformative Role of AI in Financial Services Artificial Intelligence (AI) is no longer a future possibility; it's actively reshaping financial services. This technological evolution is influencing how institutions approach risk management, regulations, customer experiences, and innovation. From enhancing fraud detection to modernizing data architectures, financial organizations are leveraging AI to not only adapt but

London-based fintech Ontik secures 3.2 million euros to establish itself as the real economy bank.

Startup News—nripn—May 20, 2025

Wave: Revolutionizing B2B Credit Automation with €3.2 Million Seed Round British startup Ontik has successfully raised a €3.2 million seed round, surpassing its original goal of €1.7 million. This funding will help Ontik automate commercial credit processes for B2B wholesalers, a sector that heavily relies on outdated manual practices. Investment Driving Innovation in Financial Technology

Affiniti, an AI Fintech Startup, secures $17 million in Series A funding.

Startup News—nripn—May 20, 2025

Affiniti: Redefining Financial Management for Small Businesses with AI A startup has set its sights on revolutionizing the financial landscape for the 33 million small businesses in the U.S. With a significant new financing round, Affiniti aims to enhance the role of AI agents as essential tools for small and medium-sized enterprises (SMEs). New Funding

Another Indian fintech unicorn prepares for a $400 million IPO.

Market Insights—nripn—May 20, 2025

MoneyView: A Rising Star in the Fintech Sector MoneyView, a leading fintech company, currently boasts assets under management worth ₹15,000 crore. This places it among the significant players in the new-age loan market. According to industry insiders, the primary capital will make up a large part of its forthcoming funding challenge. As for collaborations, MoneyView

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Conesubs is using artificial intelligence to create avatar versions of its analysts, delivering videos of simulated bankers to clients.

AI in Finance—nripn—May 20, 2025

Revolutionizing Banking: Conesubs’ AI-Powered Digital Analysts Conesubs, an innovative leader in the banking sector, is making headlines by embracing artificial intelligence (AI) to enhance customer interaction. By transforming their analysts into digital avatars, the company is setting new standards for personalized banking experiences. This innovative approach aims to bridge the gap between technology and human

A financial executive steps out of a corporate office building, symbolizing the exodus of digital asset leaders from major banks like Morgan Stanley, Citi, and BNY Mellon to launch tokenization and blockchain ventures.

Why Digital Asset Leaders Are Leaving Big Banks to Build the Future

Breaking News—nripn—May 20, 2025

Something very suspicious is happening right around Europe. While the world’s biggest seems to be doubling down on digital assets, launching tokens, exploring decentralized currencies, and investing in blockchain structure, people spearheading this work are seamlessly walking out the door without questioning. Not because they are leaving the spot empty, but because they see something

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Treasury Engages in Discussions with Fintech Unicorns About Joining the London Stock Exchange

Jobs Market News—nripn—May 20, 2025

UK Treasury Intensifies Efforts to Attract Fintech Unicorns The City Minister is ramping up initiatives to persuade some of the UK's highly-valued financial technology companies, identified as "unicorns," to list publicly in London. Notable among these is Monzo, which is gearing up for its initial public offering (IPO). Meetings with Key Fintech Leaders On Tuesday

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The London-based Onik fintech startup secures 3.2 million euros in funding.

Startup News—nripn—May 20, 2025

Ontik Raises $3.7 Million to Transform B2B Wholesale Credit Management In a significant boost for the fintech industry, Ontik, a London-based startup, has successfully raised $3.7 million (approximately €3.28 million) in a seed funding round. This amount surpasses its original goal of $2 million, demonstrating strong investor confidence in its innovative solutions for business credit

Leader of Genai startup to address top innovation advisors in 2025.

AI in Finance—nripn—May 20, 2025

Join Angela Shi at the Summit of Innovation Councilors 2025: Exploring AI in Finance The IFA is excited to announce the participation of Angela Shi, founder and CEO of the award-winning AI start-up, at the highly anticipated Summit of Innovation Councilors 2025. This summit will delve into the transformative role of artificial intelligence in the