Market Rumors—nripn—January 9, 2025

In January 2024, there was a press report that woven Finance, a Nigerian fintech, will close its doors in the first quarter of 2024. However, the fintech refuted the claim and said an email warning customers of the impending shutdown was sent in error. During a call with Techpoint Africa, Frank Ugwulali, head of product

Startup News—nripn—January 9, 2025

Focused on the transportation industry fintech startup AtoB plans to open a research and development center in Bangalore to power its growing global operations, co-founder and CEO Vignan Vélivéla ET said.The San Francisco-based company is also in the final stages of an acquisition in India, he said, without elaborating. “We’re definitely in expansion mode now,”

AI in Finance—nripn—January 9, 2025

A panel appointed by the Ministry of Electronics and IT (MeitY) has recommended an inter-ministerial or whole-of-government approach to governing artificial intelligence (AI). Indeed, according to the panel, a collaborative and coordinated approach from different regulators can enable them to be more efficient and effective, given the complexity likely to be involved in managing large-scale

Startup News—nripn—January 9, 2025

The latest news from another fintech startup close the doorsproves how difficult the current market is. THE fintech landscape was crowded and startups have to work even harder to stand out from the crowd. According to Crunchbase dataglobal venture capital funding in the third quarter of 2024 decreased 16% from the previous quarter and 15%

Breaking News—nripn—January 9, 2025

In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, recent news that TabaPay would put an end to its FinTech acquisition project Synapse Financial Technologies evokes another type of connectivity: The links established between FinTechs, sponsor banks, their efforts to develop banking as

AI in Finance—nripn—January 9, 2025

Advanced micro-devices (NASDAQ:AMD) investors, get ready. HSBC just put the brakes on the chipmaker, downgrading the stock from Buy to Reduce and reducing its price target from $200 to $110, suggesting a bumpy road ahead. HSBC analyst Frank Lee didn't hold back, highlighting AMD's lackluster prospects in the red-hot AI GPU market. He highlighted low

AI in Finance—nripn—January 8, 2025

The annual Consumer Technology Show CES 2025 officially kicks off on January 7 and is guaranteed to bring a variety of interesting, eye-catching and downright weird new products to the famous Las Vegas Strip. Every CES comes with its share of big-name announcements, whether they're chipmakers, automakers or small startups. And this year will be

AI in Finance—nripn—January 8, 2025

When it comes to artificial intelligence (AI), chances are you think of the actions of the “Magnificent Seven” such as Microsoft, NvidiaOr Tesla simply by default. But in 2024, a smaller player has emerged from the deepest recesses of the AI ​​field and propelled itself into the spotlight. Darling Business Software Palantir Technologies had a

Jobs Market News—nripn—January 8, 2025

Student debt is a challenge for millions of students and graduates around the world. In the United States alone, the situation has reached a staggering level, affecting more than 45 million borrowers. Most students are forced to carry significant debt with them because college has become too expensive. This makes it very difficult for them

Market Rumors—nripn—January 8, 2025

Decentralized exchange (DEX) Hyperliquid is facing significant turbulence as it saw $60 million in USDC outflows amid rumors that North Korean hacking groups are actively targeting the platform. This also impacted its native token HYPE, which plunged more than 10% in the last 24 hours. Cybersecurity expert Tayvano revealed on December 22 that on-chain evidence

Startup News—nripn—January 8, 2025

Shri M Nagaraju, Secretary, DFS, M/o Finance, today chaired a meeting with Fintech Ecosystem Partners, New Delhi. The meeting was also attended by senior officials from RBI, NPCI, CRF-IND, MeitY and around 60 founders/co-founders of various Fintech entities and Fintech associations. The engagement with partners across the start-up and Fintech ecosystem has been designed to

AI in Finance—nripn—January 8, 2025

NVIDIA shares (NVDA) fell more than 6% on Tuesday, a day after stocks closed at a record high in anticipation of Speech by CEO Jensen Huang at the annual CES technology industry show in Las Vegas. Huang's presentation Monday evening gave a burst of updates on upcoming Nvidia products, providing insight into the future of