Nripn

Market Rumors—nripn—December 11, 2024

In my article of October 3, 2023, entitled “Establishment of Industrial Standards Forum by SEBI – a pragmatic era in regulatory implementation", I mentioned it SEBI introduced a very pragmatic method of developing standards for implementing regulations. In an unprecedented, unique and constructive gesture, SEBI invited three of the main industry associations form together a

Startup News—nripn—December 11, 2024

SUMMARY A total of 49.27 Lakh shares, or 53.42% of the shares allotted in the anchor round, were picked up by six domestic mutual funds. MobiKwik's IPO, which will open on December 11 and close on December 13, will only include a fresh issue of shares worth INR 572 Cr. MobiKwik slipped into the red

Breaking News—nripn—December 11, 2024

Fintech Stocks Rise: Upstart, Toast, Coinbase and Robinhood Drive Wall Street Rally After Earnings Reports The fintech sector posted big gains this week, as companies like Upstart, Toast, Coinbase and Robinhood delivered impressive profits that exceeded market expectations. The rise in these stocks contributed to a broader rally on Wall Street, with major indexes hitting

AI in Finance—nripn—December 11, 2024

Healthcare Finance News AI offers a step above genomic solutions Precision medicine genomic solutions were an important first step, but they are limited compared to AI's capabilities - for example, Artera's test. ..7 hours ago

Market Rumors—nripn—December 10, 2024

As 2023 drew to a close, many banking industry executives and thought leaders threw up their hands in despair over the presumed death of Banking as a Service (BaaS). The predicted white-hot market has not materialized as expected, and countless financial institutions have seemingly thrown in the towel on BaaS as the industry confronts the

Startup News—nripn—December 10, 2024

Nium, the global leader in real-time cross-border payments, was founded with the mission of delivering tomorrow's global payments infrastructure today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs and businesses around the world instantly collect, convert and disburse funds across borders. Its payment network supports 100 currencies and

AI in Finance—nripn—December 10, 2024

It’s a tale of two AI-driven stocks. Oracle Stock (ORCL) fell sharply after the tech giant reported second-quarter results just below Wall Street estimates on both the top and bottom line. On the other hand, the actions of C3.ai (AI) soared after raising its full-year guidance due to demand for AI. Also in the news,

Market Insights—nripn—December 10, 2024

LATEST NEWSOctober 8, 2024 at 8:59 UTC TLDR Zepz, formerly WorldRemit, secures $267 million funding round for expansion into key African and global markets. Financing led by Accel with participation from Leapfrog, TCV, Coller Capital and IFC. Zepz, which operates WorldRemit and Sendwave, serves more than 11 million users in 150 countries. Formerly known as

Startup News—nripn—December 10, 2024

Elite Fintech Solution, a local startup, has found its footing in neighboring African countries after facing regulatory hurdles in its base of operations. The company founded three years ago by Alazar Solomon is now attempting to transform SME credit facilitation in the Kenyan, Mauritius and Ugandan markets through the combination of AI and data analytics

AI in Finance—nripn—December 10, 2024

Google's DeepMind team this week unveiled an AI model for weather forecasting called GenCast. In an article published in NatureDeepMind researchers said they found that GenCast outperforms the European Center for Medium-Range Weather Forecasts' ENS – apparently the world's best operational forecasting system. And in a blog postThe DeepMind team offered a more accessible explanation

Jobs Market News—nripn—December 10, 2024

This inaugural summit brings together top payments and transaction banking professionals to discuss the latest trends in next-generation banking, fintech collaboration and cross-border payments innovations. EBAday 2025 is the ideal platform to meet industry leaders, exchange ideas and explore business opportunities. Join us to engage with the brightest minds in finance and gain insight into

Startup News—nripn—December 10, 2024

Move, a fintech startup of Nigerian origin, announced a groundbreaking partnership with WaymoAlphabet's autonomous vehicle division, to manage autonomous vehicle fleets in Phoenix, Arizona, and Miami, Florida. This collaboration showcases Moove's innovative revenue-based vehicle financing model and its ambitious global expansion strategy. The company's rapid growth is supported by significant funding, including a $100 million