January 13, 2025
Swiss fintech startup nsave has raised $18 million in a Series A investment round led by TQ Ventures, with participation from Sequoia Capital, Y Combinator, ACE Ventures and Proton Foundation. Editorial This content was selected, created and edited by the Finextra editorial team based on its relevance and interest to our community. Founded in 2022,
January 13, 2025
Between January 6 and January 11, 2025, up to 20 startups from various sectors raised $459.8 million in funding from investors. These sectors include Proptech, Hospitality, Sportstech, Skincare, NBFC, Healthtech, Fintech, AI, Deep Energy, EV, SaaS, Food and Security. Last week, Indian startups raised over $33 million, with Mufin Green Finance alone raising $18 million.
January 12, 2025
Digital banking startup Freo narrowed its net loss by 64.54% to INR 14.16 Cr in the financial year 2023-24 (FY24), from INR 39.94 Cr in the previous year, thanks to improvement in its EBITDA margin. Operating revenue increased by 11% to INR 111.46 Cr in the financial year ended March 2024, compared to INR 99.80
January 11, 2025
GrayQuest, a Mumbai-based fintech company focused on digital financial solutions for the Indian education sector, has raised Rs 80 crore (around $9.3 million) in its latest Series B capital. funding round. The investment comes from IIFL Fintech Fund, Claypond Capital (the family office of Dr Ranjan Pai) and existing backer Pravega Ventures. The company will
January 11, 2025
SUMMARY The BrowserStack holding entity rollback process may take nearly eight months if the regulatory process goes smoothly Notably, the Indian subsidiary BrowserStack Software Private Limited is based in Mumbai. Founded in 2011 by Arora and Nakul Aggarwal, BrowserStack offers a platform for testing software across various devices and browsers. SaaS Unicorn Browser stack has
January 11, 2025
Canada's fintech sector is entering a phase of rapid growth, driven by growing demand for digital financial solutions and strong investor support. In 2024, Canadian fintech startups have secured significant funding and formed key partnerships, reflecting the industry's potential for innovation and scalability. In this article, we highlight ten Canadian fintech startups poised to make
January 10, 2025
The European Instant Payments Regulation (IPR), formerly known as Regulation (EU) 2024/886, represents an important step forward for the EU payments ecosystem. By requiring payment service providers (PSPs) to offer instant transfers in euros under clear and fair conditions, the IPR accelerates Europe's transition to real-time payments. For startups in the financial ecosystem, IPR represents
January 10, 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 told ET. 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
January 10, 2025
Focused on education fintech startup GrayQuest raised Rs 80 crore (around $9.3 million) in Series B capital financing cycle led by IIFL Financial Technology Fund, Capital of Claypond (the family office of Manipal Group Chairman Ranjan Pai) and existing investor Pravega Ventures. The Mumbai-based company plans to use the funds to improve its technology platform
January 10, 2025
Pope Francis warned on Thursday of the dangers of disinformation and its spread via social networks And artificial intelligence (IA), warning that it could be “misused to manipulate minds.”In his traditional New Year's speech to diplomats at VaticanFrancis lamented the growing polarization of society, “aggravated by the continued creation and dissemination of fake newswhich distorts
January 9, 2025
Reserve Bank Innovation Hub and IIMA Ventures launch Swanari TechSprint 3.0 to support women-centric fintech startups in India, providing them with mentorship, grants and funding opportunities. New Delhi, Jan 9 (PTI) The Reserve Bank Innovation Hub and IIMA Ventures on Thursday launched Swanari TechSprint 3.0, a program aimed at fostering women-centric fintech startups in India.
January 9, 2025
Focused on education fintech startup GrayQuest raised Rs 80 crore (around $9.3 million) in Series B capital financing cycle led by IIFL Financial Technology Fund, Capital of Claypond (the family office of Manipal Group Chairman Ranjan Pai) and existing investor Pravega Ventures. The Mumbai-based company plans to use the funds to improve its technology platform
