January 6, 2025
Levela New York-based employee benefits startup founded in 2018, has closed its doors, saying it retained a small team to help customers. The business closed abruptly after efforts to find a buyer failed, according to The Information. reported Thursday, January 2, citing an email from Level CEO Paul Aaron to customers. “Unfortunately, the deal fell
January 5, 2025
SUMMARY Funding raised by local fintech companies plunged 19% to $2.5 billion in 2024, from $3.1 billion last year. The fintech sector continued to dominate the Indian investment landscape in 2024 across stages While the local fintech ecosystem has made great strides over the past decade, the industry expects greater disruption in 2025 due to
January 5, 2025
After witnessing a significant decline in recent times, the Indian public market has benefited from the market dynamics. last week of 2024 in the first week of 2025. With this in mind, new age technology companies have largely witnessed bullish sentiment. Twenty of the 31 new age tech stocks covered by Inc42 rose in a
January 5, 2025
October 15, 2024 The companies were selected for their innovative work in segments covering sustainability, cybersecurity, digital transformation and travel. Today, 10 companies join Start Path, Mastercard's award-winning startup engagement program. These startups were selected from around the world based on their unique expertise in high-growth areas of the payments technology industry and
January 4, 2025
The fintech segment, which saw massive growth during the pandemic and immediately after, had a pretty difficult 2024ending with the sudden stop - and then unexpected acquisition - of accounting startup Bench. Although the rapid pace of funding has slow motionsome fintechs continue to grow and expand their teams. In an effort to better understand
January 3, 2025
SUMMARY Shares of PB Fintech, parent company of insurance-tech giant Policybazaar, rose nearly 2 per cent in early trade to hit a new all-time high of INR 2,246.95 apiece on the BSE. The share price rise came after the company created a new subsidiary to offer healthcare services. Yashish Dahiya, chairman and managing director of
January 2, 2025
SuperQi combines Western banking models with Asian super app practices, offering features such as scan-to-pay and money transfers. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise
December 31, 2024
2024 was the year of African fintech. Fintechs remain the most funded startups in the African technology ecosystem, get 35% of total funds raised in the first half of 2024. The sector also welcomed two new unicorns: Moniepoint and Tyme Bank. While the year has been marked by record successes in fintech, it's worth taking
December 28, 2024
The Indian fintech space has become one of the largest ecosystems in the world, bringing many innovations that have made payments and financial services accessible to millions of people. However, this progress has also been accompanied by considerable challenges. Internet banking and card frauds quadrupled in FY24, according to an annual report by the Reserve
December 28, 2024
The Indian startup ecosystem closes 2024 on a transformative note, marked by crucial advancements in AI, deeptech, fintech and edtech. This year has been defined by resilience, evolution, and meaningful opportunity. 2024 has become the year of startup IPOs, with 12 companies going public and collectively raising billions. Swiggy's historic $1.35 billion IPO led the
December 27, 2024
Bench Accounting, the largest small business bookkeeping service in North America, has abruptly closed its doors. The Vancouver-based company released a “Notice of service closure» on its website Friday. His Instagram and Facebook pages appear to have been deleted overnight. Customers were also notified via email, and many were left confused and angry about the
December 26, 2024
Mintifi reports profit growth in FY 2023-24, driven by higher revenues and a successful $180 million Series E raise. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may
