October 1, 2024
SUMMARY PB Fintech is likely to make a one-time investment of $100 million to acquire a 30% stake in a new healthcare company after gaining approval from its board of directors. Brokerage firm Bernstein maintained its “outperform” rating on PB Fintech with a price target of INR 1,750 per share. PB Fintech reported a consolidated
September 30, 2024
BASIC Home Loan, a fintech startup, raised $10.6 million in its Series B funding round. The round was led by Bertelsmann India Investments (BII), alongside CE-Ventures. Existing investors Ashish Kacholia, Gruhas, Let's Venture, 9Unicorns and Venture Catalysts also participated in the new round of core home loans. “With its superior technology stack, the company has
September 30, 2024
Fintech start-up Basic home loanan automation platform real estate loans for middle and low income households in India, raised $10.6 million (Rs 87.5 crore) under a Series B financing round. The investment was led by Bertelsmann India Investments (BII), the strategic investment arm of German giant Bertelsmann SE & Co. KGaA, as well as CE-Ventures,
September 30, 2024
BharatPe and his co-founder Ashneer Grover to have settled their two-year legal dispute, according to a statement released by the New Delhi-based financial technology company. “As part of the settlement, Grover will not be associated with BharatPe in any capacity and will not be part of the shareholding of the company,” the company said. Grover's
September 30, 2024
Egyptian fintech startup SETTLE has raised $2 million in seed funding to accelerate its global expansion and further develop its platform. Founded in 2023 by Kamil Sayour and Mostafa Mobarak, ADJUST is a web-based B2B payments platform that aims to modernize businesses' financial operations by simplifying payment processes and collecting real-time cash flow data and
September 30, 2024
July 19, 2024 Written by FinTech Alliance in Financial Technology Coast, a fintech startup known for its innovative fleet and expense management solutions, secured $40 million in its latest funding round. This new influx of capital comes just four months after the company raised $25 million, underscoring investor confidence in Coast's growth and business model.
September 29, 2024
Between September 23 and September 28, 2024, until 19 startups from various sectors have raised more than $366 million in funding from investors. These sectors include Fintech, AI, Lifestyle, Fashion, Healthcare, Food, Proptech, Personal Care and Biotechnology. Last week, Indian startups have raised over $470 million in funding, PhysicsWallah led by Alakh Pandey having raised
September 28, 2024
Welcome to TechCrunch Fintech! This week, we look at Revolut's announced valuation hike, fintech unicorns, the Disrupt Fintech scene, and more. To receive a roundup of TechCrunch's biggest and most important fintech stories in your inbox every Tuesday at 8 a.m. PT, subscribe here. The big story Revolut reportedly informed its staff last week of
September 28, 2024
Care.fi, a health-focused fintech startup, has raised Rs 8 crore in debt funding led by two key investors. Wint Wealth provided Rs 5 crore, while Caspian invested Rs 3 crore in impact debt capital. The fundraise comes three months after the startup raised Rs 5 crore from UC Inclusive Credit. Before this, it had raised
September 28, 2024
September 27, 2024September 27, 2024 Care.fi, an innovative healthcare-focused fintech startup, aims to offer smart financial solutions to the healthcare industry. It recently secured INR 8 crore in debt financing, with INR 5 crore from Wint Wealth (Ambium Finserve) and INR 3 crore in impact debt financing from Caspian.
September 28, 2024
Free newsletter Receive the latest Swiss Fintech news once a month in your inbox Innovation mentors support SMEs by carrying out an initial analysis of their innovative idea and helping them understand their potential and find research partners. They are very familiar with the innovation support offers in Switzerland and can help their clients implement
September 28, 2024
September 27, 2024 Written by FinTech Alliance in Financial Technology Scope, an invitation-only startup networking platform, has unveiled a $50 million venture capital fund through its investment arm, SCOPE VC. The fund targets early-stage fintech startups in India and gaming startups in the United States, with deals ranging from $500,000 to $2 million. Scope plans
