October 3, 2024
SUMMARY True Balance, which provides loans, will use the funds to further expand its operations. Last month, VentureSoul marked the first close of its debut fund, whose target corpus is INR 600 Cr, to around INR 145 Cr. The fintech startup is operated by Balancehero India, a wholly-owned subsidiary of Korean company Balancehero Co. Ltd.
October 3, 2024
The State of European Fintech 2024 report has been released and the UK is doing really well as a leader in the region. The report shows UK funding for the finch increased by 3%, taking its value to £2.2bn, a big increase from £1.9bn in the first half of the year last. There does, however,
October 3, 2024
Free newsletter Get the latest Fintech Malaysia news delivered to your inbox once a month In fact, an eSIM service provider for international travelers raised $3.5 million in a funding round led by 1982 Companies. Beenext and Kopital Ventures also participated, alongside angel investors including former Airbnb executives JJ Chai and Kum Hong Siew, as
October 3, 2024
Tampa Bay Wave, Inc. and the University of South Florida Muma College of Commerce have selected 10 high-growth fintech startups to participate in its third FinTech|X Accelerator program. Fintech refers to the integration of technology into financial services. Online banking, crypto exchanges, and crowdfunding platforms are all examples of fintech. The accelerator program represents a
October 2, 2024
Before taking the Venture Atlanta Stage next week, a local non-profit fintech startup Infinite gift announced that it had recruited a new group of investors. The startup just closed a $2 million seed round led by Cubit Capital, Morgan Stanley and Atlanta Ventures. She also announced her participation in Morgan Stanley Inclusive Business Laban in-house
October 2, 2024
BASIC Home Loan, a Gurugram-based fintech startup, recently raised Rs 87.5 crore (or $10.6 million) in a Series B round. funding round led by Bertelsmann India Investments (BII) and UAE-based CE-Ventures, the venture arm of Crescent Enterprises. The cycle also saw the participation of investorsincluding prominent equity investor Ashish Kacholia, Gruhas, Let's Venture, 9Unicorns and
October 1, 2024
After a drought of almost two years, the Indian startup ecosystem is showing signs of the arrival of funding spring. Total funding raised by local startups doubled year-over-year (YoY) to $3.4 billion in the third quarter (Q3) of calendar year 2024 (CY24). Indian startups raised around $1.7 billion in the corresponding period last year and
October 1, 2024
A fintech startup isn't looking to exit the Manhattan office market. Quite the contrary, in fact. Ramp has signed a deal with Williams Equities to expand by 66,000 square feet at 28-40 West 23rd Street, according to the Commercial Observer. reported. The startup is also moving from subletting to direct leasing on a separate floor,
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
