September 10, 2024
New fintech startup Tikker said it is “on a mission” to build simple SaaS products that streamline the portfolio rebalancing process. The firm said inefficiencies in the market infrastructure for discretionary portfolio management “stifle growth, invite risk and are a barrier to digital services.” She says teams are overloaded with repetitive work, leading to high
September 10, 2024
The North American financial sector, known for its slow pace of change in the previous century, has been disrupted by technology since the turn of the millennium. The most recent technological advancement impacting finance is generative artificial intelligence, which is already being applied to the sector in multiple ways. Based in Vancouver yPilot Launched this
September 9, 2024
The summer fintech news slowdown is fast approaching, but it hasn’t taken hold yet. Fintech news picked up again last week, with several funding rounds and product announcements. Stay tuned for this week’s news as we post updates and developments. Integrated finance Cross-border payment platform Ping-pong unveils its integrated loan solution. Digital Banking Based in
September 9, 2024
Moneycontrol™ Exclusive: InCred CFO Vivek Bansal quits to launch fintech startup, Kotak chairman Sunil Daga set to… New NBFC fintech venture Saarathi Finance is in talks with private equity investors to raise Rs 600 crore in equity funding. 7 hours ago
September 8, 2024
Welcome to Fintech TechCrunch! This week we look at Ramp's massive capital raise and valuation increase, Mercury's entry into personal banking, Klarna's new credit card, global funding rounds and more! To receive a roundup of TechCrunch's biggest and most important fintech stories in your inbox every Sunday at 7 a.m. PT, subscribe here. The big
September 8, 2024
Between September 2 and 7, 2024, no fewer than 23 startups from various sectors raised more than $235 million in funding from investors. These sectors include D2C, Watertech, Sportstech, Ride-hailing, B2B, Fintech, Aviation, Healthcare, Traveltech and Cleantech. Last week, Indian startups raised more than $485 million in fundingwith the Quick Commerce unicorn Zepto Raises $340
September 8, 2024
SUMMARY Chennai-based fintech company Paysharp receives final approval from RBI to act as a payment aggregator The startup, founded in 2019, has raised INR 23 crore in two funding rounds, with the latest valuation at INR 200 crore Paysharp offers flat-rate pricing for merchants, focusing on non-card-based payments like UPI and virtual account solutions The
September 8, 2024
Chennai-based fintech startup Paysharp has received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA). The approval, which was granted on August 30, 2024, follows a license in principle the company received in December 2022. The final approval places Paysharp among the 36 PAs approved by the RBI,
September 7, 2024
Funding for Latin American startups increased in the second quarter, driven by a resurgence in late-stage deals. In total, South and Central American companies raised $791 million in seed-to-growth funding in the second quarter of 2024, according to Crunchbase data. That’s a 25% increase from the previous quarter and a 17% increase from the previous
September 7, 2024
Finally, some good news! This week, we were pleasantly surprised to see that FTX Fraud Victims Could Get Some of Their Money Back — although not as much as they had hoped. But that was not all: Mary Ann Azevedo, Kirsten Korosec And Alex Wilhelm I had a lot more to say this week about
September 7, 2024
For more than two decades, Jay Chandarana has had to rely on commercial banks to meet the day-to-day working capital needs of his family business, sesame seed exporter Dhaval Agri. The arrangement has worked: the company has grown to account for 13 percent of the country’s total exports, making it the largest exporter of sesame
September 6, 2024
SUMMARY PB Fintech, a publicly traded insurance company, has granted 75,760 shares of common stock to eligible employees under its Employee Stock Option Plan With the new allotment, the issued and paid-up share capital of PB Fintech has increased from INR 91.20 crores to INR 91.22 crores earlier. The company also allotted 48.3 lakh ordinary
