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
September 6, 2024
In June 2021, Ziinafresh out of the first YC cohort that year and secure $7.5 million seedlaunched its fintech application to 20,000 individual customers, allowing them to send and receive money. Three years later, the Dubai-based startup, which now has 50,000 individual and business customers after expanding its offering to meet the needs of micro,
September 5, 2024
New Delhi: India’s financial sector is growing rapidly, with fintech startups increasing five-fold in the last three years, according to a report. The growth has increased from 2,100 in 2021 to 10,500 by 2024. JM Financial said in a report: “Currently, India has 26 fintech unicorns with a combined market value estimated at $90 billion.”
September 5, 2024
In a major acquisition that promises to reshape the future of finance Paylocity, the enterprise spend management software company, has agreed to buy startup Airbase for $325 million. The deal between the HR platform leader and the fast-growing financial services provider means expanded opportunities at the intersection of human resources and finance operations. Subject to
September 5, 2024
Free Newsletter Get the latest Swiss Fintech news delivered to your inbox once a month 11 fintechs are featured in this year's TOP 100 Swiss startups list, an award organized by Venturelab. The 2024 ranking presents a total of 100 startups, Yokoy is once again the highest ranked fintech. The newcomer to the fintech sector
September 5, 2024
Fintech Lending Startup Axio raised $20 million in a equity financing round Since Amazon Smbhav Venture Capital Fund. The new funds will be used to drive growth, expand lending operations, expand cash register financing use cases and introduce more credit products to customers throughout their financial lifecycle, it said in a statement Friday. The funding
September 5, 2024
Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding RoundThe startup is expected to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. June 13, 2024
September 5, 2024
Less than two years after raising $80 million in Series D, automated debt manager Pointing has closed after being unable to raise more funds in a difficult environment for fintech startups. Founder and CEO Jason Brown said in a Post on LinkedIn“We have made the difficult and sad decision to close Tally. This is not
