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Posts Tagged ‘ fintech ’

PayU to widen fintech play, bets on cross-border payments, offline business

Tuesday, February 28, 2017 | More »

PayU to widen fintech play, bets on cross-border payments, offline business
Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be on payments, particularly cross-border payments, it is also entering the credit business and offline space. In an interaction with VCCircle, PayU co-founder and chief operating off...

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ItzCash to strengthen hold in expense management, backs fintech startup Finly

Mumbai-based digital payments company ItzCash Card Ltd has made an undisclosed equity investment in Bangalore-based expense management firm Finly. ItzCash will use the funds to strengthen its play in the expense management vertical, which is estimated to be a $25 billion opportunity for corporates i...

27 February, 2017 | More »

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Bharti Airtel picks up stake in fintech startup Seynse

Telecom major Bharti Airtel has acquired a strategic stake in Goa-based financial technology startup Seynse Technologies Pvt. Ltd, it said in a statement. The value of the investment is not disclosed. Seynse has created the digital lending platform Loan Singh which provides consumers access to loans...

22 February, 2017 | More »

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Fintech funding: The pathway to rewarding corporate success for startups

Fintech is the coming together of disruptive finance and pioneering technology. Since the time it has made its presence felt on the technological startup scene, it has consistently added newer dimensions to money transfer methodologies, fundraising campaigns, mobile payments and an array of other fi...

10 February, 2017 | More »

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French e-payments firm to buy fintech firm TechProcess

French e-payments firm Ingenico Group has agreed to buy Mumbai-based TechProcess Payment Services Ltd, the companies said on Tuesday, as Indian fin-tech companies continue to attract investors. The companies didn’t disclose the deal value, but a person associated with the transaction told Techcirc...

31 January, 2017 | More »

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Yes Bank launches fintech accelerator programme with T-Hub, Anthill

India’s fifth-largest private sector lender, Yes Bank, has launched Yes Fintech, a business accelerator programme, in collaboration with startup incubator T-Hub, speed scaling platform Anthill and fintech platform Let’s Talk Payments. The programme will accept applications till February 3, 2...

17 January, 2017 | More »

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Exclusive: Online lending startup Loan Frame raises $2.25 mn seed investment

Gurgaon-based fintech startup Loan Frame Technologies Pte Ltd has raised $2.25 million (Rs 15.3 crore) in seed investment led by Vedanta Capital, a top company executive told Techcircle. Other investors who participated in the round include William Campbell, former chairman of Chase Card Services, a...

10 January, 2017 | More »

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Online lending segment gains traction as over 25 startups emerge in two years

The last two years have seen the emergence of more than 25 startups in the online lending space, and the majority of them also getting funded, according to a TechCircle analysis. In fact, together with payments tech (primarily wallets), which hogged all the limelight recently thanks to the Centre...

30 December, 2016 | More »

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Payments startup instantPay secures pre-series A funding

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised between $3 million and $5 million (Rs 20 crore to Rs 34 crore) in pre-series A funding from Singapore-based RB Investments and Kaleden Holdings. The capital will be utilised for geographic expansion and...

30 December, 2016 | More »

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Exclusive: LetsMD raises additional angel investment

LetsMD, a fintech startup in the health space, has completed its angel round of investment with the participation of WaterBridge Ventures, co-founder Nivesh Khandelwal told TechCircle.in. Calcutta Angels Network (CAN), LetsVenture, a platform that connects startups with investors, Anupam Mittal, fou...

29 December, 2016 | More »

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