Tag: India

Yenmo, a FinTech startup providing instant loans against mutual funds, has successfully completed its latest funding round, securing $500,000 from the Silicon Valley-based startup accelerator, Y Combinator, according to a report from Business Standard.

Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.

Key Indian FinTech investment stats in 2023: • Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022 • Indian FinTech deal...

IDfy, an innovative player in the identity verification space, has recently announced a significant financial boost, raising $27m in a recent investment round.

Thunes, a leader in global cross-border payments, has announced an expansion of its ambitious tree-planting initiative in collaboration with Handprint, a company dedicated to impactful environmental projects.

The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.

Mylapay, a PayTech company based in India, recently announced a successful seed funding round.

Aye Finance, an Indian startup specializing in digital lending to small businesses, has raised $37.18m in an all-equity Series F round. 

PayU, the pioneering online payment solutions provider in India, has unveiled three groundbreaking mobile app Software Development Kits (SDKs).

Paytm Payments Bank has been penalised INR 5.4 crore by the RBI owing to its failure to adhere to KYC instructions.