FinTech: Page 9

News and Trends

The Dubai Fintech Summit Running From May 8-9, 2023 Aims To Set A Global Benchmark For How We Approach Financial Innovation

The DFS is expected to be hosting 5,000 c-suite leaders, over 120 speakers, and more than 1000 pre-qualified investors in Dubai.

News and Trends

Working With MeitY And RBI; FM On Ponzi Apps

Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them

News and Trends

UPI Dominates Digital Transactions In 2022 Worth INR 126 Lakh Crore: Worldline Report

India's flagship payment platform Unified Payments Interface (UPI) continued to be the most dominant channel for digital payments in 2022 with a 70% increase in the number of transactions to 74 billion and a 54% increase in the value, stated the report

Finance

Freo: Aiming For The Digital Banking Hot Seat

Kunal Varma is the CEO and co-founder of Freo, a digital banking platform for Indians, where they can easily spend, save and borrow for a better financial life.

News and Trends

Indian Fintech Startups Secure $1.2 Billion In Q1 2023: Tracxn

As per the report, this is a sharp jump of 126% when compared with $523 million raised in the fourth quarter of 2022

News and Trends

PhonePe Raises $100 Million Additional Funding From General Atlantic

The investment will help fuel the fintech firm's expansion plans

News and Trends

Propelling Fintech To Newer Heights

The company has plans to transition towards more relationship-based offerings shortly which would involve assisting students in rating and reviewing courses and educational services, enabling them to make informed decisions and fostering better connections.

Noticias

Tras facturar $2.5 millones de dólares en Colombia, Dataknow se expande a México, Perú y Ecuador

De acuerdo con las proyecciones, se espera que para el año 2023 en México, el número de empresas dirigidas por datos aumente significativamente.

News and Trends

UGRO Capital Limited Announces Equity Capital Raise Of INR 340 Crore

The equity fund raise is subject to customary closing conditions, including regulatory and shareholder approvals

News and Trends

FlexiLoans AUM Crosses INR 1000 Crore, Aims To Hit INR 10,000 Crore By 2025

The platform aims to reach INR 10,000 crore in AUM by 2025 and be among the top three pure-play MSME lending institutions in the country

News and Trends

Government May Consider 0.3% Fee To Ensure Financial Viability of UPI: Report

The report also stated that the facilitation fee of 0.3% can generate around INR 5,000 crore in 2023-24

Starting a Business

Infographic: The Adoption Of Digital Payments In Saudi Arabia

As part of Vision 2030, the Saudi government has set a target of achieving 70% cashless payments by 2030.

News and Trends

Student Run Startup Plutus Raises $280,000 Pre-Seed Funding

The fund raised will help Plutus build new tools to expand the monetisation potential for content creators

Finance

Fintech And Compliance: It's Not One Size Fits All

Since most fintech companies in India offer a wide range of products and services across sub-categories of finance, the legal requirements and compliances automatically become complicated

News and Trends

PeProp.Money Secures Seed Funding From India Accelerator

The funding will be used to further enhance the technology, attract new markets and customers while continuing to provide unparalleled service to the existing partners