axio's Sustainable Growth Strategy Yields 50% Revenue Increase and 95% Loss Reduction in FY24

By democratizing credit, axio caters a large volume of the customer segment that does not have a personal credit product at their disposal

News and Trends

FinTech Records Decline in Funding in First Half of 2024: Tracxn Report

According to a recent report by Traxcn, India's fintech sector recorded a decline in funding activities in 2024. The report named 'Tracxn FinTech Report' states that the sector received funding of USD 795 Million in 2024, marking a decline of 11 per cent and 57 per cent compared to the USD896.7 Million second half of 2023 and USD 1.93 Billion in the first half of 2023 respectively.


4 Major Themes Will Shape the Future of Fintech: BCG Report

Even though, the funding went down by 70 per cent and valuations fell from 20x to 4x on average, it still holds huge potential in the coming years.

News and Trends

Cedar-IBSi Capital Secures Major LP Commitment from HFPCG for FinTech VC Fund

With an initial cheque size of INR 4–10 crores (USD 500k–1 million), Cedar-IBSi Capital will seek to invest in around 15 early-stage BankTech-focused startups in their Seed-Series A rounds.

News and Trends

Peak XV Partners-backed Pine Labs Eyeing $1 Billion IPO in India

If this plan goes ahead, Pine Labs' IPO will become the biggest by an Indian fintech firm after Paytm operator One97 Communications raised about USD 2.5 billion in 2021


Shaping The Future Of Finance: Dubai Fintech Summit 2024

The second edition of Dubai Fintech Summit reaffirms the Emirate's aspirations to become a global fintech hub.


Forging Ahead: How The Middle East Has Become A Driving Force In The Global Fintech Landscape

By continuously refining their regulatory frameworks and embracing emerging technologies, Middle Eastern countries are poised to lead the next wave of fintech innovation, contributing to global financial stability and economic growth.


Belo, la startup latina, añade a su billetera digital soporte para recibir pagos en dólares

La fintech latinoamericana facilitará la recepción de pagos directamente de un empleador estadounidense a freelancers, trabajadores remotos y emprendedores


Fintech Startups Welcome RBI's SRO Framework

The framework acknowledges the rapid innovation and growth within the fintech landscape and the need for a balanced regulatory approach


Arkangeles: promoviendo la diversificación de portafolios con inversiones alternativas

La escasez de capital ha frenado la innovación y el emprendimiento, ante este panorama los modelos de crowdfunding se han reinventado como una alternativa viable para el financiamiento de startups en Latinoamérica.

News and Trends

Singapore-based ThinKuvate Launches INR 100 Cr Maiden India Fund

With an initial investment of up to INR 3 crore in seed to Series A rounds, the India Fund would seek to invest in 12 to 15 tech startups across sectors annually.


EFG Hermes Acquires A Minority Stake In Danish Fintech Kenzi Wealth

The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes' commitment to driving innovation in the fintech sector and democratizing access to sophisticated investment solutions.

Women Entrepreneur®

Mastercard's Amnah Ajmal Discusses Digital Payment Trends At Dubai Fintech Summit 2024

Ajmal offered her insights on how Mastercard ensures safer and quicker digital payments for both consumers and merchants.

News and Trends

The First Choice Lender: Karthikeyan Krishnaswamy, Co-founder and CTO, KreditBee

KreditBee is a Series-D funded entity, backed by Advent International, Premji Invest, Motilal Oswal Alternates, TPG-NewQuest, Mitsubishi UFJ Financial Group, ICICI Bank, and Mirae Asset Venture Investments

Science & Technology

A Leading VC Firm Has Secured €170 Million from NATO Innovation Fund to Boost European Deep Tech

OTB Ventures' investments span space technology, artificial intelligence, fintech infrastructure, and cybersecurity.