Tag: Fintech industry news

Indian payments provider BillDesk to be acquired by PayU for $4.7bn

businessnewstoday- September 1, 2021 0

BillDesk, an Indian digital payments provider, has agreed to be acquired by PayU, the payments and fintech business of Dutch technology investor Prosus, for a ... Read More

Affirm to offer payment solution to Amazon’s customers at checkout

businessnewstoday- August 29, 2021 0

Affirm, a US-based financial technology company, has entered into a partnership with e-commerce giant Amazon to offer its payment solution to the latter’s customers at ... Read More

Online payments firm Paysafe to acquire German fintech viafintech

businessnewstoday- August 22, 2021 0

Paysafe, a UK-based online payments company, has signed an all-cash deal to acquire viafintech, a German fintech company. The financial terms of the deal were ... Read More

Equitas Small Finance Bank launches fintech accelerator – Equitech

businessnewstoday- August 9, 2021 0

Equitas Small Finance Bank, a Chennai-based small finance bank, said that it has launched a fintech accelerator program called Equitech, aimed at boosting fintech start-ups. ... Read More

Capital Trust Limited consolidates rural door-step digital lending model

businessnewstoday- July 25, 2021 0

Capital Trust Limited, which specializes in offering income generating micro business loans in tier 3-5 regions, has forged a long-term funding partnership with some of ... Read More

SIMON Markets raises $100m for digital wealth management platform

businessnewstoday- July 23, 2021 0

SIMON Markets, a US-based fintech company that was spun out by Goldman Sachs in late 2018, has raised $100 million in a Series B funding ... Read More

Magma Fincorp renamed as Poonawalla Fincorp Limited

businessnewstoday- July 22, 2021 0

Magma Fincorp, an Indian non-banking finance company (NBFC), owned by Adar Poonawalla-controlled Rising Sun Holdings, has changed its name to Poonawalla Fincorp Limited. The company ... Read More

Capital India invests $25m in education lending fintech platform Credenc

businessnewstoday- July 20, 2021 0

Capital India Financial Limited (CIFL), an Indian finance conglomerate, has invested $25 million in education lending fintech platform Credenc to add another business to its ... Read More

NIIT, Axis Bank launch digital banking academy to create fintech professionals

businessnewstoday- July 11, 2021 0

NIIT Limited said that its subsidiary - NIIT Institute of Finance Banking and Insurance (NIIT IFBI) has joined forces with Axis Bank to launch a ... Read More

Mollie Series C funding round : Dutch fintech company rakes in $800m

businessnewstoday- June 27, 2021 0

Mollie, a European payment service provider based in the Netherlands, has secured $800 million in a Series C funding round led by funds managed by Blackstone ... Read More