Tag: Fintech industry news
Indian payments provider BillDesk to be acquired by PayU for $4.7bn
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
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
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
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
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
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
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
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
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
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
