Tag: Fintech industry news

Axis Bank introduces Sarathi digital onboarding platform for POS terminals

businessnewstoday- May 24, 2023

Axis Bank, a private sector bank in India, has introduced the Sarathi digital onboarding platform designed to facilitate electronic data capture (EDC) or point of ... Read More

PhonePe bags additional investment of $100m from General Atlantic

businessnewstoday- May 24, 2023

PhonePe, an Indian digital payments solutions provider, has secured an additional $100 million investment from global growth equity firm General Atlantic. This investment forms part ... Read More

Aurionpro Solutions’ AuroPay gets RBI’s in-principle approval for payment aggregation

businessnewstoday- May 7, 2023

Aurionpro Solutions said that its subsidiary Aurionpro Payment Solutions (AuroPay) has secured in-principle approval from the Reserve Bank of India (RBI) to operate as a ... Read More

Clerkie rakes in $33m for AI-powered financial automation platform

businessnewstoday- April 19, 2023

Clerkie, a California-based fintech company, has raised $33 million in a Series A round for its artificial intelligence (AI)-powered financial automation platform. The financing round ... Read More

Computer Age Management Services to buy 55% stake in Think Analytics India

businessnewstoday- March 5, 2023

Computer Age Management Services Limited (CAMS), an Indian mutual fund transfer agency, has agreed to acquire a stake of 55.42% in Think Analytics India Private ... Read More

QUODD acquires financial market data APIs provider Xignite

businessnewstoday- February 19, 2023

QUODD, a market data-on demand service for the financial services sector, has acquired Xignite, which is a supplier of APIs for financial market data, at ... Read More

Fintech company Nuvei to acquire US payment solutions provider Paya

Raghuram Kadari- January 10, 2023

Canadian fintech company Nuvei has agreed to acquire Paya Holdings, a US-based payment and commerce solutions provider, in an all-cash transaction valued at around $1.3 ... Read More

Fintech-as-a-service company DigiAsia Bios to go public via SPAC deal

Raghuram Kadari- January 7, 2023

StoneBridge Acquisition, an American special purposes acquisition company (SPAC), and DigiAsia Bios, an Indonesian embeddable ‘fintech-as-a-service’ (FaaS) company, have agreed to combine their businesses to ... Read More

Twig acquires teen banking company Vybe Technologies to serve Gen Z market

Raghuram Kadari- January 2, 2023

Twig has acquired Vybe Technologies, a teen banking services provider in the UK, in a move to increase its market reach. The financial terms of ... Read More

Akulaku secures $200m booster for continued expansion in Southeast Asia

Raghuram Kadari- December 31, 2022

Akulaku, a Southeast Asian fintech company, has secured an investment of $200 million from Japan-based Mitsubishi UFJ Financial Group (MUFG), marking the second strategic investment ... Read More