Tag: Fintech industry news

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

ACI Worldwide partners with NTT DATA to strengthen eCommerce in European and Latin American markets

Raghuram Kadari- November 23, 2022

ACI Worldwide, a US-based payment systems company, and NTT DATA, a Japanese multinational information technology service and consulting company, will join forces to bolster the ... Read More