Freo has reported revenue of Rs 350 crore for FY 2023-24. The company has been profitable for the last four months since December 2023, cementing […]
Category: FinTech
Follow the fintech revolution with insights into payments, banking, and financial innovation.
Digital lending on cusp of transformative trends
What’s the story behind founding SOMAYAJI FinTECH? What inspired you to start this venture? In 2021, SOMAYAJI Group broadened its horizons with SOMAYAJI FinTECH, a […]
Fintech startup Simpl appoints Prateek Chugh as VP for D2C business
Fintech startup Simpl has appointed Prateek Chugh as its Vice President for Direct To Consumer (D2C) business, the company informed via a statement. In his […]
Appreciate launches low-cost, fractional global investing platform for domestic investors
Mumbai-based fintech startup Appreciate has launched a platform for Indian investors to the United States (US) stock market with a focus on fractional investing. With […]
Mswipe Technologies secures $20 million in growth equity from existing investors
Mswipe Technologies has closed a $20 million primary growth equity capital round, drawing support from its existing investors. The funding will be utilised to expand […]
Razorpay launches payment gateway 3.0, AI chatbot and more
Razorpay has launched ‘Payment Gateway 3.0’, making it India’s only payment gateway that addresses the payment trip and the entire buyer journey. The fintech also […]
Signzy acquires Difenz for $5 million
Signzy has acquired Difenz at a valuation of $5 million. The acquisition also gives an exit to the existing investor 8i Ventures, according to a […]
CredAble and SBI Global Factors form alliance to boost tech-driven advances in supply chain finance
CredAble and SBI Global Factors (SBIGF) have formed an alliance to revolutionise domestic and export factoring, reverse factoring and Letter of Credit (LC) Bill Discounting […]
Ayekart Fintech raises $6.5 million from Omnivore, Siana and Unleash
Ayekart Fintech recently raised $6.5 million in a funding round led by Omnivore, Siana Capital and Unleash Capital Partners. With this series-A funding round, the […]
GroMo distributes Rs 100 crore in payouts to its partner agents
Fintech player GroMo has recently distributed Rs 100 crore in payouts to its partner agents. The company, in a statement, said that it aims to […]