B2B Market Media (B2B) | The Founder Media (TFM) organised the second edition of LendTechX 2024 in Mumbai on 25th October. The conclave, with the theme, “Beyond Boundaries: The Evolution …
digital lending
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LendTech
Veefin group acquires 26 per cent stake in EpikIndifi, expands digital lending portfolio
by The Founderby The FounderVeefin Group has secured a 26 per cent stake in software solutions provider EpikIndifi through a cash-and-share swap deal, valuing the company at Rs 125 crore. This marks Veefin’s third …
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LendTech
FlexiLoans secures Rs 290 crore in Series C funding to empower MSMEs in India
by The Founderby The FounderFlexiLoan has raised Rs 290 crore in its Series C funding round. The round attracted prominent global and domestic investors such as Accion, Nuveen, Fundamentum and Maj Invest with Unitus …
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FinTech
Navi and Karnataka Bank introduce credit line on UPI to transform digital lending
by The Founderby The FounderNavi has partnered with Karnataka Bank to launch a credit line feature on Unified Payments Interface (UPI). This initiative integrates a pre-approved credit line directly into the UPI, offering customers …
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FinTech
Navi Finserv raises Rs 320 crore from JP Morgan in a securitisation deal
by The Founderby The FounderNavi Finserv has secured $38 million (approximately Rs 320 crore) from JP Morgan through a securitisation deal. This funding will enhance the company’s digital lending efforts. This is one of …
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What inspired you to venture into the realm of digital lending? Our journey into digital lending at AllCloud was inspired by the remarkable potential we identified in leveraging technology to …
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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 bold stride into advanced financial …
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B2B Market Media (B2B) | The Founder Media (TFM) organised the maiden edition of LendTechX 2024 in Bengaluru on 15th March. The conclave, with the theme, “unleashing the future of …
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FinTech
CredAble and SBI Global Factors form alliance to boost tech-driven advances in supply chain finance
by The Founderby The FounderCredAble and SBI Global Factors (SBIGF) have formed an alliance to revolutionise domestic and export factoring, reverse factoring and Letter of Credit (LC) Bill Discounting activities. The relationship with SBIGF …
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LendTech
RBI grants three additional months to banks and NBFCs to adopt fair lending practice
by The Founderby The FounderThe Reserve Bank of India (RBI) has granted three additional months to banks and Non-Banking Financial Companies (NBFCs) up till 1st April, 2024, for executing the modified norms for levying …