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Startup News—nripn—September 30, 2024
BASIC Home Loan, a fintech startup, raised $10.6 million in its Series B funding round. The round was led by Bertelsmann India Investments (BII), alongside CE-Ventures. Existing investors Ashish Kacholia, Gruhas, Let's Venture, 9Unicorns and Venture Catalysts also participated in the new round of core home loans. “With its superior technology stack, the company has
AI in Finance—nripn—September 30, 2024
Healthcare Finance NewsAI goes beyond experimentation modeCIOs and other IT leaders are expected to explore practical applications of AI this year, such as its use in administrative functions,….12 hours ago
Startup News—nripn—September 30, 2024
Fintech start-up Basic home loanan automation platform real estate loans for middle and low income households in India, raised $10.6 million (Rs 87.5 crore) under a Series B financing round. The investment was led by Bertelsmann India Investments (BII), the strategic investment arm of German giant Bertelsmann SE & Co. KGaA, as well as CE-Ventures,
Technology Innovations—nripn—September 30, 2024
Finastra today announced the appointment of Mike Stawchansky as Senior Vice President and Chief Technology Innovation Officer. Mike works in the CEO's office and is responsible for Finastra's technology and innovation client initiatives. Mike said, “I am very excited to be part of Finastra and am truly inspired by the passion and enthusiasm I see
Market Rumors—nripn—September 30, 2024
We recently compiled a list of 10 Best Fintech Stocks to Buy Now. In this article, we'll take a look at where Fiserv, Inc. (NYSE:FI) stacks up against other fintech stocks. If you are interested, you can also read our article on 12 Best Financial and Fintech ETFs to Buy. Fintech services have become an
AI in Finance—nripn—September 30, 2024
Cathie Wood's Ark Invest dumps Palantir stock amid S&P 500 inclusion and expanded AI alliance Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain articles through the links below. Wednesday, the Cathie Bois-directed Ark Invest made a notable move by selling a significant portion of its stake in Palantir Technologies Inc. (NYSE:PLTR).
Technology Innovations—nripn—September 30, 2024
Thanks to technological advancements, the financial sector has seen significant growth and transformation. In this context, the term FinTech has gained popularity. According to Invest India, India has become the fastest growing FinTech market in the world, with an adoption rate of 87%. Furthermore, the market size is poised to reach $1.5 trillion by 2025.
AI in Finance—nripn—September 30, 2024
Businesses are outsourcing more finance and accounting functions to service providers, seeking tailored solutions with modern technology, according to the ISG Provider Lens™ report. STAMFORD, Conn., September 25, 2024-(BUSINESS FEED)-Companies have expanded their outsourcing of financial and accounting operations while demanding more specialized capabilities from vendors, according to a new research report released today by
Startup News—nripn—September 30, 2024
BharatPe and his co-founder Ashneer Grover to have settled their two-year legal dispute, according to a statement released by the New Delhi-based financial technology company. “As part of the settlement, Grover will not be associated with BharatPe in any capacity and will not be part of the shareholding of the company,” the company said. Grover's
Technology Innovations—nripn—September 30, 2024
open sharing links close sharing links These days, it's not uncommon to use Venmo to split the dinner bill or Apple Pay to buy a coffee, but that wasn't always the case. Ten years ago, most of us took money out of our wallets or handed over our credit cards to make a purchase, without
Market Rumors—nripn—September 30, 2024
New Delhi: The third edition of Fintech Festival India kicked off on March 6, marking the start of a three-day extravaganza celebrating innovation, collaboration and inclusion in the fintech sector. The event was attended by Union Minister for Information and Technology Ashwini Vaishnaw, who lauded the remarkable progress made by the Modi government over the
Startup News—nripn—September 30, 2024
Egyptian fintech startup SETTLE has raised $2 million in seed funding to accelerate its global expansion and further develop its platform. Founded in 2023 by Kamil Sayour and Mostafa Mobarak, ADJUST is a web-based B2B payments platform that aims to modernize businesses' financial operations by simplifying payment processes and collecting real-time cash flow data and
