Author: nripn

Mysa Secures $3.4 Million Funding to Enhance Fintech Solutions Bangalore-based business-to-business fintech startup, Mysa, has successfully raised $3.4 million in its recent funding round. This financing was co-led by Blume Ventures and Piper Serica, with additional participation from Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors like Antler, IIMA Ventures, and Neon Fund. Previous Funding and Growth Prior to this round, Mysa secured $2.8 million in seed funding from Blume Ventures and other investors in February 2025. The latest investment highlights the growing interest in fintech solutions tailored for mid-sized businesses in India. Expanding Automation Capabilities With…

Bengaluru’s Mysa Raises $3.4 Million to Transform Financial Operations Bengaluru-based fintech startup Mysa has successfully raised $3.4 million in a pre-Series A funding round, co-led by Blume Ventures and Piper Serica. The funding round also saw participation from several notable investors, including Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing supporters like Antler, IIMA Ventures, and Neon Fund. This latest funding round brings Mysa’s total funding to $6.2 million. Prior to this, in February 2025, Mysa had raised $2.8 million in a funding round led by Blume Ventures, marking a steady growth trend for the nascent fintech company.…

Zocks Secures $45 Million to Enhance AI Platform Zocks has successfully raised $45 million in a new funding round co-led by Lightspeed Venture Partners and QED Investors, with participation from existing investors such as Motive Partners, Expanse Venture Partners, Ouverture Capital, Illuminate Financial, and 14Peaks Capital. This new capital increases the company’s total funding to $65 million, marking a significant milestone in its growth journey. Innovative AI Solutions for Financial Advisors The company aims to advance its agentic AI model, designed to assist financial advisors in automating intricate tasks while identifying new customer opportunities. By utilizing this platform, advisors can…

Shadow AI Tools and Chatbots in Hospitals Recent findings reveal that artificial intelligence (AI) tools and chatbots are becoming ubiquitous in hospitals, but there is growing concern regarding their oversight and implementation. The Rise of Shadow AI Shadow AI refers to AI applications used by healthcare staff without formal approval or guidelines from hospital administrators. This trend raises questions about the quality and safety of care being delivered to patients. A significant study indicates that hospital administrators are three times more likely than clinicians to engage with AI policy-making. This disconnect suggests that many frontline healthcare workers are leveraging these…

AI Finance: From Experimentation to Institutional Infrastructure Insider’s Memory Artificial intelligence (AI) has made a significant transition in the financial sector, evolving from mere experimentation to becoming a core infrastructural element. This shift has led to competitive advantages consolidating in cities and jurisdictions capable of deploying AI within regulated production environments. The landscape of financial services is rapidly changing as a new study reveals important insights about the current state of AI implementation across the globe. Leadership in AI Finance: A Global Overview The United States is at the forefront, benefiting not just from innovation but from a robust institutional…

B2B Fintech Startup Mysa Secures $3.4 Million in New Funding Bengaluru-based Mysa, a cutting-edge fintech startup, has successfully raised $3.4 million in a recent financing round. This round was co-directed by notable investors Blume Ventures and Piper Serica. Other participants in the funding round included Ikemori Ventures, Raise Financial Services, and QED Innovation Labs, along with existing investors like Antler, IIMA Ventures, and Neon Fund. With this latest investment, Mysa’s total funding has reached $6.2 million, following an earlier seed funding round of $2.8 million led by Blume Ventures in February. Streamlining Financial Operations for Mid-Market Businesses Founded by Arpita…

Fizz: Revolutionizing Personal Finance for Young Adults Fizz, formerly known as Mine, has successfully raised $14 million in a recent funding round aimed at enhancing its offerings for young adults seeking financial wellness. The rebranding reflects the company’s commitment to expanding beyond credit solutions to a more comprehensive financial wellness platform. A Shift Towards Financial Empowerment In an official announcement made on January 26, the company unveiled its transformation to Fizz, emphasizing its focus on financial empowerment. Co-founder Scott Smith articulated the company’s vision: “Your finances should feel like they’re in your hands, not hanging over your head.” This new…

The Evolution of Banking Technology: Embracing Agentic AI The Rise of Agentic AI Agentic AI represents a transformative shift in banking technology, allowing financial institutions to streamline operations, improve customer interactions, and harness data more effectively. This advanced form of artificial intelligence empowers systems to act autonomously, making decisions that resonate with banking strategies and customer expectations. Understanding the Opportunities For banks, the implementation of Agentic AI can unlock significant opportunities for growth and innovation. By leveraging machine learning algorithms, these institutions can provide personalized financial products, predict market trends, and enhance customer service. As banks begin to understand the…

Michigan DIFS Issues Guidelines on AI in Financial Services On January 14, the Michigan Department of Insurance and Financial Services (DIFS) issued a bulletin addressing the integration of artificial intelligence (AI) in the financial services sector. This important publication serves to remind financial service providers regulated by DIFS of their obligations to comply with all relevant laws and regulations when utilizing advanced analytical and IT technologies, including AI systems. Importance of Compliance The DIFS bulletin outlines its expectations concerning the governance and operational standards for the development, acquisition, and implementation of AI technologies in the financial industry. Financial service organizations…

Free newsletter Get the latest Fintech Philippines news delivered to your inbox once a month Kollab Invests $2 Million in PayRex’s Series A Funding Round Digital transformation consultancy Kollab has made a significant move by investing US$2 million in the Series A funding round of Evolut10n Labs, Inc., operating under the name PayRex. This investment aims to bolster the expansion of this innovative fintech startup throughout the Philippines. About PayRex and Its Offerings Set to launch in late 2023, PayRex is positioned to deliver comprehensive online payment solutions. These include PCI DSS-compliant processing for credit and debit card transactions, alongside…