November 9, 2024
Bengaluru-based fintech unicorn Razorpay's profits grew more than 4x in the financial year ending March 31, 2024. The Peak XV-backed startup reported a profit of INR 33.5 Cr, i.e. a jump of 365% compared to the INR 7.2 Cr announced the previous one. year. The startup's rise in profits is attributed to its increase in
November 8, 2024
The success of a young Nigerian digital product designer at this year’s Hackathon highlights the growing opportunities in Qatar’s tech space. At this year's Qatar Innovation Hackathon, Ajiri Omafokpe used his six years of fintech experience to drive product creation through an intense competition. Candidates were challenged to use digital technologies— such as machine learning
November 8, 2024
MODIFI, a global B2B Buy Now, Pay Later (BNPL) solutions platform, announced the completion of a $15 million project funding round led by SMBC Asia Rising Fund. The round also saw participation from existing investors Maersk, IntesaSanPaolo, Heliad and other leading global investors. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan's leading banks and a
November 8, 2024
VISA announced strategic investments in four startups that graduated from the first batch of its VISA Africa Fintech Accelerator Program. The company did not reveal the amount of each investment, but said it aligns with its current strategy to drive digital innovation in Africa, aiming to accelerate the growth of fintech across the continent and
November 7, 2024
The company is planting trees, reducing its carbon footprint and encouraging other fintech companies to follow suit. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in
November 7, 2024
Based in Oslo Bislaba fintech startup, secured €1.7 million in a pre-seed funding round to fuel its international expansion. The round was led by Sondo Capital, with additional contributions from angel investors including Frank Vikingstad (Sysco, Viglio), Christoffer Herheim (Optio) and Bent Skisaker (Autostore). Credit scoring and financial crime prevention Bislab, a financial technology startup
November 7, 2024
Join us for Bahrain's first fintech gathering, the Fintech Revolution Summiton February 25 and 26, 2025at Crowne Plaza Manama. Organized by TraiCon Events, this summit will bring together more than 500 BFSI experts and fintech leaders to explore fintech trends and investment opportunities, with a focus on Bahrain's Vision 2030 aimed at fostering a cashless
November 7, 2024
The rise of Africa's fintech sector has had a positive impact on financial inclusion, helping to give individuals and small and medium-sized enterprises (SMEs) better access to traditional financial services. Although the exponential growth of fintech has not been without risks and challenges, it has arguably also led to a considerable improvement in the lives
November 7, 2024
SINGAPORE, November 6, 2024 /PRNewswire/ - The Global Fintech Institute (GFI), with the support of the Monetary Authority of Singapore (MAS), proudly announces the launch of FLEXa global digital platform, and the Startup Investment Securities (SIC) frame. These initiatives are designed to bring transparency, trust and innovation to the global fintech ecosystem. FLEX is the
November 7, 2024
Visa injects new funds into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator Program. These investments underscore Visa's commitment to driving digital innovation in Africa, according to a press release emailed Wednesday (Nov. 6) to PYMNTS. In doing so, the payments giant aims to foster the development of FinTechs
November 6, 2024
SUMMARY Policybazaar's parent company reported a consolidated net profit of INR 50.98 Cr in the second quarter (Q2) of the financial year 2024-25 (FY25), compared to a loss of INR 21.11 Cr in the previous year . For the day, over 33.35 Lakh shares of PB Fintech changed hands and the company's market capitalization stood
November 6, 2024
The financial technology company plans to use the new funds to expand its reach in Southeast Asian markets. Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise
