February 28, 2025
Maya Achieves Profitability in 2024: A Milestone for Philippine Fintech In a remarkable achievement, Maya, a prominent fintech company based in the Philippines, has announced that it reached profitability in 2024. This milestone marks a significant turning point for the company, highlighting the growth and potential of the fintech sector in the region. Explosive Growth
February 28, 2025
DPIIT and Paytm Forge Partnership to Propel Fintech and Manufacturing Startups in India The Ministry of Promotion of Industry and Internal Trade (DPIIT) has officially signed a Memorandum of Understanding (MoU) with Paytm, specifically One97 Communications Limited, to foster innovation and expedite the growth of fintech and manufacturing startups across India. This strategic alliance seeks
February 28, 2025
Indian Fintech Startup Hiwipay Secures $2 Million Seed Funding Hiwipay, a promising cross-border fintech startup from India, has successfully raised $2 million in seed funding. This significant investment marks a major step forward for the startup as it seeks to revolutionize the cross-border payment landscape in India and beyond. Aiming for Ambitious Growth The funds
February 27, 2025
Hiwipay Secures Seed Funding to Enhance Cross-Border Payment Solutions Investment Overview Hiwipay, a burgeoning fintech startup based in Mumbai, has successfully raised $2 million (approximately 17.4 crore INR) in a seed funding round led by Unicorn India Ventures. This significant financial backing aims to bolster Hiwipay's capabilities in managing cross-border payments and financial transactions for
February 27, 2025
Collaboration Between DPIIT and Paytm: A Boost for India's Startups On February 26, 2025, the Ministry of Promotion of Industry and Internal Trade (DPIIT) entered into a transformative partnership with Paytm, one of India's leading digital payment platforms. This memorandum of understanding (MoU) aims to provide comprehensive support for manufacturing and fintech startups across the
February 27, 2025
Amazon Faces $38.9 Million Fine from Indian Court In a significant legal development, an Indian court has imposed a fine of $38.9 million on Amazon for trademark infringement. This ruling highlights ongoing legal challenges faced by international companies operating in India's vast market. The decision underscores the importance of brand protection and compliance with local
February 27, 2025
PAYTM's Mentorship and Support for Fintech Startups PAYTM is paving the way for innovative solutions in the fintech sector by providing extensive support to startups. Through a comprehensive program, PAYTM aims to enhance the potential of emerging companies by offering guidance, resources, and funding opportunities. This initiative is significant in a rapidly evolving financial landscape,
February 27, 2025
Fawry Invests $1.6 Million in Three Prominent Egyptian Fintech Startups News • February 26, 2025 Fawry, Egypt’s leading electronic payment platform, has announced a significant investment of $1.6 million in three innovative fintech startups based in Egypt. This strategic investment aims to bolster Fawry’s growth and expansion within the fintech ecosystem, thereby enhancing the suite
February 26, 2025
Paytm Partners with DPIIT to Fuel Innovation in Startups Summary: Vijay Shekhar Sharma, the CEO of Paytm, has entered into a strategic partnership with the Department of Promotion of Industry and Internal Trade (DPIIT) to promote innovation and accelerate the growth of manufacturing and fintech startups in India. Strategic Collaboration with DPIIT In a significant
February 26, 2025
Zeller Launches Comprehensive Financial Solution for Startups in Australia Zeller has unveiled a cutting-edge financial solution tailored specifically for Australian startups. Dubbed Zeller for Startups, this innovative platform addresses the unique challenges faced by technology startups in Australia, aiming to streamline and simplify their financial management processes from the very beginning of their entrepreneurial journey.
February 26, 2025
Empowering India's Startup Ecosystem: The DPIIT-Paytm Partnership India's startup ecosystem is currently at a pivotal moment, fueled by innovation and strong government support aimed at bolstering growth. In a significant move to enhance this entrepreneurial landscape, the Department of Promotion of Industry and Internal Trade (DPIIT) has joined forces with Paytm (One97 Communications Limited) to
February 26, 2025
DPIIT Partners with Paytm to Foster Innovation in India's Startup Ecosystem The Department of Promotion of Industry and Internal Trade (DPIIT), under the Government of India, has recently established a strategic partnership with Paytm through a memorandum of understanding (MOU). This initiative aims to enhance innovation and accelerate the growth trajectory of manufacturing and fintech
