Tag archive for ‘Fintech industry news’
Intellect Design Arena's iGTB business to help Canadian Western Bank to boost payment service technology
By businessnewstoday On Monday, May 31st, 2021
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Intellect Design Arena to help Canadian Western Bank boost payment service technology

(adsbygoogle = window.adsbygoogle || []).push({}); Intellect Design Arena said that its transaction banking unit – Intellect Global Transaction Banking (iGTB) has been selected by Canadian Western More...

Infibeam Avenues to make further investment in fintech firm RemitGuru
By businessnewstoday On Friday, May 28th, 2021
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Infibeam Avenues to make further investment in fintech firm RemitGuru

Infibeam Avenues Limited said that its board has given a green signal for making further investment in Avenues Payments India Private Limited, the owner of RemitGuru, an online remittance service provider. The investment More...

Larsen & Toubro Infotech to deploy digital banking platform for Hoist Finance
By businessnewstoday On Tuesday, May 18th, 2021
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Larsen & Toubro Infotech to deploy digital banking platform for Hoist Finance

Larsen & Toubro Infotech (LTI) said that its digital banking platform will be deployed by Swedish financial services company Hoist Finance. According to the Indian technology consulting and digital solutions More...

Nucleus Software deploys FinnOne Neo solution for Bank of Sydney
By businessnewstoday On Monday, May 17th, 2021
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Nucleus Software deploys FinnOne Neo solution for Bank of Sydney

Nucleus Software, an Indian lending and transaction banking software provider, said that Bank of Sydney has selected FinnOne Neo, the former’s flagship lending solution for expediting its digital lending transformation More...

Pine Labs raises $285m in new funding round for merchant commerce platform
By businessnewstoday On Monday, May 17th, 2021
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Pine Labs raises $285m in new funding round for merchant commerce platform

Pine Labs, an Indian merchant commerce platform company, has raised $285 million in a new financing round at a valuation of over $3 billion. The new funding round saw the participation of Baron Capital Group, Marshall More...

Guru Capital to acquire British fintech company Oval Money
By businessnewstoday On Saturday, May 15th, 2021
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Guru Capital to acquire British fintech company Oval Money

Swiss private equity firm Guru Capital has agreed to acquire substantially all the assets of Oval Money, a UK-based fintech company, for an undisclosed price. Guru Capital said that it will integrate Oval Money More...

Zensar Technologies to develop next-gen wealth management platform for Infinity Circle
By businessnewstoday On Friday, May 7th, 2021
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Zensar to develop next-gen wealth management platform for Infinity Circle

Zensar Technologies, a subsidiary of RPG Group, has been selected by UK-based fintech company Infinity Circle for end-to-end development of the latter’s next-gen wealth management platform. Infinity Circle is More...

EBRD, Goldman Sachs to invest in Turkish fintech company DgPays
By Soujanya Ravi On Sunday, April 18th, 2021
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EBRD, Goldman Sachs to invest in Turkish fintech company DgPays

The European Bank for Reconstruction and Development (EBRD) and Goldman Sachs are jointly investing in Turkish fintech company – DgPays, as per an announcement made in March 2021. The transaction is subject to More...

Indian fintech company Dhanvarsha Finvest raises $8.8m in funding round
By businessnewstoday On Friday, April 16th, 2021
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Indian fintech company Dhanvarsha Finvest raises $8.8m in funding round

Dhanvarsha Finvest, an Indian fintech company, has secured a capital infusion of INR658.3 million ($8.8 million) led by Aviator Emerging Market Fund (AEMF). International investors such as Porter Collins and Vincent More...

Airtel Africa secures $100m investment from Mastercard for mobile money business - Airtel Mobile Commerce
By businessnewstoday On Monday, April 5th, 2021
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Airtel Africa secures $100m investment from Mastercard for mobile money business

Airtel Africa has secured an investment of $100 million for its mobile money business – Airtel Mobile Commerce (AMC BV) from Mastercard in return for a minority stake. Currently, Airtel Mobile Commerce is More...