Tag: Fintech industry news
Citi invests in Peru’s leading FX fintech Rextie
Citi, a global juggernaut in foreign exchange (FX) markets, has announced a pivotal investment in Rextie, the leading fintech for FX services in Peru. This ... Read More
CAMSfinserv integrates 17 AMCs on account aggregator platform
CAMSfinserv, an RBI-licensed Account Aggregator (AA) in India, declared its alliance with all seventeen Asset Management Companies (AMCs) serviced by CAMS. This integration positions CAMSfinserv ... Read More
Matera boosts digital payment strategy with acquisition of AI leader Cinnecta
In a move set to revolutionize the digital payment landscape, Matera, a prominent player in instant payments, QR codes, and digital ledger technology, has announced ... Read More
Major shift in Paytm ownership: Vijay Shekhar Sharma boosts stake to 19.4%
In a significant turn of events for one of India's fintech giants, Vijay Shekhar Sharma, Founder and CEO of Paytm (One 97 Communications Limited), is ... Read More
Upgrade acquires travel BNPL provider Uplift in $100m deal
Upgrade, Inc., a fintech firm renowned for offering affordable credit and mobile banking solutions, today reported its acquisition of Uplift, Inc., a top-tier provider of ... Read More
Unit21 raises $45m to strengthen fraud detection with Fintech Fraud DAO
Unit21, a risk and compliance infrastructure firm, has revealed raising $45 million in a Series C funding round in 2022, steered by Tiger Global and ... Read More
Navadhan bags $1.5m seed funding for expansion of rural fintech platform
Navadhan, an Indian fintech startup focused on rural areas, has announced raising $1.5 million in a seed funding round led by Varanium NexGen, a fintech-focused ... Read More
ThetaRay, Millennium EBS unite to revolutionize compliance landscape in banking
ThetaRay, an artificial intelligence (AI) powered transaction monitoring technology provider, has formed a strategic partnership with payment hub solutions leader, Millennium EBS, to advance compliance ... Read More
Uzum, Click plan to merge to bolster Uzbekistan’s digital services
Uzum, the largest ecosystem of digital services in Uzbekistan, and Click, a prominent payments company in the country, have revealed plans for a prospective merger. ... Read More
Axis Bank introduces Sarathi digital onboarding platform for POS terminals
Axis Bank, a private sector bank in India, has introduced the Sarathi digital onboarding platform designed to facilitate electronic data capture (EDC) or point of ... Read More