Discover 27 articles related to Fintech
Indian fintech startup Bachatt has secured $4 million in seed funding, co-led by Lightspeed and Info Edge Ventures, with participation from industry leaders like Abhiraj Bhal, Sunil Prabhune, Abhinav Sinha, and Maninder Gulati. The funds will support the full-scale launch of its daily savings app, targeting India's self-employed population.
Equirus Wealth launches an AI-powered wealth-tech platform, offering real-time portfolio insights, advanced analytics, and secure data aggregation to cater to India’s emerging affluent and high-net-worth investors.
MIRA Money crosses ₹250 crore AUM, targeting ₹600 crore by 2025-end, driven by demand for transparent, tech-led, goal-based investing among young professionals.
Indian wealthtech startup Smallcase has raised $50 million in a Series D funding round led by Elev8 Venture Partners, with participation from State Street Global Advisors and others. The funds will be used to diversify its investment products, including mutual funds and fixed income, and to enhance technology and market reach.
Yenmo, a Bengaluru-based fintech startup, has raised ₹9.2 crore in a Y Combinator-led round. The company is on a mission to introduce ‘Good Loans’—a responsible, transparent, and customer-first approach to lending in India. The funding will help scale its operations and strengthen its technology-driven credit assessment system.
Punch, a stock trading platform founded by industry veterans, is raising an additional $3 million in an extended seed round to fuel its growth and expansion plans. The company, backed by Kunal Shah, continues to attract investor interest as it builds a next-generation trading experience for retail investors.
Deciml, founded by Satyajeet Kunjeer in 2020, has raised $3 million in a seed funding round led by Jainam Broking Limited. The platform's innovative approach automatically invests users' spare change into mutual funds, simplifying the investment process. The funds will be utilized for user acquisition, product enhancement, and team expansion.
Mintoak, a Mumbai-based fintech firm supported by Pravega Ventures, HDFC Bank, and PayPal, has acquired Digiledge to improve its digital payment solutions for small businesses. This acquisition will integrate bill payments and CBDC technology into Mintoak’s platforms, helping it compete with industry leaders like PhonePe, Paytm, and BharatPe.
Jitendra Gupta, CEO of Jupiter, discusses the importance of fintech-bank partnerships in reshaping India's financial landscape. He points out the disconnect between banks’ revenue models and consumers’ financial objectives, arguing that collaboration is the key to bridging this gap and creating better financial products.
HiWiPay, a Mumbai-based cross-border payments platform, has raised $2 million in seed funding led by Unicorn India Ventures. The funds will be used to expand trade remittance services and scale operations in the education remittance sector.
Technodysis, a Bengaluru-based IT services startup founded by CEO Nithyananda Nayak, has secured ₹10 crore in debt funding from Recur Club. The funds will support the company's operational expansion, product development, and international market growth.
Bengaluru-based ToneTag raises $78 million in Series B2 funding, marking its first major investment in seven years. The firm, backed by Amazon, specializes in sound-based contactless payments.