Singapore fintech Nium to acquire Wirecard Forex India
The acquisition is expected to close in the third quarter of 2021.
The acquisition is expected to close in the third quarter of 2021.
The firm landed an additional $315 million on top of the $285 million raised in May.
The round could value the Bangalore start-up at $350 million.
The start-up plans to “double down on growth in Nigeria and India”.
The Middle Eastern bank is looking to transform its treasury operations.
UK business bank aims to “unleash” the potential of Indian SMEs.
The Bengaluru-based firm is aiming to build India’s first neobank for teenagers.
Purohit has previously worked in leadership roles at RBL, Barclays and JPMC.
Cashfree claims to process more than $20 billion annually.
Merchant payments platform Pine Labs plans regional expansion.
India, Singapore, and the US to be first countries trialled for remittances switch.
Blackstone intends to build Mphasis into a $10 billion-valued company.
Features include a flexible deposit product and rewards for saving money.
The UK fintech aims to create 300 new Indian jobs.
If finalised, the investment would come through SoftBank Vision Fund 2.
Indian payments firm snaps up Fave to introduce the latter to India.
Featuring CRED, OneStream Software, Loopio, Patreon, and Ramp.
The UK firm is seeking 25,000 new customers in the country.
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
KreditBee’s fresh funding also saw the exit of Finnov’s Chinese investors.
India is home to just two self-made female billionaires.
In the next two years, ZikZuk intends to take itself across the globe.
It will affect players as large as Amazon, Google, and Flipkart.
By the end of this year, Open wants to turn 1.8m into 5m customers.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
The firm is in talks with the Reserve Bank of India, local banks and fintech start-ups.
Consumers started to move from contactless to contact-free in 2020.
The fintech says it will bring the exact same offering it has in the UK, to India.
CoinSwitch Kuber is gunning for ten million users this year.
B2B payments firm reaches total funding of $1.2 billion.
Prime minister Modi is expected to announce the news next month.
The neobank claims to work with 700 partners already.
Cashfree counts more than 50,000 businesses as customers.
Klear promises an “approachable and easy” way to understand financial health.
SBM is partnering up with PayNearby for its initial stages.
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
The launch has been delayed for years since its beta testing in 2018.
Payzello was founded by 26-year old college dropout, Pruthiraj Rath.
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Once the regulator has decided on applicants, it will determine the conditions of the sandbox.