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FI NEOBANK FUNDING
Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...- Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...
- Neobanking company Fi’s revival hinges on its credit offeringsInternally, the Fi is experimenting with a new user onboarding flow called Fi Lite, where customers are not mandated to open a digital bank...
- For many fintechs, NBFC tag may be elusiveAn NBFC licence would allow fintechs to offer loans from their own books, thereby build an asset base. Without this licence, they remain co...
- What does the future of banking in India look like?The digital revolution in the banking and financial sector met the need for convenient services, altering customers' expectations of their ...
- Three trends that will define India’s fintech sector in 2023Neobank partnerships driving hyper-personalised financial products, AI-driven efficiency in digital lending services and wealth tech for ev...
- Neo-banking crypto startup Juno raises $18 million in funding led by ParaFi CapitalAccording to the company, it will be using the funds to beef up its US team across functions of compliance, regulation and marketing; launc...
- Neobank Fi marks financial services foray with mutual fundsFi will offer around 600 index funds and increase the number going forward, the company said at a virtual press conference on Thursday
- Govt De-Fies crypto hoarders; India’s 100th startup unicornTaxman could impose an additional 20% tax on such transactions and income.
- 8 things you must know before trusting your money to a digital neo bankEven though these fintech players use the popular suffix, bank, it does not mean they are anywhere close to being a bank in regulatory term...
- Jupiter snags exclusivity rights from Tiger Global as it closes $86 mn fundingThis is only the second time in India when Tiger Global, the New York-based fund, has agreed to an exclusivity clause like this after a sim...
- 40th unicorn at the door; Dorsey blocked over Web3 trollingThe new year may be just a week away, but there might yet be time for one last startup to join the coveted club and make it 40 unicorns in ...
- Explained: How DeFi could one day liberate financeDecentralised finance, or DeFi for short, is a system in which customers can access financial products directly on a decentralised blockcha...
- Jupiter in talks for $100-million funding, valuation may doubleThis comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm ...
- QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPOIndia's neobanks, like all other tech startups, have been on a roll in 2021.
- Neobank Fi valued at $315 million after $50 million funding led by B CapitalThe latest funding comes after an intermediate capital infusion of about $12 million from existing investors, taking the total to $62 milli...
- Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....
- Flipkart could face huge fine; Jupiter raises $45MFlipkart, Binny Bansal and Sachin Bansal, as well as Tiger Global may get fined Rs 10,000 crore. Neobank Jupiter has raised $45 million fro...
- Exclusive: Neobank Jupiter raises $45 million from Brazil's Nubank, othersJitendra Gupta's Jupiter is among several Indian fintech startups—including Open, EpiFi, Razorpay and Niyo—that have entered into the nasce...
- EpiFi scores $13 million in its seed roundFunding tap is open for a host of ventures Sequoia Capital, Ribbit Capital, others pitch in.
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