2022 Year in Review | A tumultuous 2023 awaits fintech startupsWith the regulatory overhang on fintechs continuing, and the Reserve Bank of India (RBI) taking steps to regulate various aspects of the se...
30 Dec, 2022, 10.38 AM IST
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...
21 Dec, 2022, 05.00 PM IST
Neobank firm Vance raises $5.8 million in Seed round led by Hummingbird VenturesWith Vance, international travellers can spend like locals, migrants can send personal remittances to their home country at live rates, and...
03 Oct, 2022, 10.38 AM IST
Sequoia, Tiger Global lead startup funding in Apr-Jun; fintechs attracted most funds: Nasscom reportOut of Tiger Global's total investments, 40 per cent were in the fintech sector and 20 per cent in the enterprise technology domain. For Se...
17 Jul, 2022, 06.07 PM IST
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
05 May, 2022, 05.04 PM IST
IIFL Finance charts up neo-banking foray, makes Open unicorn with new investmentThe company issued a press statement later in the day saying it had become the 100th Indian unicorn, or those privately held companies with...
03 May, 2022, 10.46 AM IST
Exclusive | Neobank Open expected to enter unicorn club with new funding of $100-150 millionGoogle-backed neobank Open is in advanced talks to close a new funding round of $100 million to $150 million at a post-money valuation of $...
23 Dec, 2021, 09.42 PM IST
Razorpay’s valuation rises to $7.5 billion after $375-million fundingRazorpay’s valuation has increased by more than seven times since it turned unicorn in October 2020 due to a pandemic-induced surge in dema...
20 Dec, 2021, 12.01 AM IST
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 ...
02 Nov, 2021, 07.46 AM IST
Neobank Open raises $100M; Swiggy's social sideIndia’s neobanking startups raised $33.2 million between them in a pandemic-hit 2020. Today we report that the neobank Open has raised more...
12 Oct, 2021, 08.32 PM IST
Open raises $100 million in Series C round led by Temasek, Google, othersOpen offers a neo-banking platform that integrates all the tools used by small businesses and integrates it with the business current accou...
12 Oct, 2021, 04.20 PM IST
Hat-trick of unicorns; What are neobanks?Just when you thought the year couldn't get any crazier, three startups have joined the billion-dollar club on consecutive days in an alrea...
07 Oct, 2021, 08.06 PM IST
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....
07 Oct, 2021, 04.57 PM IST
Neobanking attracts heavyweightsIn today's ETtech Morning Dispatch, Indian neobank Open draws interest of Amazon, Google and Visa; Paym parent invites shareholders to dilu...
08 Jun, 2021, 08.57 AM IST
ETtech Exclusive: Amazon, Google and Visa are 'Open' to neo-bankingCompany may raise $100-120 million in new round, valuation may jump three times.
08 Jun, 2021, 08.37 AM IST
UAE's first independent digital banking platform launchedDubai-based YAP does not have a banking licence itself but has partnered with RAK Bank which provides international bank account numbers fo...
07 Mar, 2021, 10.51 AM IST
Yap mops up Rs 10 crore in angel fundingAmong others who participated in the startup’s maiden funding round are Vikram Chachra, founding partner of early-stage venture capital fir...
14 Feb, 2020, 09.47 AM IST