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AMICA FINANCIAL TECHNOLOGIES
Neobanking startup Jupiter gets RBI nod for mobile wallet licenceNeobanking startup Jupiter, backed by Tiger Global and Peak XV Partners, secures a prepaid payments instrument licence from the RBI to offe...13 Jun, 2024, 06.11 AM IST- One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.15 Aug, 2023, 06.00 AM IST
- Neobank Jupiter secures NBFC licence; will raise debt to push lending businessThe development is significant for Jupiter, which has been scaling its lending operations through partner NBFCs.07 May, 2023, 10.11 AM IST
- EV scooter sales hit a bump in April, Ola grows marginally; What's plaguing Nykaa?Electric two-wheeler sales took a beating in April, according to data from Vahan, a government database that tracks vehicle registrations, ...02 May, 2023, 08.52 PM IST
- BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.02 May, 2023, 04.38 PM IST
- Kunal Shah’s Newtap Technologies in talks to raise $50-70 million to push lending businessShah has discussed shoring up the funds from Cred’s existing investors including Sequoia Capital and Singapore’s sovereign fund GIC, which ...01 May, 2023, 11.03 PM IST
- Cred’s NBFC may raise $50-70 million; MapmyIndia CEO wants internet body IAMAI to reflect Indian voicesKunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred...01 May, 2023, 08.12 PM IST
- Fintech sector grapples with heightened scrutiny, and other top stories this weekAs things stand, it is no wonder that fintechs have been shopping around to acquire an NBFC licence. Cred acquired Parfait Finance in Novem...29 Apr, 2023, 01.45 PM IST
- Pencilton raises $330K in a pre-seed round by Jupiter, othersPencilton offers a debit card, PencilCard, to teenagers and students to help them manage their expenses while teaching them the basics of m...27 Jul, 2021, 05.13 PM IST
- Jupiter scores $2 million in top-up funding roundJupiter will provide savings account, investments and lending services to the salaried millennial population with an income demographic of ...08 Apr, 2020, 04.38 PM IST
- KarbonCard scoops up $2 million in angel funding round from Amrish Rau, Kunal Shah and Jitendra GuptaThe fin-tech venture provides an alternative to startups looking for corporate cards to meet expenses.11 Mar, 2020, 04.58 PM IST
- EpiFi scores $13 million in its seed roundFunding tap is open for a host of ventures Sequoia Capital, Ribbit Capital, others pitch in.13 Jan, 2020, 09.22 AM IST
- Whiteboard Capital mixes incubator, micro-VC approachAs the name suggests, Whiteboard Capital bet on founders even before their business plan is finalised and to help them refine their product...08 Dec, 2019, 11.03 AM IST
- $24 million funding takes Amica pre launch valuation to $70 millionA host of investors are banking on new age startups for bumper returns. The latest funding secured by Amica is backed by a list of institut...04 Nov, 2019, 07.12 PM IST
- Startup founders who scored big exits are rebounding with a second ventureWhile one in 10 investments thrive, investors hope signing up with seasoned entrepreneurs will even the odds.09 Sep, 2019, 09.20 AM IST
- Top VCs cut big cheques for idea stage startupsInvestors like Sequoia, Matrix & Lightspeed eye Series-A deals from seasoned founders, executives.09 Aug, 2019, 08.07 AM IST
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