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Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Paying extra for MF-PMS? Here’s what investors get and what they may lose on returnsPMS-style mutual fund advisory can fetch you a curated selection of funds with allocation and execution embedded. This convenience faces a ...
Atul Auto ties up with Exponent Energy to develop rapid-charging electric three-wheelerAtul Auto and Exponent Energy are joining forces to create fast-charging electric three-wheelers. The goal is to introduce 15,000 vehicles ...
Japanese proverb of the day: “Even dust, when piled up, becomes a mountain.” Small, consistent efforts accumulate into great achievements over time — a lesson on how today’s generation can turn tiny daily efforts into massive successJapanese proverb of the day: Small daily efforts build success faster than most people expect. Data shows 1% daily growth can deliver nearl...
Fintech startup Zynk raises $5 million from Hivemind Capital, othersZynk has raised $5 million in a funding round led by Hivemind Capital, with participation from global venture capital firms such as Allianc...
Algorithmic decision-making may pose non-traditional risks to financial system: RBI Deputy Governor Swaminathan JRBI Deputy Governor Swaminathan J highlights new digital risks. Algorithmic decisions and platform concentration pose threats to the financ...
Digital payments provider Pine Labs acquires API infra firm Setu for $70-75 millionPost the acquisition, Setu will work independently and retain its brand entity and continue to serve its existing merchants and Pine Labs w...
B2B fintech company FinBox raises $15 millionFinBox plans to use the capital to scale up offerings and expand to the Southeast Asia market.
Vyapar partners with FinBox to offer credit to 900,000 MSMEsVyapar is now looking to offer credit to its merchant ecosystem by embedding loan products in its app itself. This will allow MSMEs to appl...
Arya.ag announces single click agri Insta-Loan for the farming communityA farmer can avail a loan instantly against his or her stored commodity at his or her discretion and choice from the comfort and convenienc...
Neobank Open acquires Finin in $10 million dealAccording to Open, the acquisition will also further enhance its no-code embedded finance platform Zwitch.
Open acquires consumer neo-banking platform Finin for $10 millionThe acquisition will strengthen Open's cloud native enterprise offering BankingStack via which it has deployed SME digital banking solution...
Neobanking startup Open raises $100 million from Temasek, Google, othersPost this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round.
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...
Razorpay acquires TERA Finlabs in push for startup, MSME loansRazorpay Capital along with TERA Finlab's technology capabilities will be able to service the credit needs of more than 10,000 startups and...
Innovations for cashless economy: Can India have a digital sovereign currency?India's cash-to-GDP ratio, at 12 percent, is among the highest in the world, and the massive informal sector is shot through with leakages....
- SCO, DataVision foray core banking solutions
Leading IT vendors provide core banking solution to BRIC market banking institutions as banks move from branch automation to centralized co...