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NEO BANKING SOLUTION
Neo Wealth Management appoints Shajikumar Devakar as Co-Founder and CEONeo Group has appointed Shajikumar Devakar as co-Founder and CEO of Neo Wealth Management. Shaji's experience includes leadership roles at ...
Wealth management startup Neo Group secures Rs 400 crore from MUFG Bank, Euclidean CapitalThe Peak XV Partners-backed firm is building a wealth management platform focused on the premium segment of Indian consumers. The funds wil...
PayU's Wibmo building full-stack payment gateway solutionsPayU-owned Wibmo is emerging as a key offering for Naspers-backed PayU which is looking to venture deeper into business payments and enter ...
Wealth management firm Neo raises $35 million from Peak XV PartnersThe round marks one of the bigger growth cheques that Peak XV has written this year after separating from its US-franchise Sequoia Capital,...
IIFL Finance, Open Financial join hands to launch neobank for MSMEsThe unique proposition of this neobank is an innovative User Interface (UI) system made exclusively for small merchants -- a first of its k...
Venture Catalyst’s Beams Fintech Fund raises $36 millionBeams Fintech, which was launched earlier in January this year, was targeting a fund size of $100 million and was looking to invest in grow...
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...
Khatabook plans to become merchants focused digital bank by end-2022With the Series C funding announcement in August 2021, Khatabook expressed the intention of enhancing FinServ on the platform by introducin...
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...
Infibeam Avenues subsidiary GoPayments to foray into neobankingInfibeam will leverage its technology and collaborate with non-banking financial companies (NBFCs) for setting up the GoPayments neobank, a...
Razorpay gets $160 mn funding, valuation trebles in less than 6 monthsRazorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. The company is also in the process...
NeoGrowth set to disburse loans within 24 hours to retailers with instant approvalThe company claims that the loan applications will be approved instantly without the need for any bank statement, any industry-first featur...
ICICI Bank to buy over 9% stake in fintech startup Thillais Analytical SolutionsICICI Bank is acquiring 10 equity shares and 100 compulsory convertible preference shares of Thillais Analytical Solutions, which operates ...
Why Indian startups need to change the way they bankIn this era of unicorns, soonicorns and IPOs, while it’s easier to get caught up in the stories of startup successes, startup failures are ...
Matrix leads first funding round in neo bank YeloFunding tap is open for a host of new ventures.
Synechron launches artificial intelligence based solutions for financial marketSynechron has built 14 reusable applications – Accelerators – that allow financial institutions to reduce time-to-market.