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NEOBANKING PLATFORM FI
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...
- Fintech startup Fi pivots to focus on B2B tech services, plans layoffsIn a LinkedIn post, cofounder Sujith Narayanan said the company's senior leadership went through a period of "honest reflection" to mobilis...
- Fintech founders join hands to form new industry body, aim to become fintech SROFounders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO li...
- Neobank Zolve to expand to the UK, Australia and CanadaDelaware and Bengaluru-based startup Zolve provides bank accounts and credit cards to Indians looking to settle in the US.
- 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...
- Neobank Fi lays off 10% of workforce; lags behind on fiscal revenue targetThe layoffs have been undertaken to increase its cash runway from almost one and a half years currently to two years and are expected to im...
- Fintechs meet finance ministry officials to flag 20% levy on remittances under LRSTop brass of new-age stock investing platforms detail impact of levy on retail investors and business.
- 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...
- At Day 1 of ET Future of Money Summit, policymakers and leaders to discuss financial inclusion, CBDCs, gender and finance, and moreOn the first day of ET Future of Money Summit, top leaders and experts will focus on the theme of financial inclusion, women and money, fin...
- 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...
- 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...
- 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...
- Profits over livesIn today's ETtech Morning Dispatch: CERT-In issues advisory over Facebook data leak; Big Basket and Grofers witness surge in demand for onl...
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