Several Indian business leaders spoke out against what they believe is their government’s overly cautious approach to cryptocurrency regulation. They made the comments during the Mumbai Micro Experience of Fintech Festival India 2021-22. Mrutyunjay Mahapatra, a member of the Governing Council of RBI (Reserve Bank
Uni, an Indian startup that offers users pay-later cards, has raised $70 million in a financing round as it looks to broaden its product offerings in the South Asian market. General Catalyst led the one-year-old startup’s Series A funding. Eight Roads Ventures, Elevation Capital, Arbor Ventures as well as existing investors Lightspeed and Accel participated...
Indian neo-bank Open has acquired consumer neo-banking platform Finin to enhance its cloud-native enterprise banking and embedded finance capabilities.
Captain Fresh, a farm-to-retail platform for animal protein, has more than doubled its valuation to $500 million in three months as the Indian startup deepens its footprints.
Groww has tripled its valuation to $3 billion in just six months as the Indian fintech startup looks to broaden its offerings and help more millennials start their investment journey in the world’s second largest internet market. Iconiq Growth led the Bangalore-based startup’s $251 million Series E financing round. Alkeon, Lone Pine Capital and Steadfast...
Indian fintech Slice, which offers a credit card challenging product, has joined the unicorn club with fresh funds from Tiger Global, Insight Partners and others.
ING Bank has come to a 5 year agreement with R3 that will allow the bank to have an unlimited...
The Dutch bank is linking their small business customers to the marketplace lender Funding Options; the news also means that...
The new client house branch will allow retail, business and private banking customers to enjoy coffee and receive personal service; “A client house to me should feel like home,” comments Erik Van Den Eynden, CEO of ING Belgium, to Banking Technology; the branch has all the banks’ typical functions and meeting rooms complete with screens for video conferencing; the company will attempt to open about 15 by end of 2020. Source.
P2P-Banking reports that the bank ING Diba has acquired the marketplace lender Lendico; the company had challenges in Germany where it is based and also had shifted from consumer to SME Lending. Source