Fintech in India News

India

Top 30 Open Banking Influencers for India 2022

India is seeing the rise of a thriving open banking ecosystem, a burgeoning landscape that has emerged on the back of governmental initiatives and infrastructure projects seeking to boost financial inclusion through digital technology. The India Stack digital infrastructure, which

Read More

MAS and India’s IFSCA Sign MoU for Supervisory Cooperation

India’s International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) has signed a Memorandum of Understanding (MOU) on supervisory cooperation in the presence of the Prime Minister of India Shri. Narendra Modi. The IFSCA is a

Read More

A Look at India’s Grand Vision to be a Global Payments Powerhouse

In June, The Reserve Bank of India (RBI) released its Payments Vision 2025, a document that outlines the central bank’s ambitions for the domestic payment ecosystem for the next three years, sharing aspirations for cross-border payment linkage, the development of

Read More

Partior Sets up Development Center in India, Makes Several Key Appointments

Partior, a blockchain technology provider for payments clearing and settlement, has set up its new Hyderabad Development Center in India and made several appointments to its leadership team. The Hyderabad Development Center is the first in the company’s line-up of

Read More

Sequoia Raises US$850 Million Fund Dedicated to Southeast Asia

Sequoia India and Sequoia Southeast Asia announced that they have collectively raised US$2.85 billion across a set of funds. This includes Sequoia’s India venture and growth funds as well as an US$850 million Southeast Asian fund, its first dedicated fund

Read More

India’s 16 Fintech Unicorns

Recently Kerala-based fintech startup Open Financial Technologies reached a US$1 billion valuation after closing a US$50 million Series D funding round. The round took Open Financial Technologies to unicorn status, joining India’s other 15 billion dollar fintech startups. Founded in

Read More

India’s Insurtech Scene Sees Record Breaking Year for Funding

2021 was a record-breaking year for India’s insurtech industry which saw equity funding volume more than double and two startup reaching unicorn status. Moving forward, the industry is set to grow even more, on the back of supportive initiatives and

Read More

Here Are The Top Trends Shaping India’s Payment Scene

India’s digital payments space has seen a massive boom over the past few years, a growth that’s been supported by an expanding e-commerce marketplace and the wider availability of acceptance infrastructure at physical stores. Building on the rise in digital

Read More

Indian Crypto Exchange CoinDCX Raises Over US$135 Million in Series D Fundraise

Temasek-backed Indian cryptocurrency exchange CoinDCX announced that it has raised over US$ 135 million in an oversubscribed Series D funding round. The round was led by Pantera and Steadview with strong participation from prominent investors like Kingsway, DraperDragon, Republic, and

Read More

Pine Labs Snaps up Majority Stake in Payment Solutions Firm Mosambee

Pine Labs, an Indian merchant commerce platform, announced that it has made a significant majority investment into Mosambee, a local and fast-growing end-to-end payment solution provider. This investment by Pine Labs will now value Mosambee at upwards of US$ 100

Read More