India
Japan’s MUFG Bank to Invest US$300 Million in Middle- To Late-Stage Indian Startups
MUFG Bank announced that it plans to invest US$300 million in middle- to late-stage Indian startups through the new MUFG Ganesha Fund. In the future, MUFG said that it will aim to leverage its group strengths to provide a wide
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India’s RazorPay Sees 611% Growth In BNPL Business Last Year
Razorpay, one of India’s leading payment getaways, has released the 10th edition of its (COVID) Era of Rising Fintech, outlining the growth it witnessed during the past year. Among the most staggering figures shared in the report, the company said
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Here’s How India Will Start Regulating Crypto Related Ads Starting April
The Advertising Standards Council of India (ASCI) has released guidelines for the promotion of cryptocurrency and virtual assets related services, prohibiting advertisers to use certain words that may lure consumers into thinking that these services are regulated, and requiring them
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India’s Fintechs Are Ramping up on Acquisitions and International Expansions
2021 was a blockbuster year for global fintech funding, exits and unicorn minting, a trend that was also observed in the Indian fintech landscape where players raised a new record of US$6.9 billion, new data released by the Digital Fifth,
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Top 10 Most Well-Funded Fintechs in India
Globally the fintech scene was seeing record funding rounds in 2021, India being a global fintech powerhouse similarly experienced a stellar year of growth and funding. Startups in the space raised a record of US$6.9 billion, up 331% from the
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Top 10 Most Promising Indian Fintech Startups in 2022
With more than 2,100 fintech companies and one of the highest fintech adoption rates in the world, India is a global fintech powerhouse, a position it earned thanks to pioneering digital infrastructure initiatives, a dynamic venture capital (VC) landscape, and
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Top 30 Indian Fintech Influencers 2022
The Fintech Industry in India has seen significant traction in the past year. The Industry is driven by individuals who have contributed their knowledge and expertise to enrich the Fintech and Digital Finance Ecosystem. These individuals have taken pandemic as
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India’s Razorpay Valued at US$7.5 Billion With US$375 Million Series F
Indian payment gateway provider Razorpay has secured US$375 million during a Series F funding round, pushing its valuation to US$7.5 billion. This funding round was co-led by Lone Pine Capital, Alkeon Capital and TCV and also saw participation from existing
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Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low
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Virtual Card Payments Are Picking Up Pace, India To See Strong Growth
The global pandemic forced people, even the less tech-savvy ones, to shift from a physical world to a virtual one. Whether it was shopping or team meetings at work, almost overnight, they were shifted to digital mediums. While everyone hopes
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