India

10 Major Wealthtech Players in India

The wealthtech sector in India has been experiencing robust growth, thanks to the growing digital adoption and increasing investor interest in the segment. The wealthtech sector in India has over 300 startups focusing on robo-advisory, personal finance management, online brokerages,

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Top 10 Buy Now Pay Later (BNPL) Players in India

The global pandemic brought about a fundamental shift in the way consumers interact with businesses. As lockdowns and movement restrictions were implemented, digital adoption soared at an accelerated speed. People started shopping online for almost everything from food and groceries

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Sequoia-Backed Pine Labs Raises US$ 600 Million Ahead of IPO Plans

Pine Labs, an Indian merchant commerce platform, announced that it has closed a US$ 600 million funding round ahead of its planned initial public offering (IPO) in March 2022. The round saw the entry of new investors Fidelity Management &

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Wise Launches Remittance Services in India, Expands Footprint With Mumbai Office

Wise, a London-based online money transfer service formerly known as TransferWise, announced the launch of its low-cost and fast international money transfers from India. With this launch, Indians will be able to send money from the country to 44 countries

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American Google Pay Users Can Now Transfer Money to Singapore Thanks to Wise

London-based fintech unicorn Wise has announced an integration to bring its platform to Google Pay users allowing the send money abroad within the app from today onwards. The initial launch will enable Google Pay users in the U.S. to send

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India’s Razorpay Triples its Valuation to $3 Billion as It Eyes South East Asia

Indian payments firm Razorpay announced that it has secured US$160 million during its Series E funding round which has tripled its valuation to US$ 3 billion. The funding round was co-led by GIC, Sequoia along with Ribbit Capital and Matrix

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Indian Fintechs Ride Digital Payment Wave to Expand to Lending, Wealth, Insurance

With approximately 200 million active users and 30 million merchants, Indian payment players are now riding the growth of digital payments to expand to other financial segments beyond their core offerings, including wealth management, insurance and lending, says a new

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India’s Open Banking Landscape Thrives on the Back of Digital Public Infrastructure

Pioneered by banking incumbents, India’s open banking ecosystem has grown to become part of the Indian financial landscape and is now among one of the most advanced in the world. The development of open banking in India has been facilitated

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Insurtech Gets a Boost in India Amid Rising Digital Adoption

Fundamental shifts in consumer preferences, favorable regulation, and rising interest from investors are stimulating the growth of insurtech in India. Results of a survey conducted by the Boston Consulting Group (BCG) and the Federation of Indian Chambers of Commerce and

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India’s Top 30 Blockchain Influencers

Over the last several years, blockchain has been gaining traction in India especially with the financial institutions undergoing massive digital transformations. According to Tracxn, a startups and private companies tracking platform, there are 218 blockchain startups in India as of

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