Union Finance Minister Nirmala Sitharaman has called upon India’s fintech industry to step up and innovate robust solutions to address the rising cases of “digital arrests” and cyber fraud. Her appeal comes at a crucial time, as India witnesses a surge in digital transactions—and, with it, a growing number of sophisticated cyber threats targeting consumers. […]
Category: FinTech
Salmon Raises $88M to Expand Fintech Operations in the Philippines.
Salmon, a fast-rising fintech startup, has announced a massive $88 million funding round to accelerate its mission of building inclusive financial services across the Philippines. The round includes both equity and debt financing, making it one of the most significant capital raises in the region’s fintech space this year. Building Financial Access for the Underserved […]
Saswat Finance Secures $2.6 Million in Funding Led by Ankur Capital.
In a boost to India’s growing fintech ecosystem, Saswat Finance, a digital lending platform focused on underserved communities, has raised $2.6 million in a funding round led by Ankur Capital, with participation from other strategic investors. The funding will help Saswat scale its lending operations, expand into new markets, and enhance its proprietary credit-scoring and […]
AI Workflow Start-up Farsight Raises $16M in Series A Funding.
In a significant boost for the future of AI-powered enterprise automation, Farsight, an emerging AI workflow start-up, has raised $16 million in Series A funding. The round was led by leading venture capital firms with participation from early backers and prominent angel investors, signaling strong confidence in Farsight’s mission to reshape how businesses operate with […]
Cred’s Valuation Slump Signals Caution for India’s Fintech Companies
Indian fintech unicorn Cred is reportedly facing a significant valuation correction, sending a strong signal to the broader fintech ecosystem in the country. Once hailed as one of the fastest-growing startups in India, Cred’s decline in valuation reflects changing investor sentiment, increased scrutiny on unit economics, and the need for a shift from growth-at-all-costs to […]
Fintech for Good: How M-Kopa is Unlocking Financial Inclusion Across Sub-Saharan Africa.
In a region where millions remain unbanked and access to credit is limited, M-Kopa is proving that fintech can be a powerful force for good. Founded in Kenya, M-Kopa is revolutionizing how people in sub-Saharan Africa access essential services by combining mobile technology, digital finance, and pay-as-you-go models to deliver life-changing products — all while […]
Profitable African Fintech PalmPay in Talks to Raise Up to $100M.
PalmPay, one of Africa’s fastest-growing fintech platforms, is reportedly in discussions to raise as much as $100 million in fresh funding. The news signals strong investor confidence in Africa’s digital payments sector, especially at a time when many tech firms globally are scaling back or struggling to turn a profit. Founded in 2019 and headquartered […]
Irish Fintech Nomupay Secures $40M Funding at $290M Valuation from SoftBank.
Nomupay, an emerging fintech player based in Dublin, has raised $40 million in a fresh funding round led by global investment giant SoftBank. This funding values the company at an impressive $290 million and marks a significant step forward in its mission to streamline payments across Europe and Southeast Asia. Aiming to Simplify Global Payments […]
TransferMate and Deutsche Bank Join Forces to Expand Local Payment Corridors.
In a significant move for cross-border payments, TransferMate, a leading global B2B payments infrastructure provider, has announced a strategic partnership with Deutsche Bank. This collaboration is set to enhance local payment capabilities for corporate and institutional clients, streamlining international transactions like never before. Breaking Down Barriers in Cross-Border Payments Traditionally, global payments have been plagued […]
AI Bookkeeping FinTech Uplinq Raises $10M to Revolutionize SMB Tax Management.
In a significant boost for small and medium-sized businesses (SMBs), Uplinq, an AI-driven bookkeeping and tax management platform, has secured $10 million in funding to transform how SMBs handle their finances. This fresh capital injection will fuel the company’s mission to simplify and automate tax processes through cutting-edge artificial intelligence. What is Uplinq? Uplinq is […]
