In a major milestone for India’s fintech sector, Pine Labs has officially filed for an Initial Public Offering (IPO) worth ₹2,600 crore, signaling its intent to go public and expand its footprint in the growing digital payments ecosystem. The move marks a significant moment for the Noida-based company, which has evolved from a point-of-sale (POS) […]
Category: FinTech
Xero to Acquire U.S. Fintech Melio for $2.5 Billion in Strategic Expansion.
In a bold move to strengthen its position in the global financial technology space, New Zealand-based accounting software giant Xero has announced its plan to acquire U.S. fintech startup Melio in a $2.5 billion deal. The acquisition marks one of Xero’s largest and most strategic investments to date, aimed at expanding its reach into the […]
Tipalti Acquires AI-Powered Treasury Automation Fintech Statement.
In a strategic move to bolster its financial operations platform, Tipalti has announced the acquisition of Statement, an AI-driven fintech startup specializing in treasury automation. The acquisition marks a significant step in Tipalti’s mission to offer end-to-end automation for modern finance teams, particularly in managing global payables and financial workflows. Strengthening Tipalti’s Capabilities Tipalti, already […]
Sitharaman Urges Fintechs to Tackle Digital Arrests and Cyber Frauds.
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. […]
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 […]
