Neobank
Finance
Neobanking startup StashFin raises $270 mn; valuation tops $700 mn
Neobanking startup StashFin has raised $270 million (around Rs 2,079 crore) in a mixture of debt and equity in a ......
Finance
IIFL Finance, Open Financial JV to launch neobank for MSMEs
Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......
Finance
Ola to buy fintech firm Avail Finance to strengthen financial services biz
SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking platform Avail ......
Finance
How partial exit from Open has helped Unicorn India Ventures return entire first fund
When Unicorn India Ventures came in as the first institutional investor in Open Financial Technologies Pvt Ltd in 2017, neobank was a nascent ......
Finance
Fintech services launch neobanks to offer credit, other banking solutions
India’s new-age financial technology services companies are increasingly launching neobanking platforms to offer credit and other banking solutions to customers ......
TMT
Teenager fintech startup Fyp acquires edtech startup Edunify
Fyp, a neobank for teenagers, has acquired edtech startup Edunify as part of its expansion plans. With this acquisition, the ......
Finance
Neobank Novo to increase workforce by 200 in India after $90 mn fundraise
US-based neobanking platform Novo, owned and operated by Novo Platform Inc, will be hiring more than 200 people in India ......
TMT
Youth-focused neobank Muvin bags $3 mn in a round led by WaterBridge Ventures
Youth-focused neobank Muvin has raised $3 million (around Rs 22.5 crore) as a part of its pre-Series A funding round ......
Finance
Silicon Valley investor Y Combinator backs fintech startup SaveIN
Silicon Valley technology investor Y Combinator has invested an undisclosed sum in credit-focused fintech startup SaveIN as part of its ......
Finance
B Capital, Falcon Edge invest $50 mn in Fi
Fi, a Bengaluru-based neobank, has raised $50 million in its Series B funding round at a valuation of $315 million ......
