FinTech | Page 6

The proposed digital currency would be denominated in pounds, with 10 pounds of digital currency always equal to a 10-pound note

The new funds raised will be used to penetrate deeper into rural India, in line with the uptick in personal mobility needs

Technology advancements in the digital services ecosystem, such as account aggregators and OCEN make MSME lending simple

The fintech movement is rapidly gaining ground, and in 2023 it is anticipated to further thrive in the banking and payments sectors

The platform will utilize the funding for its initial team building, product refinement, and early product experimentation

The report further added that shares of the company fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 3:00 p.m. IST

SNBL builds on the existing tendency of Indians to save for their purchases instead of using credit

The funds will be used to invest in high-calibre employees across all the company's operations and to accelerate the development of new products and technology

The RBI said it had received nine applications under the fourth cohort, of which six entities have been selected for the 'test phase'

In July 2022, the digital payments firm PhonePe had revealed its plan to shift its headquarters from Singapore to India

With 2022 behind us, the big question that now arises is: How will the year 2023 pan out for Web3, Crypto, Cybersecurity, and Rural Fintech?

The report also added that various options are being considered internationally in this context

Eduvanz is a digital Fintech NBFC helping learners discover and finance their learning and career goals with fast, convenient, and affordable no cost financing solutions

The fund raised will be used as growth capital to scale the core credit business, grow the team, and expand its product portfolio with services such as digital bank accounts, insurance, and wealth management solutions in order to solidify its leadership position

The Gurgaon-based SaveIN raised funds to facilitate its vision of accessible and affordable healthcare for the Indian masses

RBI governor emphasized that fintech initiatives and startups are the important segments of aspirational India

Kaleidofin offers simple, well designed, financial solutions on a tech platform to address the needs of over 600 million under-banked Indians engaged in the informal economy

In case you are doing cross-border business and accepting international payments, you must be aware of these rules

One of India's leading fintech platforms for personal loans raises funds through another round of investment

Solving the issues of medical expenses through embedded finance provides several healthcare options for consumers to choose from

The fund raised will be used to offer business loans to the excluded microenterprise sector to support their growth and enable their inclusion into the formal economy