FinTech | Page 8

PhonePe was valued at $5.5 billion with its latest fundraise of $700 million and the e-commerce firm, Flipkart, continues to remain its biggest shareholder

The partnership makes FINN one of the largest agencies in health innovation and increases SPAG's global service capabilities and offerings for clients

The products will enable Indian fintech companies to offer the purchase of shares, exchange-traded funds units and other assets listed on foreign exchanges via UPI or net banking as a feature to Indian investors

The fund raised will be utilized to strengthen the technology stack, team expansion and for go-to-market

The fundraise will help the company to invest in new technologies and come up with new offerings

The finance minister said that any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards

The fund raised will be used to enhance tech and data-driven solutions for strengthening and revolutionizing the fresh produce supply chain which connects farmers and consumers

Fintech has fast emerged as the solution to the challenges in front of achieving financial inclusiveness in the country

As per reports, in November 2021, a lot of Indian entrepreneurs shifted to Dubai and registered their businesses there, because of the high taxes and rigid rules for the cryptocurrency platforms

The hackathon is organized to recognize the blockchain-based solutions for the everyday problems facing by the citizens across the country

The fund raised will be utilized for business expansion and extending 5ire's footprint

The company claims that it currently manages $18 billion across the Lightspeed platform, with investment professionals and advisors in the US, China, Europe, India, Israel and Southeast Asia

The fund raised will be utilized for completing the company's platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework

The fund raised will be utilized for scaling up by adding more asset classes, expansion of tech team, entering new markets, increasing investor base and so on

The introduction of fintech companies and their customer-centric offerings have entirely revolutionized India's banking and financial services ecosystem

The firm aims to invest the fund raised in technology-driven startups across edtech, healthtech, agritech, biotech and consumer business, among others

The Google for startup initiative aims to reach out to a minimum 10,000 startups with this program

With this acquisition, Clear's enterprise customers will have access to comprehensive compliance risk management software that eliminates many procedural non-compliance under the Companies Act, 2013

The fund raised will used to expand the team in engineering, business development and enhance its product offerings

The company claims that it aims to scale up the operations across India to serve more than 5,00,000 crypto investors by Q2, 2022

Fintech companies lending in markets where adequate credit history, banking records, and tax-filing records, etc., are not available, especially rely on such alternative lending scores for their underwriting