Tag: India

MoneyTap said to close $9m in round led by Sequoia Capital

Digital lending startup MoneyTap has reportedly closed a $9m investment from Sequoia Capital.

Catalyst Fund adds six FinTechs to cohort after funding push

Catalyst Fund has received a new £12m commitment from UK aid and J.P. Morgan to help it bring financial inclusion for underserved people around the world.

Digit Insurance said to raise $84m from growth investors

Online insurance platform Digit Insurance has reportedly bagged $84m in an investment round from growth investors.

Lending startup Klub said to raise pre-seed funding whilst in sealth...

Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.

Neobank EpiFi raises funds ahead of its launch

EpiFi, an Indian neobank, has reportedly raised $13.2m in its seed funding round as it gears up for the launch of its platform.

Fusion Microfinance said to raise $70.6m in funding round

Fusion Microfinance, an India-based micro lending platform, has reportedly raised INR 500 Crore ($70.6m) in its latest funding round.

PayU buys controlling stake in FinTech PaySense at a $185m valuation

Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...

New e-KYC guidelines published by Indian regulator to help illiterate people...

People who cannot read have been given more opportunities to open new bank accounts in India thanks to new electronic know your customer (e-KYC) guidelines.

India-based IDfy said to raise $2.1m in its new funding round

Digital KYC solution IDfy has reportedly raised around $2.1m in funding to support its growth and expansion plans.

Toffee Insurance said to close $5.5m Series A round

Toffee Insurance, an Indian InsurTech startup, has reportedly closed a Series A round on $5.5m to support the creation of new products.

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