Fintech
Stay updated with the latest fintech news, analysis, and trends
Mythos AI: Cybersecurity Threat to Global Banking?
Anthropic’s Mythos AI raises cybersecurity concerns in global banking. Experts fear faster, larger cyberattacks on financial systems. Banks strategize defenses.
Indian Startup VC Funding Remains Below $100 Million
Venture capital funding into Indian startups remains below $100 million for the second time this month, primarily due to the absence of large value deals.
Health Insurance Claims & CSR in India: A Guide
Navigate health insurance in India: Understand claim rejections, the Claim Settlement Ratio (CSR), and choose the best insurer for financial security.
AI Revolutionizes Credit Underwriting Beyond Scores
AI transforms credit underwriting using behavior-based predictions, analyzing cash flow and alternative data to expand access for underserved borrowers.
Banzai Casino: Your Ultimate Guide to Online Gaming
Explore Banzai Casino: registration, bonuses, games, secure payments, and more. Your comprehensive guide to France’s favorite online casino in 2024.
AI Startup ‘M’ by Dunzo’s Biswas Raises $11M
Kabeer Biswas (ex-Dunzo) secures $11M for ‘M’, an AI startup automating home management. Backed by Peak XV, Blume, and CRED. Learn more about this innovative venture!
Pay Point India Joins RBI Payment System
Pay Point India is the first fintech to join RBI’s Centralised Payment System, gaining direct access to RTGS & NEFT, boosting efficiency & cutting costs.
M2P Fintech Names Vivek Seshadri as CFO
M2P Fintech appoints Vivek Seshadri, ex-Hitachi exec, as Group CFO. Seshadri’s 15+ years experience will guide M2P’s growth and potential public debut.
M2P Fintech Appoints Vivek Seshadri as Group CFO
M2P Fintech, a Chennai-based fintech startup, has appointed Vivek Seshadri, former CFO of Hitachi Payments, as its new Group CFO to oversee finance, investor relations, and M&A initiatives.
Groww’s Diversification Drives Revenue Surge
Groww’s diversification into new financial verticals boosts revenue and reduces reliance on core products. Profit soars 122% YOY. Read the full analysis.
US Leads AI Investment; India Faces Capital Flight
US dominates global AI investment, attracting significant capital. India sees foreign investors withdraw funds amid concerns over AI-driven growth.
NudgeBee Secures Funding; Startups Reimagine Breast Cancer Treatment
AI cloud operations platform NudgeBee has raised $3 million in seed funding. Indian startups are innovating in breast cancer care, addressing gaps in screening, diagnosis, and treatment.
NudgeBee Raises $3M for AI Cloud Automation
NudgeBee secures $3M in seed funding led by Kalaari Capital to advance its AI-driven cloud automation platform for enterprise cloud operations.
Razorpay Plans $600M-$700M IPO Filing at Lower Valuation
Razorpay is reportedly preparing to confidentially file its DRHP to raise $600-$700 million at a $5-$6 billion valuation, a decrease from its previous $7.5 billion valuation.
Kiwi Cofounder Mohit Bedi Steps Down, Transitions to Advisory Role
Mohit Bedi, cofounder and CBO of fintech startup Kiwi, has stepped down from his executive position, citing personal reasons, and will transition to an advisory role.
RBI Mandates Weekly Credit Data: Faster CIBIL Updates
RBI mandates weekly credit data reporting, enabling faster CIBIL score updates, quicker loan approvals, and rapid default detection. Stay informed!
DPDP Compliance Race; Flipkart’s $2.5B Pre-IPO
Startups target the ₹10,000 Cr DPDP compliance market. Flipkart considers a $2.5B pre-IPO round. Agnikul Cosmos makes strides in spacetech. Read more!
QAI Ventures to Invest in Indian Quantum AI Startups
QAI Ventures eyes Indian quantum AI startups for investment, leveraging India’s talent and the National Quantum Mission. Expansion in Asia.
VR Global Media Launches $250M Entertainment Fund
VR Global Media announces a $250M capital program to build a global entertainment platform, starting with a $120M fund for film, sports, and media-tech.
AYUSH Treatment Coverage: Your Insurance Guide
Does your health insurance cover AYUSH treatments in India? Understand Ayurveda, Yoga, and Homeopathy coverage options and IRDAI guidelines. Check your policy!
Cashfree Payments Names Sameer Gandhi as CFO
Cashfree Payments appoints ex-Visa finance head Sameer Gandhi as CFO to boost financial strategy and efficiency. Aiming for growth and profitability.
Prudential Appoints CEO for India Health Insurance Venture
Prudential Plc names Amit Dave CEO & Abhishek Saraf COO for its India health insurance JV with HCL Group. A 70:30 partnership nearing final approval.
₹12 Cr Stock Scam: Expert Warns on Rising Fraud
A ₹12 Cr stock scam reveals rising cyber fraud. Supreme Court AOR warns of sophisticated financial traps. Stay informed to protect your investments.
India Regulators Tackle Insurance Surety Bond Data Gaps
Indian regulators address reporting gaps in insurance surety bonds and private credit to strengthen financial systems, responding to lender concerns.
KreditBee Joins Unicorn Club After $280M Funding
KreditBee becomes a unicorn with $280M Series E funding, valuing it at $1.5B. Despite a funding slowdown, the round was oversubscribed, showing investor confidence.
Kalshi Case Halted: CFTC Intervention in Arizona
CFTC halts Arizona’s criminal case against Kalshi with a temporary restraining order. Legal battle over the financial exchange platform continues. Stay updated!
Astranova Mobility Raises Rs 60 Cr in Series A Funding
Astranova Mobility secures Rs 60 Cr in Series A funding led by IvyCap Ventures to enhance its EV financing and AI capabilities. Read more about this investment.
Dark Patterns Inflate Insurance Premiums: Buyer Beware
Beware of dark patterns inflating insurance premiums! Pre-ticked add-ons & hidden renewals can cost you more. Irdai urges insurers to eliminate these deceptive tactics.
IRDAI Boosts Health Insurance Ecosystem in India
IRDAI forms a sub-committee to strengthen India’s health insurance by improving coverage, claims, and consumer experience. Learn about the changes.
KreditBee Raises $280M, Valuation Hits $1.5B
KreditBee, a Bengaluru fintech startup, secures $280M in Series E funding, achieving unicorn status with a $1.5B valuation. Funds to expand lending and AI.