fintech startup

Fintech startup LeRemitt on Friday announced that it has raised $1.25 million in a funding round led by early-stage investor Axilor Ventures.The round also saw participation from Capital A along with other founders and angel investors.The…

U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.During the COVID-19 pandemic, many fintechs…

India’s digital payments story is increasingly swinging towards credit. While the country was historically a debit card-using nation, recent data from the Reserve Bank of India shows that credit card transactions have gone up…

Digital payments major PhonePe has received another fresh infusion of $100 million from existing backer General Atlantic and its affiliate funds as part of its $1 billion primary funding, according to two people aware of the matter. The new…

Credit Fair, a consumer lending fintech startup, has appointed Vikas Agarwal as its cofounder and chief business officer (CBO). In this new role, he will lead Supply of Capital initiatives including partnerships with Co-lending and…

Online payments service provider Cashfree has laid off 100-150 employees as it looks to reduce costs and cash burn, multiple people aware of the development told ETtech. During the week, the Bangalore-based fintech startup, which is backed…

Credit-based fintech startup KreditBee has raised $120 million in fresh capital as part of its latest tranche of funding round taking the total round size to $200 million. US-based private equity giant Advent International has invested $100…

Uni, a fintech startup offering buy-now-pay-later solutions, has temporarily stopped servicing its existing card users bringing its card offering to a screeching halt. This comes after the company had paused issuing new cards in June, after…

Bengaluru: Financial services provider, Kaleidofin, on Tuesday said that it has closed its latest round of funding at $15 million led by the Michael and Susan Dell Foundation. It had announced raising $10 million as the first close of the…

Bengaluru: Fintech startup Tortoise has raised $2.3 million in a seed funding round led by Vertex Ventures, a wholly-owned subsidiary of Temasek Holdings. This is Tortoise's second round of funding in the last 12 months. The startup has…