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Febi.ai gets funding from Lumis Partners, angel investors

TMT

18 October, 2024

Febi.ai gets funding from Lumis Partners, angel investors

Febi.ai, a tech startup that automates accounting and tax compliance processes, said Friday it has raised $2 million (Rs 16.8 ......

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Finance

01 November, 2022

Blackstone-backed Fino Payments Bank's PAT up 75% in Q2

Mumbai-based Fino Payments Bank witnessed a rise of 74.7% in its net profit for the quarter-ended September (Q2FY23), to Rs ......

Fino Payments Bank to buy minority stake in New Delhi-based fintech Paysprint

Finance

12 April, 2022

Fino Payments Bank to buy minority stake in New Delhi-based fintech Paysprint

Fino Payments Bank Ltd, on Tuesday said it has approved a minority strategic investment in the fintech startup Paysprint Private ......

Market-bound Fino Payments Bank raises Rs 539 cr through anchor issue

Finance

29 October, 2021

Market-bound Fino Payments Bank raises Rs 539 cr through anchor issue

Market-bound Fino Payments Bank on Thursday raised Rs 538.78 crore from 29 anchor investors.  It issued an aggregate of 93,37,641 common ......

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Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

Finance

10 October, 2021

Blackstone may get 5x return on IPO-bound Fino Payments Bank investment

US private equity major Blackstone Group is likely to make an over five times return on its investment in Fino ......

Market regulator okays IPOs of Fino Payments Bank, Popular Vehicles

Finance

05 October, 2021

Market regulator okays IPOs of Fino Payments Bank, Popular Vehicles

The Securities and Exchange Board of India (Sebi) has approved the initial public offerings (IPOs) of Fino Payments Bank Ltd ......

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

TMT

02 August, 2021

Blackstone, IFC backed Fino Payments Bank files draft papers for IPO

Blackstone Group and World Bank arm International Finance Corporation (IFC) backed Fino Payments Bank has filed draft papers with the ......

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Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Finance

26 May, 2020

Fino Payments Bank CEO on why the sector is seen as crisis-proof in the pandemic

Fino Payments Bank Ltd has turned profitable at the operating level for 2019-20, within three years of starting operations.  Its growth ......