fintech
Finance
Inditrade bulks up financial products distribution with acquisition of VC investor arm
Brokerage firm Inditrade Capital Ltd has acquired a subsidiary of a Singapore-based venture capital fund to boost its third-party distribution ......
TMT
Indifi's Alok Mittal on how the pandemic may impact fintech lenders
The coronavirus pandemic and the nationwide lockdown have crippled business activities. This will impact banks, non-bank lenders and fintech firms, ......
TMT
Digital lenders braced to weather coronavirus but loan aggregators in peril
Digital lenders’ revenues are better positioned than those of loan aggregators amid the coronavirus crisis at least in the short ......
TMT
Mobile wallet ZipCash secures Series A funding
Mobile wallet firm ZipCash has raised its Series A round of funding from a mix of domestic and foreign investors, ......
Finance
How aligned are VCs and startups in their 2020 outlook?
Startup founders and venture capital firms have largely similar outlook for 2020, but there is some variance on how they ......
TMT
Sequoia Capital leads funding in another fintech startup
Venture capital firm Sequoia Capital has placed another bet on a financial technology startup after backing companies such as Mobikwik ......
TMT
Micro loan-focussed fintech startup mPokket raises fresh funding
Maybright Ventures Pvt. Ltd, which operates micro loan-focussed financial technology startup mPokket, has raised funding from a clutch of investors, ......
People
DIFC's Al Awadhi on deploying fintech fund, backing Indian startups and more
Dubai International Financial Centre (DIFC) is a state-owned free zone with its own judicial system that hosts international banks, insurance ......
TMT
Commercial vehicle financing startup Loanzen in advanced talks to raise funding
Loanzen, which lends to small entrepreneurs in the transport segment, is in advanced talks to raise funding, a person in ......
Finance
Company watch: CDC-backed Indifi's revenue jumps; soaring write-offs raise concern
Digital lender Indifi Technologies Pvt. Ltd’s revenue for the year through March 2019 climbed nearly four-fold and its loss expanded ......