Browsing: bank
fintech company based in London Monzo raised a late-stage funding round of $430m (£340m), confirming a report from the Financial Times a few weeks ago. Following…
Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, stepped down from the troubled unit’s board days after India’s regulator signaled the go-ahead for…
Nigerian digital bank FairMoney is in talks to buy Umba in a deal worth a total of $20m, sources say
By techtost.com
FairMoneya Lagos-based, Paris-based digital bank, is in acquisition talks Oopsa credit digital bank that provides payroll and financial services to customers in Nigeria and Kenya, in…
Finea European competitive bank targeting SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity financing round. Founded from the Netherlands in…
India’s central bank said on Thursday it takes supervisory action and imposes business restrictions only after “persistent non-compliance” with rules, its first comment since last week’s…
The Reserve Bank of India (RBI) has widened its restrictions on Paytm’s Payments Bank, which processes transactions for financial services giant Paytm, preventing it from offering…
Shares in Paytm fell another 20% on Friday before hitting a lower circuit that temporarily halts trading as the Indian financial services firm reeled from a…
Paytm on Thursday said it will stop working with affiliate Paytm Payments Bank and accelerate plans to work with other banks after India’s central bank barred…
The Reserve Bank of India is discussing more sanctions on Paytm Payments Bank and may reach a decision within days, two sources familiar with the matter…
While working on fintech lending platform Stilt, Jessica Zhang and Alex Hegevall Clarke saw how expensive and time-consuming it was for the credit industry to equip…