upGrad launches schemes to make higher education accessible to Bharat
upGrad has tied up with the leading EMI financing platform ZestMoney, and fintech companies to offer working Indians an opportunity to earn diplomas and degrees.
Pine Labs invests in Malaysian fintech firm Fave
The investment is part of a broader tie-up between the two companies, Pine Labs in a statement.
Slice raises $6.07mn from Japan’s Gunosy Capital, others
Slice will use the funds to double its management team and explore banking partnerships to launch co-branded prepaid cards and credit cards.
Xtracap Fintech secures $1 million in angel funding round
The start-up said it raised funds from a clutch of US and UK based investors.
City of London eyes closer post-Brexit relations with India
The future trading relationship negotiations with the UK will be intricate and complex, says the Policy Chair of the City of London Corporation. Highlights: Global markets need global standards, making mutual access between the UK and EU financial services sectors crucial. Brexit will also determine the UK’s future trading relationships with its biggest partners such as India. The UK-India Joint Trade Review, an only one of its kind the UK has with any other country, will lay the framework for [...]
UPI – India’s innovation for the world
Rahul Chari is the Co-Founder and CTO of PhonePe, a leading Indian digital wallet company. In this interview, he gives an insight into the company’s plans...
Realising the UK-India tech opportunity
Despite the lack of clarity, Brexit could open several new avenues for the UK and India, especially in the tech sector. Highlights: Whilst Brexit doesn’t provide much certainty, it can unlock new opportunities for the UK and India to strengthen their tech ties. Recent reports show that investment both to and from UK and India has increased. To maintain the momentum, it’s important for both countries to continue to forge newer and stronger channels of collaboration. Governments and private sectors [...]
UK clicks in as India’s knowledge partner in tech
A new £40-million Fast-Track Start-up Fund set up as part of the UK-India Tech Partnership is one of many initiatives aimed at boosting London’s lead in attracting Indian technology companies with global ambitions. The trend is gradually also beginning to make a mark beyond the UK capital. Highlights: The UK-India tech partnership has seen many successful collaborations between the UK and Indian tech companies. Indian technology companies continue to consider London to expand their business and use it as a [...]
Diversifying to thrive: Unlocking the full potential of FinTech
Organisations need to move quickly and set high standards for diversity to enable Indian FinTech to grow, notes an industry expert. The global FinTech ecosystem is going from strength to strength. According to statistics from the KPMG ‘Pulse of FinTech’ report, investment crossed $100 billion globally in 2018. From London to New York, Mumbai to Singapore and Australia, new companies are emerging every day to provide innovative, disruptive tech solutions in the finance sector. During this period of global political [...]
London overtakes New York in fintech deals
Latest figures released in time for a major global financial services summit in London, Sibos 2019, revealed the British capital’s lead not only within Europe but also worldwide, with Indian projects at the forefront. Global Indian entrepreneur Rishi Khosla’s London-headquartered fintech start-up OakNorth leads the UK capital’s financial technology boom as it overtakes New York in the sector. Among fintech investment deals on a global level, London took the top spot in 2019, with a total of 114 deals, overtaking New York in second place (101). San Francisco is in [...]