May 16th, 2018The Goldman Sachs Backed startup Circle has announced a new cryptocurrency pegged to the dollar and a $110 million investment round led by profitable crypto-mining company Bitmain on Tuesday.
The company is rolling out a digital version of the U.S dollar with a cryptocurrency pegged to it.
Interestingly, Circle is one of the most...
February 19th, 2018Aye Finance, a Fintech company providing loan to micro, small and medium enterprises has raised $3.8 Mn (INR 25 Cr) from three investors including including Hinduja Leyland Finance and IntelleGrow. The investment took place through a securitisation deal, facilitated by Vivriti Capital.
Aye Finance, which was founded by bankers...
August 24th, 2017Incorporated in the Kingdom of Saudi Arabia with head operations in the Kingdom of Bahrain, leading payment processor PayTabs raised a $20 million investment to support its products and global expansion.
The expansion plan extends to 20+ markets in the next two years. The investment will support PayTabs' expansion in the MENA region,...
July 20th, 2017Indian FinTech is one of top five markets by value of capital funding and investments in the sector with nearly USD 270 million of funding in 2016, according to a recent report.
The report also noted that in medium-term fintech players will consolidate their position in urban and metro centres and will extend to rural and semi-urban...
June 19th, 2017Fincash.com, a startup in the personal finance space in India has raised a round of funding from a number of industry stalwarts and HNI investors. Fincash.com focuses on the money market space in India for retail investors and seeks to get customers onboard with its solutions that it provides to potential investors.
“Today, the folios...
