September 25th, 2021Business loans are an advance on your business’s future sales. You’ll have to pay back that advance at a specified percentage of your daily future revenue along with origination fees.
July 20th, 2021Square launches square banking consists of three core products designed to help small business owners confidently manage cash flow stress.
July 27th, 2018Digital money lending startup, Aye Finance has raised USD 10 million in debt funding from Triple Jump BV and MicroVest Funds, through the issuance of non-convertible debentures. This is the 10th financing round for Aye Finance in the year 2018, the company informed in a statement. Since January, it has cumulatively raised ₹255 crore of...
July 9th, 2018IndiaLends, a New-Delhi based digital lending and borrowing marketplace has raised $10 million (about Rs 69 crore) in a Series B funding round. The funding round was led by ACPI Investment Managers (London-based asset management firm) and Ganesh Ventures (India-focused venture capital firm).
The latest funding round also saw the...
January 22nd, 2018The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed today, presenting a worrying picture of rising income inequality.
Besides, 67 crore Indians comprising the population's poorest half saw their wealth rise by just 1 per cent, as per the survey released by the...
January 10th, 2018India's leading online paymen service Paytm set up ‘Paytm Money Limited’ to build Investment & Wealth Management products for users. The product will be launch in the first quarter of 2018 after regulatory approvals.
During the launch, Paytm CEO & Founder, Vijay Shekhar Sharma said, “We started as a payments platform and...
January 8th, 2018NEW DELHI: Paytm Payments Bank on Saturday said it has partnered Induslnd Bank to introduce a facility to create a fixed deposit when the customer balance exceeds Rs 1 lakh at the end of day.
Paytm Payments Bank customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can...
June 3rd, 2017The total valuation of late-stage, venture-backed private companies in the UnitedStates and Europe has exploded from a few dozen startups worth acollective $40 billion in 2010 to hundreds of firms thattogether are now worth almost $500 billion, according to a report released Thursday.
The numbers show the magnitude of the recent trend...
