September 4th, 2018The subsidiary of investment bank Ambit Group called Ambit Finvest has reportedly acquired Finmax Credit & Finance, a unit of fintech firm Finmax that finances small and medium enterprises.
The details regarding the finances has not been disclosed yet. This acquisition is expected to give a significant direction and goal to...
July 14th, 2017Private sector Yes Bank has received another round of USD 150 million funding from US government and Wells Fargo to fund SME lending.
This is the third round of funding as part of arrangement between the Overseas Private Investment Corporation (OPIC) US government development finance institution and Wells Fargo, with the objective to...