Microfinance Goes Bad in India
The microfinance movement began in south Asia when Muhammad Yunus started Grameen Bank in Bangladesh in the 1970’s. He was awarded a Nobel Prize for his efforts in helping bring women out of poverty in...
View ArticleP2P Lending and the Indian Market
[Editor’s Note: This is a guest post from Rajat Gandhi. Rajat is the Founder and CEO of India’s largest P2P platform, Faircent.] The thing about disruptive technology is that one does not know what to...
View ArticleAmazon and Their Push Into Fintech
Last week CB Insights released this really interesting report titled, Everything You Need To Know About What Amazon Is Doing in Financial Services. While Amazon has already made some moves in fintech...
View ArticleSmall Business Lender Kabbage Expanding to India
When we talk to domestic fintech companies and ask them about international expansion the response most often is that they see the opportunity so great here in the US that they are not looking to...
View ArticleMicrofinance Goes Bad in India
The microfinance movement began in south Asia when Muhammad Yunus started Grameen Bank in Bangladesh in the 1970’s. He was awarded a Nobel Prize for his efforts in helping bring women out of poverty in...
View ArticleP2P Lending and the Indian Market
[Editor’s Note: This is a guest post from Rajat Gandhi. Rajat is the Founder and CEO of India’s largest P2P platform, Faircent.] The thing about disruptive technology is that one does not know what to...
View ArticleAmazon and Their Push Into Fintech
Last week CB Insights released this really interesting report titled, Everything You Need To Know About What Amazon Is Doing in Financial Services. While Amazon has already made some moves in fintech...
View ArticleSmall Business Lender Kabbage Expanding to India
Last week we learned that Kabbage was expanding internationally to India; they have set up an office in Bengaluru and plan to have 125 employees by year end; the team there is currently operating as a...
View ArticleTransUnion Expands Innovation Lab to Canada and India
TransUnion’s innovation lab is entering its third year and is now planning to expand in Canada and India; participants get access to TransUnion’s data and their analytics team which includes 200 data...
View ArticleIndian Fintech Market Set to Take Off
The CEO of NITI Aayog, a policy think tank of the Indian government, said that the fintech market in India is likely to expand to $31 billion in 2020; he also noted that the Indian fintech ecosystem is...
View ArticleOpen Getting Traction as the Neo-Bank for Businesses in India
Open is based in Bangalore and is looking to replicate a strategy which has been successful in other regions; their offering includes many features of a traditional bank account alongside other tools...
View ArticlePayU Acquiring Indian Fintech Lender PaySense for $185 Million
PayU is a largest payments processor in India and it is continuing its moves into lending in that country with the acquisition of fintech lender PaySense for $185 million; PayU already has a lending...
View ArticleChina and India are Moving in Different Directions When it Comes to Fintech...
Last year the amount of global investment in Chinese fintech companies reduced dramatically to $4.9 billion, down from $34 billion in 2018 according to data from business intelligence firm Tracxn; in...
View ArticleHead of Marcus Could Be Leaving For Large Indian Bank
Harit Talwar, the head of Marcus since joining Goldman Sachs in 2015, is in the running for one of the top banking jobs in India; According to Bloomberg, HDFC Bank, India’s largest private sector...
View ArticleIndian Bank ICICI Hits One Million WhatsApp Banking Users
ICICI Bank, one of the “Big Four” banks of India introduced banking services on WhatsApp just three months ago; the idea was to enable its retail customers to do their banking from home via WhatsApp;...
View ArticleMore News for July 14, 2020
Afterpay comes to physical stores in the US How Retailers Are Cashing In On A US Coin Shortage Google to invest $10 billion to drive digitsation in India Investing in diverse early stage teams with...
View ArticleWebinar: India: The World’s ‘Fintech Lab’, April 14
Thursday, April 14, 7 a.m. ET What is this webinar about? Fintech’s growth can be seen no matter the region or country, that is especially true in India. The fintech market in India is one of the...
View ArticleSmall Business Lender Kabbage Expanding to India
When we talk to domestic fintech companies and ask them about international expansion the response most often is that they see the opportunity so great here in the US that they are not looking to...
View ArticleSmall Business Lender Kabbage Expanding to India
When we talk to domestic fintech companies and ask them about international expansion the response most often is that they see the opportunity so great here in the US that they are not looking to...
View ArticleIndian Platform Capital Float Raises $45mn
The Series C round was led by Ribbit Capital; SAIF Partners, Sequoia India and Creation Investments Capital Management also participated; the company plans to expand lending, invest in...
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