Tag: India
Indian bitcoin wallet Zebpay looks to raise $5m in funding
According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. Read more: www.cryptocoinsnews.com
FlexiLoans takes $15m for SMEs loans
Indian online lending platform FlexiLoans has raised $15m in a new round of funding from angel investors. Read more: www.fintechroundup.com
Indian bitcoin start Unocoin secures $1.5m
Unocoin has grabbed a $1.5m funding round for its bitcoin platform. It will use the capital for product developments and to expand the business and team. Read more: www.fintechroundup.co
Startupbootcamp FinTech arrives in Mumbai
The Startupbootcamp accelerator network is widening its fintech programme, opening an outpost in Mumbai as it seeks out Indian startups. Read more: www.finextra.com
Global smart card market continues to grow
The smart card industry continues to grow as more and more consumers embrace it. Read more: www.pymnts.com
Private equity firm hands $105m to Indian lender Hero FinCorp
Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse. Read more: www.fintechroundup.com
Flipkart launches digital wallet PhonePe
India’s biggest e-commerce company, Flipkart is finally launching its own digital wallet PhonePe. Read more: www.techinasia.com
Finvasia takes funding for investment portal
Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment values the company at Rs150 crore ($22m). Read more: www.fintechroundup.com
LoanTap grabs $3m to lend to professionals
LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.
RBI to regulate peer-to-peer lending
The RBI has proposed that peer-to-peer lending platforms would be regulated as a separate category of NBFCs. Read more: www.thehindubusinessline.com