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South Korea Arrests 215 On Suspicion Of $228 Million Crypto Scam
South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.
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Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
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Reddit, Jack Dorsey’s Block Reveal Crypto Investment Details as Tech Firms Begin Experimenting With Web3
Social networking platform Reddit and Jack Dorsey’s fintech firm Block are two names that have recently disclosed information related to their BTC holdings and investments, which yielded profits for both.
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"No Limit To What We Can Do": Envoy To NDTV On India-UAE Ties
Prime Minister Narendra Modi today embarked on a two-day visit to the United Arab Emirates (UAE) with a focus on boosting cooperation in various sectors, including energy, ports, fintech, digital infrastructure, railways, and investment flows.
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Paytm Investing to Build Artificial General Intelligence Software Stack: CEO Vijay Shekhar Sharma
Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business. India can expect 500 million payment consumers and 100 million ...
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Google to Set Up Its Global Fintech Operation Centre in Gujarat
Google is also investing $10 billion (roughly Rs. 81,980 crore) in the India digitisation fund, said CEO Sundar Pichai.
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Google To Set Up Its Global Fintech Operations Centre In Gujarat
Internet giant Google will set up its global fintech operation centre at GIFT City in Gujarat, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech.
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Amazon to Invest Additional $15 Billion in India, Says CEO Andy Jassy
Amazon.com Inc will invest an additional $15 billion (roughly Rs. 12,297 crore) in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant's total India investment across all businesses to $26 billion (roughly Rs. 21,314 crore) by 2030, he said.
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PhonePe Raises Additional $100 Million Investment From General Atlantic During Ongoing Funding Round
Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.
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PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise
PhonePe on Wednesday said it had raised an additional $100 million ((roughly Rs. 820 crores)) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraise to expand into the lucrative lending space. General Atlantic had invested $350 million (roughly Rs. 287 crores) in the fintech during the same...
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Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
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Samsung Asset Management to Begin Listing Bitcoin Futures ETF via Hong Kong Stock Exchange Market
Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...
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CoinShares Acquires Napolean Asset Management as Part of European Union Expansion
CoinShares has officially purchased French fintech firm — Napolean Asset Management — for an undisclosed amount. The completion of this acquisition comes after France’s top financial regulator, the Autorité des Marchés Financiers, granted all necessary approvals. CoinShares will now provide services around Exchange-Traded Products (ETPs) an...
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India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
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India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
-
South Korea Arrests 215 On Suspicion Of $228 Million Crypto Scam
South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.
-
Policy Measures Taken To Boost Social Impact Of FinTech In India: PM Modi
Prime Minister Narendra Modi on Friday said the government is taking various measures at the policy level to promote the fintech sector, which attracted over USD 31 billion in investments in the last 10 years, and the abolition of the Angel Tax is al
-
Reddit, Jack Dorsey’s Block Reveal Crypto Investment Details as Tech Firms Begin Experimenting With Web3
Social networking platform Reddit and Jack Dorsey’s fintech firm Block are two names that have recently disclosed information related to their BTC holdings and investments, which yielded profits for both.
-
"No Limit To What We Can Do": Envoy To NDTV On India-UAE Ties
Prime Minister Narendra Modi today embarked on a two-day visit to the United Arab Emirates (UAE) with a focus on boosting cooperation in various sectors, including energy, ports, fintech, digital infrastructure, railways, and investment flows.
-
Paytm Investing to Build Artificial General Intelligence Software Stack: CEO Vijay Shekhar Sharma
Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business. India can expect 500 million payment consumers and 100 million ...
-
Google to Set Up Its Global Fintech Operation Centre in Gujarat
Google is also investing $10 billion (roughly Rs. 81,980 crore) in the India digitisation fund, said CEO Sundar Pichai.
-
Google To Set Up Its Global Fintech Operations Centre In Gujarat
Internet giant Google will set up its global fintech operation centre at GIFT City in Gujarat, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech.
-
Amazon to Invest Additional $15 Billion in India, Says CEO Andy Jassy
Amazon.com Inc will invest an additional $15 billion (roughly Rs. 12,297 crore) in India, the company's Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant's total India investment across all businesses to $26 billion (roughly Rs. 21,314 crore) by 2030, he said.
-
PhonePe Raises Additional $100 Million Investment From General Atlantic During Ongoing Funding Round
Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.
-
PhonePe Raises $100 Million From General Atlantic, Investors During Ongoing Fundraise
PhonePe on Wednesday said it had raised an additional $100 million ((roughly Rs. 820 crores)) from General Atlantic and other investors as part of its ongoing $1 billion (roughly Rs. 82,063 crores) fundraise to expand into the lucrative lending space. General Atlantic had invested $350 million (roughly Rs. 287 crores) in the fintech during the same...
-
Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
-
Samsung Asset Management to Begin Listing Bitcoin Futures ETF via Hong Kong Stock Exchange Market
Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...
-
CoinShares Acquires Napolean Asset Management as Part of European Union Expansion
CoinShares has officially purchased French fintech firm — Napolean Asset Management — for an undisclosed amount. The completion of this acquisition comes after France’s top financial regulator, the Autorité des Marchés Financiers, granted all necessary approvals. CoinShares will now provide services around Exchange-Traded Products (ETPs) an...
-
India's Year of the Unicorn: Startups in Spotlight of 2021 Tech Boom
Overseas funds put more than $35 billion (roughly Rs. 2,60,020 crore) into Indian startups in 2021 — a tripling from 2020 — buying into everything from fintech and health to gaming.
-
India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
