Fintech Investment

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.

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 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 is also investing $10 billion (roughly Rs. 81,980 crore) in the India digitisation fund, said CEO Sundar Pichai.

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.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.

Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.

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...

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 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 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...

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.

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.

With this partnership, the CME Group will transform all of its services and processes on Google Cloud servers, which will consume lesser capital and will ensure space availability for all the data.

British digital bank Zopa has raised $300 million from investors including Japan's SoftBank Group, it said on Tuesday, as the lender looks to expand its business ahead of a possible listing as soon as next year.

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.

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 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 is also investing $10 billion (roughly Rs. 81,980 crore) in the India digitisation fund, said CEO Sundar Pichai.

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.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.

Decacorn fintech firm PhonePe on Monday said it has secured an additional $100 million investment from General Atlantic.

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...

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 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 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...

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.

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.

With this partnership, the CME Group will transform all of its services and processes on Google Cloud servers, which will consume lesser capital and will ensure space availability for all the data.

British digital bank Zopa has raised $300 million from investors including Japan's SoftBank Group, it said on Tuesday, as the lender looks to expand its business ahead of a possible listing as soon as next year.