Tag: India

Bengaluru-based IBSFINtech, which provides a corporate treasury management solution, has partnered with Thomson Reuters.

Indian FinTech Kaleidofin, which provides intuitive and tailored financial solutions to the informal sector, has raised $2.8m.

India’s FinTech sector is in needed of regulation to truly flourish according to a new report commissioned by Yes Bank.

India’s central Government has set up a special committee to look into making regulations for FinTech more flexible.

The Reserve Bank of India (RBI) has issued a letter to India’s payments banks, tightening the regulations around KYC, while on-boarding customers.

Indian IT business Tech Mahindra has partnered with Israeli firm ContextSpace Solutions to develop the world's first global software privacy ecosystem.

SmartStream Technologies, which is a global software and managed services provider, has opened an office in Jaipur, India to service a tier one investment bank.

Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.

FinTech data startup Perfios has raised $6.1m in a Series A round from Bessemer Venture Partners. Perfios aims to help financial institutions in real-time decision making.

In-store payments app Perpule has secured $650,000 in Seed funding led by Kstart – a sister company of VC Kalaari Capital.