India’s Udaan lands $280m in Series D funding
B2B payments firm reaches total funding of $1.2 billion.
B2B payments firm reaches total funding of $1.2 billion.
Prime minister Modi is expected to announce the news next month.
Cloud core banking vendor has raised over €150m since launch.
We run down the most interesting core banking stories from this year.
The digital and tech teams of the banks need to “think out of the bank”.
CBSL selected SimCorp as part of an ongoing revamp.
The neobank claims to work with 700 partners already.
Cashfree counts more than 50,000 businesses as customers.
Klear promises an “approachable and easy” way to understand financial health.
It launched in 2016 and became cash flow positive in 2017.
SBM is partnering up with PayNearby for its initial stages.
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
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The launch has been delayed for years since its beta testing in 2018.
Payzello was founded by 26-year old college dropout, Pruthiraj Rath.
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Meezan is deploying SmartVista for payment authorisation, card management, and more.
Once the regulator has decided on applicants, it will determine the conditions of the sandbox.
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
By 2025, Razorpay wants to have 50 million business customers.
Unocoin allows users to trade in bitcoin (BTC), ether (ETH) and tether (USDT).
The fintech holds a 65% market share of Kazakhstan’s digital payments flow.
Bank of Baroda searches for new digital lending platform.
Oracle has also picked up a new deal in Bangladesh.
The two companies have a longstanding partnership on payments.
RTGS has built its system on Microsoft Azure.
Oracle’s system to run alongside Temenos T24 for retail.
Atlantis believes market adoption in India will be particularly successful.
The bank wants to scale up the service to 63,000 villages.
The Competition Commission of India dismisses complaint about new market entrant.
Sri Lankan bank opts to extend partnership with ACI.
The Indian bank needed a solution to power end-to-end issuance and processing.
Nuclei currently has 16 bank customers across India and the Middle East.
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
FirstVision will be deployed on an outsourced basis.
FinExtra Group and Neoflex to deploy the system locally.
The new corridors span the Middle East, and into South East Asia and Africa.
“All the banks see is risk,” Slice’s CEO Rajan Bajaj tells FinTech Futures.
Georgian bank expands its horizons with new digital venture.