BlackRock and Jio Financial Services to launch wealth management and brokerage services in India
The agreement was filed with the National Stock Exchange of India this week.
The latest fintech news, resources and expert analysis in Asia by the leading intelligence provider for the worldwide fintech community.
The agreement was filed with the National Stock Exchange of India this week.
Negi has acted as BharatPe’s interim CEO since Suhail Sameer’s departure last year.
Money20/20 Asia takes place between 23-25 April at QSNCC in Bangkok, Thailand.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
Zand’s CEO claims the move will enable “seamless deployment of digital assets, AI, and blockchain technologies.”
The bank has tapped its partner’s IDEX Pay solution to install fingerprint sensors into its physical card offering.
Uzum says it will look to raise an additional $200 million in a Series B funding round later this year.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
CBB hopes the partnership will help boost its operational efficiency and growth.
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
The investment builds on Perfios’ $229 million Series D and reportedly now values the firm at over $1 billion.
The French bank plans to leverage CTX’s real-time liquidity management capabilities.
Wagely provides businesses with an earned-wage access (EWA) solution for employees.
Raqami was granted in-principle approval to operate digital financial services in the country last year.
The deal could be worth between $30 million and $50 million, according to media reports.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The bank has also implemented Oracle’s Banking Digital Experience and Oracle Payments solutions, among others.
The integration marks the start-up’s attempt to improve the market agility of its digital loan services.
It’s thought that 57,028 of Bank of America’s customers have been impacted.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Juspay plans to enhance its offerings for the banking, financial services and insurance industries.
Nepal Clearing House expects to launch its NPS service in Q4 2024.
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
The move is a continuation of Indian PM Narendra Modi’s vision of “taking UPI global”.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
The RBI attributes its order to “persistent non-compliances and continued material supervisory concerns in the bank”.
Ardshinbank will also integrate the vendor’s tech to strengthen its retail mobile app.
The bank is set to replace its homegrown Maarvel core system with Flexcube.
UPI has been recognised as a key accelerant in the real-time availability of financial services in India.
The fire sale deal follows reports in December last year that ZestMoney was closing down.
The pair states that it has migrated over 500,000 cards, 1,200 POS terminals and almost 300 ATMs.
Paymob now claims to be the first international fintech company to be fully licenced in Oman.
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
Using PayMate’s tech, NBO plans to digitise, streamline and automate its B2B payment processes.
“Industry veteran” Anup Neogi has also been appointed as the new managing director and CEO of the acquired business.
The company’s initial plans for a $255m IPO in 2021 were scrapped due to weakening market conditions.
Pai joins PhonePe from TerraPay, where he served as president of product and solutions for three years.
The investment was backed by the Sawiris family of the Egyptian Orascom Group and ZCP.