Tag: India

Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.

InCred, an Indian alternative lender has raised $75m in the largest round for an Indian FinTech startup so far this year.

Digital signature startup Digio has raised $400,000 in a pre-Series A round of funding. The capital for the Bengaluru-based company comes from Rainmatter Technologies.

Enterprise software provider Speridian Technologies has acquired a majority stake in FinTech company Sesame Software, specialised in banking solutions.

Peer-to-peer lending firm Faircent says it’s attracted more than 6,000 registered lenders and 26,000 borrowers.

Fusion Microfinance, an Indian startup focusing on providing loans to women in underserved areas, has raised $24m in a Series D round.

Union Bank of India is launching a mobile app designed to let customers control their credit card usage.

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.