fintech News

Klarna Halts IPO Plans Amid Global Tariff Uncertainty: A Strategic Retreat?

Swedish fintech Klarna pauses its IPO amid global tariff changes, signaling a cautious approach in uncertain economic times. StubHub also delays its public offering, reflecting bro...

IFC Boosts Alteria's Innovative Venture Debt Fund to Empower India's New Economy Startups

Alteria Capital announces IFC's maiden investment in its Shorter Duration Scheme, targeting India's innovative SMEs and fintechs for short-term liquidity needs, marking a significa...

Zaggle Expands Fintech Dominance with Majority Stake Acquisition in EffiaSoft

Zaggle Prepaid Ocean Services Ltd acquires a 51% stake in EffiaSoft Private Ltd for over Rs 41 crore, enhancing its fintech ecosystem with EffiaSoft's billing software expertise an...

Nagpur Rises as India's Premier IT Hub: How Corpay Technologies is Leading the Charge with AI Innovations

Nagpur is emerging as a key player in India's IT sector, with Corpay Technologies leading the way in AI-powered financial solutions and fintech innovations. The company's growth an...

India's Startup Ecosystem to Skyrocket: Doubling in Size by 2030, Study Reveals

India's startup ecosystem is set to double in size by 2030, creating millions of jobs and driving growth in high-value enterprises. Emerging sectors like AI and fintech are at the ...

Revolutionizing Employee Benefits: Keeper Secures Rs 5 Crore Funding to Innovate Paid Leave Solutions

Keeper, a fintech startup, secures Rs 5 crore funding led by Antler to transform paid leave benefits into accessible financial solutions, aligning with India's new labor reforms fo...

Klarna Sets Sights on New York with Ambitious IPO Filing

Klarna, a leading Swedish fintech company, has filed for an IPO in New York, aiming to list on the NYSE under the ticker symbol KLAR. With a potential valuation of $15 billion, thi...

Rocket Companies to Revolutionize Real Estate with $1.75B Redfin Acquisition

Rocket Companies announces a $1.75B acquisition of Redfin, aiming to revolutionize the real estate and fintech sectors by enhancing consumer experiences with AI and integrated data...

Rocket Companies to Revolutionize Real Estate with $1.75B Acquisition of Redfin

Rocket Companies announces a $1.75 billion acquisition of Redfin, aiming to revolutionize the real estate market with enhanced AI models and a unified consumer experience.

RBI Governor Advocates for Compliance and Innovation in Fintech Sector

RBI Governor Sanjay Malhotra emphasizes the importance of compliance and innovation in the fintech sector during a meeting with industry leaders. The central bank is focused on str...

Prime Venture Partners Unveils $100M Fund to Fuel Early-Stage Indian Startups

Prime Venture Partners launches a $100 million fund to invest in early-stage Indian startups, focusing on fintech, AI/deeptech, global SaaS, and Digital India. The fund has secured...

Stripe Soars to a Whopping $91.5 Billion Valuation: What's Next for the Fintech Giant?

Stripe Inc. announces a $91.5 billion valuation through a secondary stock offer, alongside plans to repurchase shares. The fintech giant processed $1.4 trillion in payments in 2024...

Amazon Expands Financial Services in India with $160 Million Acquisition of Fintech Startup Axio

Amazon is set to acquire Axio, a leading digital lending startup in India, for about $160 million. This strategic acquisition aims to enhance Amazon's financial services in India, ...

Groww Sets Sights on a Monumental $800 Million IPO: A New Era for Fintech?

Groww, a leading discount stock brokerage platform, is planning an $800 million IPO, aiming for a $6-8 billion valuation. This move comes amidst significant regulatory changes in I...

Razorpay Extends Rs 1 Lakh ESOPs to All 3,000 Employees

Razorpay announced it is extending employee stock options worth Rs 1 lakh to each of its over 3,000 staffers, reflecting the company's commitment to an employee-first ethos.

Razorpay's Bold Move: Relocating HQ and Eyeing $1 Billion Revenue by 2030

Razorpay, a Bengaluru-based fintech unicorn, plans to relocate its headquarters to India and go public by 2026, targeting $1 billion in revenue by 2030.

One MobiKwik Systems Ltd Sees Massive 90% Surge on Market Debut

One MobiKwik Systems Ltd, a fintech company, made a strong market debut with a 90% surge above its issue price. The IPO was subscribed 119.38 times, reflecting strong investor inte...

Navigating the New Frontier: Challenges in Digital Loans and Investments

RBI Deputy Governor Michael Patra discusses the challenges posed by the digitalisation of investments and credit, emphasizing the need for vigilance against household debt escalati...

MobiKwik IPO Sees Massive Investor Demand, Valuation Hits $4.7 Billion

MobiKwik's $67 million IPO attracted bids worth $4.7 billion, reflecting strong investor confidence in the fintech company's growth potential and anticipated listing gains within t...

Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation

Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...