Banking
RBI set to launch United Lending Interface to simplify access to credit for underserved borrowers
New Platform Launch: The RBI is preparing to launch the United Lending Interface (ULI), a new technology platform designed to simplify access to...
Banking
India’s DMI Finance lands a further $334m investment from MUFG
Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions to corporate borrowers and serves...
Banking
Indian fintech Fibe bags $90m in Series E funding round
Fibe Secures $90 Million in Series E Funding:Funding Round:Amount: $90 million
Round: Series E
Lead Investors: Amara Partners, TR Capital, and Trifecta...
Banking
India’s DMI Group snaps up BNPL fintech ZestMoney
ZestMoney Acquisition by DMI Group:Indian BNPL start-up ZestMoney acquired by DMI Group in a fire sale.
Deal grants DMI Group brand rights...
Banking
Kazakhstani fintech Solva eyes future as SME-focused bank following $20m investment
Solva, based in Almaty, Kazakhstan, is transitioning from a microfinance fintech to an SME-focused bank with a new $20 million investment.
The investment...
Banking
India’s InCred Finance secures unicorn status with $60m Series D funding
Funding News:Indian fintech InCred Finance secures $60 million in Series D funding.
Valuation reaches $1.05 billion, making InCred the latest unicorn in...
Banking
Indian fintech Aurionpro acquires loan management system Omnifin for $9.8m
Mumbai-based fintech firm Aurionpro acquires Omnifin from AS Software Services
The all-cash transaction is valued at $9.8 million (INR 820 million)
Acquisition includes...
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