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Tag: LendTech News Asia

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...

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...

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...

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...

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...

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...

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...

India’s Samunnati signs for Finbots.AI’s CreditX AI credit modelling solution

Samunnati, an Indian firm specializing in financial solutions for agriculture businesses, partners with Singapore-based fintech Finbots.AI to integrate AI...

India’s Samunnati signs for Finbots.AI’s CreditX AI credit modelling solution

Samunnati, an Indian firm offering financial solutions to agriculture businesses, is partnering with Singapore's Finbots.AI to integrate AI into...

Indian fintech start-up Credgenics secures $50m Series B funding

Debt collection SaaS platform Credgenics secures $50 million in Series B funding led by Westbridge Capital, expanding its innovative...

Svatantra to acquire Navi Group’s microfinance subsidiary for $178.6m

Indian microfinance company Svatantra Microfin is set to acquire Chaitanya, a subsidiary of Navi Group, for $178.6 million, becoming...

Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth

US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering...