The investment will enable RenewBuy to expand into 1000 cities by 2022 Series A investor Amicus Capital also took part in this round The company claims to have over INR 500 Cr in annualised premiums currently Gurugram-based insurance tech startup RenewBuy has secured INR 130 Cr ($19 Mn) in funding from Lok Capital, IIFL AMC and existing investors in a Series B round. Amicus Capital, which had invested INR 60 Cr in RenewBuy during their Series...
Acquisition further expands digital offering with next-generation financial management capabilities
The two parties will work together in the discovery and acceleration of early blockchain projects, as well as KuCoin and KCS ecosystem development
[siteorigin_widget class=”WP_Widget_Media_Image”][/siteorigin_widget] [siteorigin_widget class=”WP_Widget_Custom_HTML”][/siteorigin_widget] 1. Tell us about your role in Unocoin? I function as a the CEO of the company and am responsible for company’s financial health, growth in terms of revenues and expansion and also play a critical role in product management. 2. Can you tell us about your journey into this market? It all started in 2010 when I was building custom scripts to an online virtual game called Second Life. I...
Distilling complexity into clarity through human connections We live in a digitally disrupted world – where a tweet can tank an economy, where currencies are losing their currency; where our digital footprints lead to our front door; where climate is changing the financial landscape. The world as we know it has changed – nowhere more than in business, banking and money. This is the new frontier. In this chaotic, ever-changing world it’s often difficult to...
Singapore-based global payments technology company, Wise MPay, are working with renowned blockchain experts, Jelurida, to launch a public-permissioned blockchain financial services (BFS) platform. With KPMG research showing 27% of Southeast Asians own a bank account while local mobile connections outnumber the population by 33%, the region is ripe for a revolution in access to digital finance. Coalculus is aiming to launch in September 2019 as JPL-compliant software that brings cutting-edge digital payment, remittance, and ATM solutions to governments, banks, and...
Future FinTech Group Inc. (NASDAQ: FTFT; the “Company”), a financial technology company and integrated producer of fruit-related products, today announced that on June 14, 2019, the Company submitted its plan of compliance in connection with its failure to timely file the annual report on Form 10-K for the period ended December 31, 2018 and the quarterly report on Form 10-Q for the period ended March 31, 2019 (the “Delinquent Filings”) to NASDAQ. On April 17, 2019 and May 21, 2019, the Company received notification...
The Mumbai Fintech Hub, Maharashtra government’s initiative to execute and promote an aggressive fintech ecosystem in the state, announced the launch of its platform FInD (Fintech Investments and Deals). The new platform is aimed at bridging the gap between investors and start-ups with respect to funding. In a press release, Mumbai Fintech Hub announced that FInD will not only catalyse exposure to capital but also aid to forge partnerships between fintech startups, investors and partners...
B2B fintech startup Razorpay has reportedly raised $75 Mn (INR 525 Cr) in a Series C round of funding co-led by Ribbit Capital, the US-based financial technology investment firm and Sequoia India, taking the total funding raised so far by the B2B fintech startup to $106.7 Mn. Existing investors New York-based Tiger Global Management and Y Combinator’s Continuity Fund also participated in the latest funding round. The reports around Razorpay raising a funding round of...
