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Neobanking startup Stashfin raises $270 million to expand its footprint in Southeast and South Asia

Singapore-based neobanking platform Stashfin, which only serves the India market, on Tuesday raised…

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2 mins read

Neobanking platform Vance raises $5.8 million in seed round led by Hummingbird Ventures

Neobanking platform Vance raises $5.8 million in seed round led by Hummingbird Ventures

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UPI transactions reach 657 crore in August worth ₹10.72 lakh crore

The Unified Payments Interface (UPI) registered a record 6.57 billion (657 crore) transactions wort…

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In the funding winter, only four companies turn unicorns in the June quarter

The ongoing funding winter has already caused a slowdown in the unicorn creation trend of India. On…

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1 min read

Report from Money20/20: Zopa is getting into the booming buy now, pay later market

UK neobank Zopa is entering the buy now, pay later (BNPL) market, it announced Wednesday at Money20…

Grace Dean   


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Asia’s richest banker Uday Kotak might be grooming his son Jay Kotak for a top job at his bank

The youngest working generation of India, Gen Z could all be about getting away with doing less. No…

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2 mins read

It's Open — India now has a century of unicorns

Neobank Open on Monday announced that it is the 100th Indian startup to have entered the unicorn ca…

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INTERVIEW: Don’t want to get distracted with the unicorn status, says Jupiter’s Jitendra Gupta

After being valued at a whopping $710 million last December, neobanking startup Jupiter wants to st…

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2 mins read

Neo-bank Open bags $100 million to expand to Southeast Asia

The Bengaluru-based company aims to strengthen its leadership in the SME neo-banking space, taki…

PTI   


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INTERVIEW: Jitendra Gupta’s Jupiter neobank is all set to foray into personal lending and mutual funds this year

After opening up its digital bank to everyone last year, neobanking startup Jupiter is now looking …

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3 mins read

British neobank Tide wants to hire 600 techies and business execs in Hyderabad and Gurugram

The neobank ⁠— which operates in partnership with RBL Bank in India ⁠— needs 300 engineers, with…

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2 mins read

Neobanking platform Stashfin launches a new campaign to promote its all-in-one proposition

With a brand promise of ‘Nobody in India should be credit starved’, Stashfin has been working towar…

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5 mins read

Marc Shoffman   


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Freecharge announces neo-banking platform, to offer fixed deposits, digital credit card and more

Payments and recharge platform Freecharge have announced the rollout of its neo-banking platform.…

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This neobank for India's small businesses just raised $31 million led by Sequoia Capital

Flobiz, a neobank focused on small and medium businesses in India, has raised $31 million in a Seri…

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1 min read

Neo-banking startup Epifi raises $13.2 mn from Sequoia India, Ribbit Capital

The seed funding round that was led by Sequoia India and Ribbit Capital also saw participation …

PTI   


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3 mins read

Varo has become the first neobank to win approval for FDIC insurance

It's important to note that, with a license, Varo will now have to dedicate more resources to regul…

Rachel Green   


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Fewer than one in 10 British consumers are using neobanks to manage their money

The relatively solid use of digital banking in general suggests that the big challenge for neobanks…

Gregory Magana   


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3 mins read

Revolut becomes the first neobank to launch stock trading services

"Typically, startups are in a race to get distribution before incumbents find product market fit. R…

Lea Nonninger