BusinessNews

VanEck Launches New Sui Crypto Exchange-Traded Note in Europe

VanEck Expands Crypto Offerings with Sui Blockchain in Europe VanEck, a global investment firm that manages over $100 billion in assets, is adding a new digital asset to its growing lineup of cryptocurrency products. This time, the firm has launched an exchange-traded note (ETN) based on Sui, a blockchain designed by former Meta engineers. This marks a significant step forward for Sui, which has…
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BusinessNews

Flipkart’s Super.Money Expands Financial Offerings, Plans External Fundraising

Super.Money Launches New Financial Products Super.Money, the fintech venture backed by Flipkart, is making headlines with its latest financial innovations. The company, operated by Scapic Innovations, has recently introduced the SuperCard, a co-branded credit card developed in partnership with Utkarsh Small Finance Bank. The SuperCard offers a unique feature: users can secure credit limits…
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Startup

Flipkart’s super.money Launches superCard: A Co-Branded Credit Card with Flexible Limits and Exclusive Discounts

In a significant move to reshape the financial landscape, Flipkart’s fintech arm, super.money, has unveiled its inaugural product, the superCard, in collaboration with Utkarsh Small Finance Bank. This innovative co-branded credit card represents a novel approach to financial inclusion and convenience, offering a range of features designed to cater to diverse customer needs and enhance the…
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BusinessNews

MobiKwik Achieves Profitability After 15 Years and Gears Up for IPO

MobiKwik, the digital financial services platform, has marked a significant achievement by reporting its first-ever full-year profitability for FY24 after 15 years of operating at a loss. The company announced a Profit After Tax (PAT) of ₹14.08 crore, a substantial turnaround from the ₹83.81 crore loss in FY23. This milestone has boosted MobiKwik’s confidence as it prepares for its Initial…
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