PeLocal Raises $2 Million to Expand Its WhatsApp Payment Solutions
In a significant leap towards transforming the digital payments landscape, PeLocal, a fintech startup that facilitates secure payment solutions within WhatsApp, has raised $2 million in seed funding. The round was led by Unicorn India Ventures, marking a key milestone in the startup’s journey to simplify digital…
In an exciting move for the Indian startup ecosystem, former World Bank executive has launched a new investment fund, Ortella Global Capital, with a focus on helping early and growth-stage companies in India. The fund, which has an initial capital of $35.5 million, aims to support over 20 promising startups across various sectors, fueling innovation and expansion.
Ortella Global Capital: A New…
In a bold move to expand its services and reach high-net-worth individuals (HNIs), wealthtech startup Nivesh has acquired Wealthzi, a wealth management platform. While the financial terms of the deal remain undisclosed, this acquisition is set to enhance Nivesh’s product offerings and solidify its position in India’s rapidly growing wealth management sector.
What This Acquisition Means for…
In a major development for India’s growing health-tech sector, QubeHealth, a Mumbai-based healthcare payments startup, has raised funding from two prominent investors: Unicorn India Ventures and CanBank Venture Capital Fund. The undisclosed investment comes as part of QubeHealth’s pre-Series-A funding round, marking a significant milestone in the company’s growth trajectory.
What makes…
Introduction to Flyfin
In the bustling world of Silicon Valley, a new fintech startup is making waves in the tax preparation industry. Flyfin, based in San Jose, California, is transforming how self-employed individuals handle their taxes. With a fresh $10 million in Series A funding from prominent investors like Accel and Alpha Wave Global, Flyfin is ready to simplify tax season for freelancers…
Finix is making waves in the payment processing arena, announcing a robust $75 million fundraising round aimed at taking on industry giant Stripe. After years of establishing itself by helping businesses set up their internal payment systems, Finix officially became a payment processor in 2023, positioning itself for a significant competitive push.
In an exclusive interview with TechCrunch, CEO…
The recent boardroom saga at BharatPe offers profound insights for the entire startup ecosystem in India, underscoring the vital role of trust, governance, and strategic action in navigating crises. As the fintech landscape evolves rapidly, BharatPe’s experiences provide valuable lessons that every entrepreneur and investor should consider.
The Foundation of Trust
At the heart of the…
Klarna Alumni Spark a Startup Revolution!
A recent report by venture capital firm Accel reveals that Klarna, the Swedish digital payments giant, is the leading source of new startups in Europe. With its alumni launching 62 new companies, Klarna outpaces any other fintech unicorn in the region.
Klarna: The Ultimate “Founder Factory”
The Accel report, titled “Fintech Founder Factory,”…
In 2024, women entrepreneurs in India are breaking barriers and redefining success across various sectors. This article highlights 15 inspiring women who have achieved remarkable feats, from Falguni Nayar, who launched Nykaa at 50, to Ghazal Alagh, co-founder of Mamaearth, addressing safe baby products. Upasana Taku’s MobiKwik revolutionized digital payments, while Kiran Mazumdar-Shaw…
Bengaluru-based fintech unicorn Slice has made headlines by raising ₹71.7 crore (approximately $8.6 million) from its founder and CEO, Rajan Bajaj. This investment comes as the company seeks to bolster its operations and expand its offerings.
Funding Details
The funding was facilitated through the issuance of partly paid-up shares, as outlined in a recent regulatory filing. Slice’s board…
