RBI’s ban on SBM Bank’s foreign exchange transactions hurts fintech firms
Credit: Reuters Wealthtech startups Vested Finance and IndMoney have been affected after the Reserve Bank of India (RBI) barred SBM Bank (India) Ltd from making outgoing...
Tagged: TMT
“Fintech Remains Among Top Funded Sectors Despite Investment Drop”
Credit: 123RF.com Funding across India’s fintech space nearly halved in 2022 due to a slowdown in late-stage funding activity throughout the year. However, it remained one...
“Fintech Remains Among Top Funded Sectors Despite Investment Drop”
Credit: 123RF.com Funding across India’s fintech space nearly halved in 2022 due to a slowdown in late-stage funding activity throughout the year. However, it remained one...
Fintech start-up MProfit secures new funding
Credit: Thinkstock Fintech platform MProfit that allows investors and wealth professionals to track their investments across multiple assets said it has raised around $2 million in...
Revolut nears completion of 2021 accounts as fintech seeks UK license – sources
LONDON, Jan 13 (Reuters) – Fintech firm Revolut Ltd. is close to completing its extended financial statements for 2021, a move that could pave the way...
China’s regulator tells Futu and UP Fintech to stop seeking mainland clients
SHANGHAI/HONG KONG, Dec 30 (Reuters) – China’s securities regulator said on Friday that online brokers Futu Holding and UP Fintech Holding have been operating illegal securities...
The Australian stock exchange’s blockchain failure burns confidence in the market
SYDNEY, Dec 20 (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs...
Fidelity National agrees to review, director adds after DE Shaw pressure
NEW YORK, Dec 15 (Reuters) – Fidelity National Information Services ( FIS.N ) said on Thursday it will undertake a strategic review and add a new...
Cryptoverse: Boom or Bust? $30k or $5k? Play bitcoin roulette
Dec 13 (Reuters) – Plucky bitcoin has held steady since seeing off the chaos of the FTX collapse, rallying its strength to rally towards the dizzying...
Co-founder of the NFT platform Blockparty charged with fraud
Dec 7 (Reuters) – The former chief technology officer of Blockparty was arrested on Wednesday after U.S. prosecutors alleged he stole more than $1 million in...