February 2024 - Page 16

TLDR: Hong Kong-based fintech firm FundPark has secured an asset-backed securitization facility worth up to $500m, facilitated by Goldman Sachs as the arranger and senior lender. The facility represents a doubling of

TLDR The “Times” pays tribute to the improvements made by the Government of India in its financial mechanism Merging the Presidency Banks into the Imperial Bank of India has resulted in the

TLDR: Fintech stocks are projected to experience significant growth in 2024, with a CAGR of 17% from 2023 to 2030. Visa, Global Payments, and Block are highlighted as the top fintech stocks

Vijay Shekhar Sharma, the founder and CEO of Paytm, has faced several controversies throughout his career in the fintech industry. In 2011, Sharma launched Paytm, which started as a mobile recharging service

Fintech has become a key player in India’s financial landscape, with a 30% increase in capital momentum in 2023. The collaborative approach between fintech and banks has shifted from competition to cooperation,

Rural communities in the UK are in need of bank hubs to support those who have been affected by the closure of local bank branches, according to the Bishop of Norwich. The

The Reserve Bank of India (RBI) has ordered Paytm, one of India’s leading payments firms, to halt operations, causing a loss of $1.2bn in market value. The RBI has accused Paytm of

TLDR: A finance worker at a multinational firm was scammed out of $25 million after participating in a video call with deepfake versions of several company employees posing as the chief financial

In recent news, Ethereum has fallen in price and investors are now diversifying their investments into Borroe Finance. Ethereum dropped to $2,200 after retracing from $2,700, and its future movements will depend

Fintech companies in Southeast Asia are thriving despite the region’s “tech winter,” with several startups securing significant funding and Shopee acquiring Blu’s credit arm. Some of the key points from the article