Lightnet Locks $31.2 Million Funding From UOB & Others
A Thai Fintech company, Lightnet, has recently announced that it has fetched a 31.2 million USD funding from a gamut of investors. Lightnet is a blockchain-based payment and remittance …
Category: Business News
Icelolly Fetches a £2 Million Funding From Silicon Valley Bank
Silicon Valley Bank has recently announced that it would fund £2 million to Icelolly, UK’s one of the most significant holiday sites. Icelolly works as a platform for comparison …
Tranglo Joins Hands With Alipay to Provide Cross-border Remittance Services
Malaysia-based fintech firm Tranglo has teamed up with Chinese e-commerce firm Alibaba’s online payments arm Alipay to provide cross-border remittance services. As per the deal, users of Alipay can …
Investment Bank TH Capital Looking to Grow Business in India
Investment bank TH Capital has assigned five analysts to the task of studying market trends in India, to do business in the country. The analysts are based at TH …
US-based Payment Solution Provider Nayax Raises $60 Million
Fintech firm Nayax has raised $60 million in its latest investment round, bringing its valuation to $400 million. Since its inception in 2015, US-based Nayax has raised $30 million. …
Goldman Sachs Leads RattanIndia Power Debt Deal Worth $922m
A consortium spearheaded by Goldman Sachs Group Inc., along with the Varde Partners LP, is anticipated to buy debt worth INR 65.75 billion or 922 million US dollars from …
Flipkart to Sell Products Made by 44 Lakh Women Working Under DAY-NULM
The Union government has signed an MoU with e-commerce firm Flipkart to sell products manufactured by women self-help groups under the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM). Confirming …
Ivory Coast’s Fintech Julaya Gets $550,000 in Funding to Expand Operations
In a new development, Ivory Coasts’ Fintech startup Julaya has managed to raise as much as $550,000 in its latest funding round. The funding round was led by angel …
Regeneron to Release Employees as Part of Restructuring Partnership with Sanofi
New York-based Regeneron Pharmaceuticals Ltd. has announced that it will be releasing some staff as part of the restructuring of its partnership with French pharma firm Sanofi with which …
Moneygram Forms Alliance With Brightwell for Simplifying Money Transfers
The US money transfer company MoneyGram International Inc. has inked a partnership with Brightwell. The partnership between the two firms is aimed at allowing crew members to digitally send …