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HIGHLINE SECURES $13 MILLION IN SERIES A FUNDING TO EXTEND CREDIT ACCESS FOR BORROWERS AND REDUCE RISK FOR LENDERS

Highline Technologies, the payments fintech that unlocks payroll-linked lending and bill pay, announced today that it has successfully raised $13 million in Series A funding. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors. Founded in 2020, Highline’s payments platform allows consumers to easily automate bill payments directly from their […]

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Fintech Startup CredAble Raises $9 Mn To Offer Credit Solutions To SMEs, Large Businesses

Fintech lending startup CredAble has raised $9 Mn from Axis Bank and OAKS Asset Management.  CredAble will use the fresh funds to accelerate its growth plans. It further plans to utilise the funding in growing its banking-as-a-service (BAAS) solutions in international markets and expand footprint in domestic market via its platform UpScale. “This direct investment […]

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How fintech startups are navigating the extension-round rush

As the fintech venture market goes, so goes the venture market itself. Why? Because fintech investment has historically made up around one-fifth of every venture dollar invested — at least in recent years. And after both fintech investing and venture capital itself went a bit bonkers last year, both are dealing with a new, more […]

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Lightspeed raises $500 million for its new India and Southeast Asia fund

Lightspeed has raised $500 million for its newest India and Southeast Asia fund, its largest for the regions, as it looks to make deeper investments in the South Asian market that is increasingly attracting global investors. The fund, fourth for Lightspeed India, was hard-capped at $500 million, meaning the firm didn’t want to raise additional […]

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3 innovative FinTech start-ups in Japan

In the last few years, the Japanese FinTech market has witnessed significant developments. Among the top start-up hubs in Japan, Tokyo is the main start-up hub. In order to grow the FinTech ecosystem, the government of Japan laid out a 7-step strategy. The strategy comprises of the creation of a start-up city, providing entrepreneurship education, […]

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Hammock Financial Services secures £4.62 million Series A investment

In response to broad digital reforms, UK FinTech company Hammock has announced a $5.5 million fundraising round with a pledge to support landlords and their accountants. Along with Second Century Ventures and Ascension Ventures, Fuel Ventures took the lead in the round. The two million landlords in the UK and their accounting partners are under […]

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Top 10 FinTech Startups in India

Fintech, or financial technology, has become an important part of the world economy. Paper-based documentation was necessary for all financial transactions in the past since it was regarded as the most secure approach. However, as technology developed, the internet began to replace other commercial communication channels. Fintech is an industry made up of companies that […]

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UK Tech startups raise over £12 billion in venture capital funding in 2022

The UK has surpassed most of the world in terms of startup investment, outpacing China, India, and France in spawning innovative new enterprises despite the city facing significant economic troubles. London is poised to take the lead in Europe in the changing IT landscape as the pace of digital transformation keeps accelerating in the wake […]

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Fintech startup Kuhoo raises $20M in seed round from West Bridge

Student loan fintech platform Kuhoo said it raised $20 million in a seed round from West Bridge Capital. Named after the sweet sound of the bird Cuckoo, Kuhoo is the brainchild of former ICICI, HDFC Credila, and InCred executive and banking veteran Prashant A Bhonsle. The gap between the increasing cost of education and affordability […]

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[Weekly Funding Round-up] Investments Remain Low But Sentiment Is Strong

The venture capital investments into the Indian startup ecosystem stood below $50 million in the second week of June. However, this masks the vibrancy of the ecosystem which saw healthy merger and acquisition (M&A) activity, as well dual-headquartered companies in India and the US receiving funding from marquee investors. Cutting across 19 deals in total, […]

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