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Finova Capital

Fino Payments Bank gets RBI

Fino Payments Bank gets RBI's in-principle approval for small finance bank

06 Dec 2025, 11:07 AM

As a small finance bank, Fino will be able to finally lend to its customers from its own book.

Techfino secures Rs 65 crore funding from Stellaris, Saison

Techfino secures Rs 65 crore funding from Stellaris, Saison

18 Jun 2025, 11:43 AM

The Bengaluru-based company will use the capital to double its branch network from 30 to 60 branches in the next 12 months.

Fino Bank reports growth in FY25 revenues, net profit

Fino Bank reports growth in FY25 revenues, net profit

08 May 2025, 14:38 PM

The bank's net profit grew to Rs 92.5 crore during the period, from Rs 86.2 crore in FY24.

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

SME lender Finodaya Capital raises $2.5 million led by White Venture Capital

25 Apr 2025, 17:16 PM

Finodaya will operate on a hybrid “phygital” model, blending digital services with a physical branch presence to streamline loan disbursement and underwriting.

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

27 Jan 2025, 16:08 PM

The payments bank hired KPMG to conduct an independent investigation.

Finova Capital raises $135 million in Series E

Finova Capital raises $135 million in Series E

05 Nov 2024, 02:49 AM

Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.

Who Reads Us

Fintech Highlights

  1. Skydo gets final RBI nod for cross-border payment aggregator license

  2. Razorpay gears up for IPO; eyes Rs 4,500 crore fresh issue

  3. India’s Income Tax department aligns with RBI on crypto risks

  4. BankBazaar FY25 revenue up 33% to Rs 249 crore, cuts losses

  5. Paytm approves fresh grant of 1.24 lakh ESOPs worth Rs 16.6 crore

  6. Read more news...

AI/Emerging Tech

  1. Elon Musk's xAI to invest $20 billion to build data centre in Mississippi

  2. OpenAI to acquihire executive coaching AI tool Convogo

  3. Amagi cuts IPO size, eyes $869 million valuation

  4. Anthropic raising $10 billion at $350 billion valuation

  5. Grab buys Chinese robotics startup Infermove

  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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