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

  2. Moglix's financing arm Credlix buys majority stake in Vanik Finance

  3. Aspora ropes in former Paytm Money CEO Varun Sridhar to head wealth & lending division

  4. Pine Labs Q2 revenue up 18% to Rs 650 crore, swings to profit

  5. Digital NBFCs’ personal loan sanctions jump 25% to Rs 97,381 crore in H1 FY26: FACE

  6. Read more news...

AI/Emerging Tech

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  2. Anthropic expands partnership with Snowflake in $200 million multi-year deal

  3. AWS launches three new frontier AI agents

  4. Anthropic prepares to float IPO in 2026, hires law firm

  5. Aakrit Vaish launches India-focused AI fund Activate

  6. Read more news...

IPO Tales

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

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

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  5. Read more news...

Money & Machines

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

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

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  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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