Fundamentum Partnership

TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

28 Aug 2025, 12:25 PM

The fresh capital will be used for TransBnk's expansion into Middle East and Southeast Asia.

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

Peak XV-backed Probo under ED lens: Rs 284 crore assets seized amid online betting allegations

11 Jul 2025, 19:21 PM

The investigation revealed that the Probo platform defrauds its users by initially promoting a "deceptive image of a legitimate skill-based platform, only to ultimately exploit them through a betting mechanism..."

Flexiloans bags $44 million in Series C round

Flexiloans bags $44 million in Series C round

11 Jun 2025, 13:56 PM

Flexiloans will use the fresh capital to boost its operations, improve product offerings and upgrade its infrastructure.

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani's Fund, others

29 May 2025, 15:47 PM

Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...

Fintech Highlights

  1. UPI in August: Debt collections, digital goods games, securities brokers see sharp value drop

  2. Insurtech startup Turtlemint files IPO papers via confidential route

  3. Amazon receives RBI nod for Axio acquisition

  4. ADIA sells entire stake in MobiKwik

  5. InCred Money launches new scheme to invest in digital gold and silver
  6. Read more news...

AI/Emerging Tech

  1. Stripe launches new blockchain company Tempo in partnership with Paradigm

  2. OpenAI to launch AI-powered hiring platform

  3. OpenAI to acquire product testing startup Statsig

  4. Anthropic raises $13 billion in Series F at $183 billion post-money valuation

  5. Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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