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Hsbc

Cross-border neobank Zolve raises $251 million in equity and debt

Cross-border neobank Zolve raises $251 million in equity and debt

12 Mar 2025, 21:03 PM

The Series B round was led by Creaegis, with participation from HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors. This also includes a $200 million warehouse line (debt).

Student lending platform Leap Finance raises $100 million debt from HSBC

Student lending platform Leap Finance raises $100 million debt from HSBC

05 Mar 2025, 22:41 PM

Leap Finance will use the funds to expand its presence across US, expand university partnerships, and strengthen its presence in India.

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

Agri-tech lender Arya.ag secures $30 million debt via GuarantCo

24 Jan 2025, 15:24 PM

GuarantCo, funded by governments of the UK, Switzerland, Australia, and Sweden, provided two partial guarantees to HSBC India for the loan given to Arya.ag.

Fintech Hightlights

  1. NPCI profit jumps 42% to Rs 1,552 crore in FY25

  2. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  3. Kamath brothers pick minority stake in InCred Holdings

  4. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  5. Cross-border payments startup Aspora bags $53 million in Series B funding

  6. Read more highlights...

AI/Emerging Tech

  1. At a Glance: AI Data Labeling companies beyond Scale AI

  2. Darwix AI bags seed funding

  3. Google plans to snap ties with Scale AI after Meta's "significant" investment

  4. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  5. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case

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