Neobank

Crypto neobank startup PlutoPe bags pre-seed funding

Crypto neobank startup PlutoPe bags pre-seed funding

13 Jun 2025, 12:40 PM

The startup has raised $500,000 in a pre-seed funding round led by Indian investor Manit Gupta.

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:58 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

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).

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

Neobanking platform Jupiter sees senior-level exits amid cost-cutting drive

12 Mar 2025, 20:24 PM

Prithvi Raj Tejavath, business head - investments, Vivek Agarwal, operations platform head - investments, and Aastha Sood, director-products have resigned from the Bengaluru-based fintech.

Fintech startup Jupiter sees 5x revenue jump in FY24

Fintech startup Jupiter sees 5x revenue jump in FY24

13 Nov 2024, 00:40 AM

The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.

Fintech Highlights

  1. American Express to discontinue Amex Pay from July 31

  2. Regtech startup Zango AI secures $4.8 million funding from Nexus, others

  3. Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

  4. MobiKwik-backed Blostem bags seed funding

  5. MobiKwik elevates Saurabh Dwivedi as Chief Technology Officer
  6. Read more highlights...

AI/Emerging Tech

  1. Elon Musk's xAI raises $10 billion to boost Grok platform

  2. Amazon introduces new generative AI model as it deploys 1 millionth robot

  3. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  4. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  5. At a Glance: AI Data Labeling companies beyond Scale AI
  6. 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