Sbi

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).

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 22:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

Fintech Hightlights

  1. Moneyview converts into public entity ahead of IPO

  2. PayU appoints former RBI deputy governor, others to board

  3. Zerodha's NBFC unit posts Rs 36 crore revenues, Rs 12.5 crore net profit for FY25

  4. OfBusiness' lending unit Oxyzo posts increase in FY25 revenue, profit

  5. PayPal, Worldline get RBI approval to operate as cross-border PA
  6. Read more highlights...

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