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India’s MobiKwik Mobile Wallet To Go Global
The partnership will enable the app to offer international mobile recharge, rewards and airtime credit services in more than 150 nations across some 550 mobile operators.
- Categories
- Finance, Telecommunications
- Region
- South Asia
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IAN Fund Leads a $2.7 Million Round in Chakr Innovation
Founded in 2016, the startup leverages cutting-edge technology to capture emissions from diesel generators and convert the pollution-causing particles into a base pigment for black inks and paints.
- Categories
- Environment
- Region
- South Asia
- Tags
- startups, venture capital
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India’s Recykal Announces Closing of 2 Million Us Dollars PreSeries a Funding for Its Expansion
The company’s technology solutions are deployed across 150 businesses and it is currently operational in Hyderabad, Pune and Bangalore, and channelizes more than 1000 metric tonnes of recyclables per month through its platform.
- Categories
- Environment, Technology
- Region
- South Asia
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Report: India’s Microfinance Industry Posts 38% Growth in 2018-19
In 2018-19, microfinance in India showed rapid, regionally-balanced and resilient growth, said Harsh Shrivastava, chief executive officer, MFIN.
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance
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Paytm Dispels the Notion That Payments Banks Can’t Be Profitable in India
Nearly a third of all mobile banking transactions in India are powered by PPB and the firm claims it processes over Rs3 lakh crore worth of digital transactions annually, next only to the country’s largest lender State Bank of India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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A Young Entrepreneur Is Building the Amazon of Bangladesh
Blending online and offline commerce, Deligram is one of a number of emerging startups in the country.
- Categories
- Technology
- Region
- South Asia
- Tags
- e-commerce
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Perspective: Will Facebook Make Crypto Relevant For The Underserved?
Earlier this month, the WSJ reported that Facebook is building a team and getting its crypto ducks in a row to launch a “cryptocurrency-based payments system on the back of its gigantic social network.” Public details on the effort are thin and may have been outshone by news that one of Facebook’s co-founders is calling for the company to break up. But the fintech world is predictably aflutter about the perils and opportunities of a brand new digital coin that could allow users to hold and send money safely and securely to nearly every socially networked person on the planet.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- cryptocurrency, fintech
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India Is Shutting Down ATMs Even as People Use Them More
India already has the fewest ATMs per 100,000 people among BRICS nations, according to the International Monetary Fund.
- Categories
- Finance
- Region
- South Asia
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