Foloosi Secures UAE Central Bank Approval for Payments Licence
The UAE-based payments firm has crossed AED 7 billion in transaction volume and 10,000 merchants as it moves toward a full Category III licence under CBUAE's RPSCS framework.
Fintech
Ecofy Secures $15 Mn Debt from Mirova to Scale Solar and EV Loans
India's first green-only NBFC has raised debt from one of Europe's most active sustainable investment arms — the fourth such DFI bet on Ecofy in three years, and a sign that global climate capital is flowing with increasing confidence into India's distributed energy market.
Ex-Swiggy CTO Dale Vaz’s Trading App Sahi Raises $33 Million, Now Valued at $200 Million
Dale Vaz's Sahi has raised $33 million in a Series B led by Accel, valuing the year-old trading platform at $200 million — up from $60 million just nine months ago.
Kissht IPO Opens — Cofounders Already Bought Shares at ₹201, Anchor Investors Put In ₹278 Cr
CEO Ranvir Singh and CFO Krishnan Vishwanathan acquired shares at ₹201 each in March — roughly 18% above Kissht's IPO price band — while Goldman Sachs, HDFC MF, and ICICI Prudential led a ₹278 crore anchor round the day before the IPO opened.
RBI Cancels Paytm Payments Bank Licence, Orders Winding Up
The central bank cited depositor harm and management failures — ending a banking experiment that had been on life support since 2022.
Zerodha winds down its Zero1 creator content initiative, citing regulatory uncertainty
The bootstrapped broker's attempt to build independent, long-form financial storytelling at arm's length from its core business has quietly ended — and everything is coming back in-house.
PayTabs Group Acquires UAE’s TAPn’GO, Brings Contactless Checkout Into Its Super App
The Riyadh-based payments giant absorbs TAPn'GO's contactless technology in a full 100% acquisition, targeting 20,000+ businesses across retail, hospitality, healthcare, and more.
Go Digit Gets ₹384 Cr Income Tax Demand Notice for AY24
Insurtech firm flags industry-wide issues behind disallowances; plans legal appeal as tax scrutiny intensifies weeks after GST notices
Fino Payments CEO Arrest Sends Shockwaves: What It Really Means for India’s Fintech Boom
One enforcement action isn’t just a headline — it’s a wake-up call for founders, investors, and the entire fintech ecosystem.
Moroccan fintech WafR raises $4 million seed to scale last-mile financial services network
Oversubscribed round led by LoftyInc Capital with Attijariwafa Ventures and Almada Ventures will support expansion of WafR’s nationwide merchant-based fintech distribution.
Vennre raises $9.6M Pre-Series A to expand private market access in MENA
MENA-focused wealth platform Vennre secures hybrid equity-debt funding round co-led by Vision Ventures and anb seed Fund, with participation from regional and global investors.
Rajasthan’s Tractor Junction Raises $22 Million to Boost Rural Mobility and Fintech Arm
Tractor Junction has raised $22 million in a Series A round led by Astanor, with plans to expand its rural vehicle marketplace, strengthen OEM partnerships, and rapidly scale FINJ, its fintech arm that has already disbursed over ₹1,500 crore in loans.