Fintech

Gurugram’s BASIC Home Loan raises $500K seed funding from Germany’s Picus Capital

Gurugram, Haryana-based BASIC Home Loan, on Monday raised a $500,000 in a seed funding round from Picus Capital, Germany.

Mumbai, Maharashtra-based fintech startup CredAbale on Saturday raised INR 18.14 crore (around $2.5 million) from a group of angel investors.

PayPal Holdings Inc. on Wednesday announced that it is set to allow customers to buy, sell and hold cryptocurrencies.

Ex-Paytm senior vice president, Shankar Nath after a two-year sabbatical has launched Junio, a kids-focused fintech startup.

Bangalore, Karnataka-based Razorpay, on Monday, 12 October 2020, raised $100 million to enter the unicorn club.

Cairo-based Fintech startup NowPay, on Sunday, 11 October 2020, told LAFFAZ that the company has raised a $2.1 million seed funding.

India's fintech unicorn Paytm, on Monday, 5 October 2020, launched its 'Android Mini App Store' to help Indian developers market their apps.

Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from September 28 to 04 October, 2020.

Egypt-based fintech startup Flick, that offers peer-to-peer app that digitizes the cross-border money transfer, raises $1 million pre-seed.

Mumbai, India-based Financepeer on Tuesday, 29 September 2020, raised $3 million from Jaipur's MS Fincap, UAE's Danube, and more.

Egypt's fintech startup Kashier Payments on Sunday (20 September 2020) has raised an undisclosed amount of seed capital from Glint Ventures.

Jordan's AB Ventures, and DASH Ventures took part in the $31M strategic capital raise for the US-based fintech startup Veem.