Deutsche Bank invests in Synthesized to augment data capacities
German financial services firm Deutsche Bank is partnering with Synthesized, a data generation platform provider, to enhance its data capabilities. The tie-up will see…
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Axis Bank eyes India’s semi-urban, rural markets to expand credit card business
Indian private sector lender Axis Bank is targeting the semi-urban and rural markets in the country with credit card offerings, MoneyControl reported.…
India’s Signzy raises $26m to provide digital banking infrastructure
Indian digital banking infrastructure provider Signzy has raised INR2.1bn ($26m) in funding from Gaja Capital, a growth-stage private equity firm. …
Jupiter in advance negotiations to divest stake in Starling Bank
Jupiter Fund Management is closing in on the sale of a stake in Starling Bank, Sky News has reported citing undisclosed sources. The…
India to adopt common KYC for financial transactions
Indian authorities are working to implement a common know-you-customer (KYC) service, which can be used to support numerous financial transactions…
Fino Payments Bank buys 12.19% stake in fintech PaySprint
Indian private sector lender Fino Payments Bank has wrapped up the acquisition of a 12.19% stake in fintech firm PaySprint. The deal,…
Warburg Pincus eyes 30% stake in Indian NBFC Vistaar
Private equity firm Warburg Pincus is in talks to invest nearly $150m in Indian lending firm Vistaar Finance, Reuters reported citing two…
M2P Fintech launches new core lending suite for financial institutions
Indian financial infrastructure provider M2P Fintech has introduced a core lending suite to expand its product portfolio, Moneycontrol has reported. …