Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
Fintech Paytm Gets Regulatory Nod for India’s Biggest Ever IPO: Source October 22, 2021 By Sankalp Phartiyal NEW DELHI – Indian fintech firm Paytm has received approval from the capital markets regulator for its $2.2 billion stock...
Indian Insurance Startup Policybazaar Files for $810M IPO August 2, 2021 BENGALURU – SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to 60.18 billion...
Fintech and On-Demand Insurer N26 Eyes Value of About $10B in New Fundraising July 16, 2021 By Jan-Henrik Förster and Eyk Henning N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the...
Update: India’s Digital Payments Startup Paytm Seeks to Raise $2.23 Billion in IPO July 16, 2021 By Vishwadha Chander and Chris Thomas BENGALURU – Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval...
Indian Insurtech Policybazaar Plans Mumbai IPO April 7, 2021 By Baiju Kalesh Indian online insurance platform Policybazaar is planning to file a draft prospectus as soon as next month for its Mumbai...
Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims March 19, 2021 By Paulina Duran SYDNEY – Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over...
Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next March 9, 2021 By Lucca de Paoli Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it. On Monday,...
Ant Group Weighs Forming Holding Company, Regulated Like Traditional Financial Firms December 29, 2020 By Julie Zhu and Cheng Leng Ant Group Co Ltd is considering folding most of its online financial businesses, including consumer lending, into a holding company...
SoftBank-Backed Indian Fintech Startup Seeks IPO Valuation of More Than $3.5B July 20, 2020 By Saritha Rai Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the...