🚀 TransBnk - Transaction Banking Platform Raises $4m in Series A Funding 💸 🌟 Transaction banking platform TransBnk - Transaction Banking Platform has secured $4m in its latest Series A funding, led by 8i Ventures and Accion Venture Lab, with participation from GMO VenturePartners,Inc., Ratio Ventures Limited, and Force Ventures LLP. Additional backing came from institutional and angel investors. 🌍💼 TransBnk acts as a vital backbone for BFSI entities, offering API-driven solutions that enhance financial services across lending, payments, and customer onboarding. The funds will expand its network of banking partners and accelerate growth into the Middle East and Southeast Asia. 🌐🔗 Since last year’s seed round, TransBnk has seen a tenfold revenue increase, disrupting India’s $200bn unsecured lending market. CEO Vaibhav Tambe emphasized that transaction banking is transforming the financial landscape, presenting a massive opportunity for innovation. 🏦💻 #FinTech #TransactionBanking #Funding #Innovation #Banking https://lnkd.in/dSiViRrs
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In the fast-paced world of finance, where collaboration and innovation are the keys to success, these Fintech trends are on the verge of disrupting the finance sector. Read the article to know more: https://bitly.ws/UXLk #TimetoDoBIg #FinTechTrends #Finance #Smartflo #Tata #primarykeytechnologies
FinTech Trends in India: Revolutionizing the Financial Landscape
tatatelebusiness.com
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Investment Memo: M2P Fintech I wrote an investment memo on M2P Fintech, Asia’s largest Digital Banking Infrastructure company. Why M2P Fintech? The financial ecosystem is rapidly evolving with technology, where platforms seek to embed financial solutions. Due to India's strict regulatory environment, partnerships with licensed financial institutions are essential but complex. M2P Fintech simplifies this process by offering API tools that enable any company to integrate fintech features seamlessly, functioning as a "Lego banking platform" where customizable pieces create diverse financial solutions efficiently. Read my full memo on M2P here: #Venturecapital #VC #Investmentmemo #M2P
M2P Fintech — Investment Memo
medium.com
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We're excited to lead today's USD 33m Series A investment round in online banking platform Constantinople. The Australia-based tech platform helps retail and business banks improve customer relationships across transaction banking, payments, and lending. Read more on the announcement in our newsroom by clicking below. #Prosus #Funding #Banking #Fintech
Prosus Ventures leads USD 33m Series A investment in Australia-based banking platform Constantinople
prosus.com
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Fintech Partnerships in Banking: A Simplified Explanation Fintech partnerships are collaborations between traditional banks and innovative financial technology companies. These partnerships aim to combine the strengths of both parties to offer better products and services to customers. Why are fintech partnerships important? * Innovation: Fintech companies bring new ideas and technologies to the banking industry. * Efficiency: Partnerships can streamline processes and reduce costs. * Customer experience: They can help banks offer more personalized and convenient services. What are some examples of fintech partnerships? * Payment partnerships: Banks collaborating with payment gateways or mobile payment platforms. * Lending partnerships: Banks partnering with fintech companies to offer alternative lending products. * Wealth management partnerships: Banks working with fintech companies to provide investment and wealth management services. Let's explore the exciting opportunities of fintech partnerships! #FintechPartnership #Banking #Innovation #FinTech
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Cross-border payments fintech NEO (getneo.com) hits profitability after year of rapid growth Laurent Descout, co-founder and CEO of Neo, said:“When we founded Neo, we knew that businesses were being underserved by treasury management software and banks which was holding back their international aspirations. So, we built a solution using our own proprietary software which simplifies cross-border payments, FX and treasury, giving them everything they need to expand internationally, all in one place. Our solution comes with a top-class support team that helps clients on a daily basis and offers a level of service that banks have failed to provide for too long.” https://lnkd.in/gyTuReTq Emmanuel Anton Matt Harvey Anna D. Ian Yates #FFNews #Fintech #Finance #Banking #Paytech #Payments #Insurtech #Insurance
Cross-border payments fintech Neo hits profitability after year of rapid growth
ffnews.com
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In the rapidly evolving fintech landscape, Monese's recent financial disclosures offer a critical lesson on scalability and strategic pivoting. Despite impressive revenue growth, their significant loss and the subsequent "going concern" warning underscore the importance of robust financial planning and the agility to adapt business models in response to market demands. Monese's shift towards serving institutional customers through its core banking platform, XYB, reflects a strategic adaptation that many in the fintech sector may need to consider. This situation highlights the delicate balance between growth and sustainability in the competitive fintech ecosystem. Read more about Monese's experience and the valuable lessons it offers for fintech businesses: https://lnkd.in/drpeC3Tt #fintech #financialplanning #businessstrategy #marketdemands #institutionalcustomers
Monese racks up losses; warns on going concern status
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Fintech is revolutionizing financial services as we know them. Have we experienced the big breakthroughs so far or are we just at the beginning of a journey? Exciting insights by i.a. Deepak Goyal, Rishi V. et al. for Boston Consulting Group (BCG). #digitaltransformation #ecommerce #fintech #financialservices #payments #digitalEuro #nexi
Global Fintech 2023: Reimagining the Future of Finance
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[BNPL for Business] Technology Investment: The Key to Growth for Alternative Banking Providers Most fintech companies begin with a singular mission: to disrupt the market and provide cutting-edge solutions to lingering problems in the finance industry. But what happens after the initial launch? https://lnkd.in/dYV3aTaR 🚀 The Benefits of BNPL in the Business Sector 🌐 Transforms the consumer shopping experience, but also offers numerous benefits for businesses. 📈 Increased Sales 🌐 Expansion of Customer Base 💳 Simplified Financial Management for Businesses 🛡️ Credit Risk Minimisation 🚀 Generally with BNPL B2B 💎 competitive advantage and greater flexibility 👷 cost and time savings #buynowpaylater #bnpl #b2b #ecommerce #openbanking #psd2 #fintech #future #credito #cashflow #Allianztrade #money #startups #innovation #InnovazioneAziendale #PagamentiFlessibili #BusinessIntelligence #InStore #PayLink #Allianztradeitalia
[BNPL for Business] Technology Investment: The Key to Growth for Alternative Banking Providers
https://pausepay.it
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New-age #fintech firms have the potential to enhance and disrupt the #digital lending space, aid financial inclusion, and help financial institutions upgrade their technology infrastructure significantly, fintech leaders said on Friday. #Finance #Fintech #Finacial #FinancialInclusion #technology
Fintechs can boost digital lending, financial inclusion in India: Experts
financialexpress.com
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Traditional banking methods often slow you down with cooling-off periods. But not anymore! We empower businesses to add beneficiaries instantly, ensuring fund transfers without delays. How does it work? 👉 https://lnkd.in/gheDRYFD 👈 Read now & explore how Instantpay transforms the payment landscape for startups, SMEs, and large enterprises! #Fintech #PayoutSolutions #InstantPayments #BankingAPIs #Instantpay
How To Add a Beneficiary With No Cooling-off Period?
https://www.instantpay.in/blog
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