Tag: Banking

  • American Express India appoints Sanjay Khanna as CEO

    American Express India appoints Sanjay Khanna as CEO

    The U.S based leading private sector bank, American Express Banking Crop has announced the appointment of Sanjay Khanna as the Chief Executive Officer (CEO) and country manager of American Express India. Sanjay heads the country executive team and is responsible for driving growth across the organization’s consumer and commercial businesses. In his new role, Sanjay […]

  • Fullerton India secures Rs 2,795 crore via ECB route

    Fullerton India secures Rs 2,795 crore via ECB route

    Fullerton India on Monday said, “It has successfully raised ₹2,795 Crores ($ 350 mn), through the external commercial borrowing (ECB) route.” The Company has raised the loan at a margin of 122 basis points over the SOFR (Secured Overnight Financing Rate) for a tenor of 5 years from Sumitomo Mitsui Banking Corporation (SMBC) Singapore via […]

  • AI & RPA can assist NBFCs with quick decision-making: Sanjay Sharma, Managing Director of Aye Finance

    AI & RPA can assist NBFCs with quick decision-making: Sanjay Sharma, Managing Director of Aye Finance

    In an interview with TechGraph, Sanjay Sharma, Managing Director of Aye Finance said, “Technologies like AI and RPA can also assist NBFCs with quick decision-making.” Read the complete interview: TechGraph: Could you help explain how far Aye Finance has come since its existence? From when it began to where it is now? Sanjay Sharma: Aye […]

  • AI & Data Science have a bright future: Ankit Sinha, VP of Cloud Practices & Consulting, Searce

    AI & Data Science have a bright future: Ankit Sinha, VP of Cloud Practices & Consulting, Searce

    Speaking to TechGraph, Ankit Sinha, Vice President (VP) of Cloud Practices and Consulting, Searce has said, “Artificial Intelligence and Data Science have a bright future because of the advanced automation they offer for various applications we use daily.” Read the complete interview: TechGraph: How is Searce utilizing its sectoral expertise and digitalization to provide data-centric […]

  • BaaS Platform Buildd secures $2 Mn from Picus Capital & Mankekar Family Office

    BaaS Platform Buildd secures $2 Mn from Picus Capital & Mankekar Family Office

    India-based Banking as a Service (BaaS) platform, Build has secured $2 Million in pre-series A round funding led by Germany-based Picus Capital, in participation from Mankekar Family Office. The startup is also backed by a clutch of angel investors like Ranjeet Singh (co-founder – Pratilipi), Kunal Sharma (ex-Freecharge), Nitin Agarwal (Founder – B21), Aniruddha Patwardhan […]

  • Early-stage VC 8i Ventures makes partial exit from M2P Fintech

    Early-stage VC 8i Ventures makes partial exit from M2P Fintech

    8i Ventures, an early-stage venture capital fund, has made a partial exit of its seed investment in M2P Fintech at a 36X multiple clocking an IRR of 415% over 2 years. M2P offers Banking-as-a-Service (BaaS) to over 500 fintech, along with non-banking financial companies (NBFCs), banks, and other financial service companies. Following this partial exit […]

  • AI & ML have transformed the way the financial sector seeks to prevent fraud: P. Venkatesh of Maveric Systems

    AI & ML have transformed the way the financial sector seeks to prevent fraud: P. Venkatesh of Maveric Systems

    Maveric Systems’ Co-founder and Director, P. Venkatesh tell TechGraph that, “AI and ML have already transformed the way the financial sector seeks to prevent fraud. With the help of these technologies, any suspicious transaction or intrusion is detected in real-time.” Read the complete interview: Could you help give a sense of how far Maveric Systems […]

  • IIFL Finance, Open Financial to launch Neobank for MSMEs

    IIFL Finance, Open Financial to launch Neobank for MSMEs

    IIFL Finance Limited and Open Financial Technologies have announced the launch of its joint venture (JV) to launch India’s first neobank for MSMEs customers. The initial capital of the joint venture company will be Rs.120 crore, and the JV composition between IIFL Finance and Open is 51:49. The name of the joint venture would be […]

  • Crypto financial institution Unicas launches its new physical branch in Janakpuri

    Crypto financial institution Unicas launches its new physical branch in Janakpuri

    Unicas a crypto-financial institution with physical branches has announced the opening of another branch in Janakpuri, West Delhi. Cashaa, a global banking platform in partnership with the United Multistate co-op society, had launched Unicas in India, to empower users with the freedom to transact in fiat and crypto through a single account. The new branch […]