MPOWER Financing, a fintech platform and provider of education loans to students, has announced that it has raised an equity investment of $100 million. The funding is in addition to the $30 million MPOWER Financing raised earlier this year from Tilden Park Capital Management, which also participated in the current round, and ETS Strategic Capital…
Paytm is doubling down on efforts to hire from smaller towns said Vijay Shekhar Sharma, Paytm CEO. The fintech firm will also allow these employees to continue working from home instead of moving to other cities where the offices are located, keeping the healthcrisis in mind. He said during ClearTax e-Invoicing Leadership Conclave – “We…
Bangalore-based financial services firm has secured $7 million in fresh round of funding led by PayU. The round also saw participation from existing investors Quona Capital and Saama Capital. New product development and customer acquisition are areas in which the firm seeks the use the fund raised. While also focusing on its product portfolio, the…
Shashank Joshi, a renowned entrepreneur in India, and BlocPal International have announced their partnership to form a new India based fintech company, mBnk. The company will initially focus on enabling premium retailer locations in rural and semi-urban areas across the country to provide essential financial and banking services to their communities. Of a total population…
Financial technology company SmartAsset recently announced the expansion of its executive leadership team with the hire of Aniket Gune as Senior Vice President of Product Management. In his new role at SmartAsset, Gune will be responsible for building and executing a product strategy that pursues the company’s mission to empower people to make smart financial…
San Francisco-based financial technology company Taulia, recently announced that it has appointed Christian Lindemann as Director of Supply Chain Finance EMEA. Christian is based in Switzerland and will be the EMEA region’s Working Capital Solutions Expert. In an official statement, the company said, “In an all-encompassing role, Christian will use his deep Supply Chain Finance…
Fintech and data compay S3 Partners recently announced the appointment of veteran fintech executive Palak Patel as the company’s Chief Revenue Officer. In this newly-created role, Patel will oversee Global Enterprise and Platform Business Development for the full suite of S3 products and report directly to Bob Sloan, Managing Partner of S3. A seasoned Capital…
Jack Dorsey-founded mobile payments company, Square Inc. has recently announced its permanent work-from-home policy for most of the employees. The recent announcement comes just a week after Twitter CEO and Co-founder Jack Dorsey did the same for Twitter employees. According to a Verge report, Square employees will now be able to work from home even…