London-based investment firm Actis has sold shares worth approximately ₹151.6 crore in Indian fintech company Pine Labs through a market transaction, continuing the trend of stake sales by early investors following the expiration of the company’s post-IPO lock-in period. According to exchange data, Actis Pine Labs Investment Holdings offloaded 9.83 million shares at a price … Read more
Egypt-based fintech startup Blnk has secured a total of US$37.1 million in fresh funding, comprising US$12.5 million in Series A equity financing and US$24.6 million in debt funding, as the company looks to scale its point-of-sale lending platform and expand financial access for underserved consumers. The funding round highlights growing investor confidence in Egypt’s digital … Read more
Paisagrowth, a fintech business, announced today that it has acquired $250,000 in initial funding from GSF, a leading startup accelerator, and other investors. Anurag Tiwari, a former Business Development Manager at Loansimple, Aabhas Tripathi, a former top Strategy Executive at Fitso, and Abhishek Sharma, a former Vice President of Engineering at Loansimple, founded the company … Read more
