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Societe Generale is set to launch a dollar-pegged stablecoin, marking a significant move in the financial sector. This initiative reflects the growing interest in digital currencies and their integration into traditional banking systems. The stablecoin aims to provide stability and efficiency in transactions.
Franklin Templeton has introduced an innovative 'Intraday Yield' feature for its Benji platform, enhancing the investment experience for users. This new functionality aims to provide real-time insights into yield performance, reflecting the company's commitment to leveraging technology in finance.
FlexiLoans, a non-banking financial company (NBFC), has secured INR 375 crore in funding to enhance its product offerings. This investment aims to strengthen the company's position in the market and expand its services to better meet customer needs.
Finhaat is revolutionizing the insurance landscape in India's rural markets by providing accessible and affordable insurance solutions tailored to the needs of underserved communities. The initiative aims to enhance financial security and promote awareness about the importance of insurance among rural populations. Through innovative strategies, Finhaat is bridging the gap between traditional insurance offerings and the unique challenges faced in these regions.
Wow! Momo has successfully raised INR 85 crore in debt financing from Stride Ventures. This funding will support the company's growth initiatives and expansion plans in the competitive market.
[CFO StraTech 2025]
Swiss bank customers express general satisfaction, particularly with security (8.2/10) and online banking (8/10). However, many are frustrated by low interest rates (6.4) and high fees (6.9). Neon leads in overall satisfaction (8.3), while UBS ranks lowest for interest rates (6.1) and fees (5.8).
Tonik aims to achieve cash flow breakeven by 2025 as it continues to reduce its losses. The company is focused on improving its financial performance in the coming years.
GIC has led a $72 million funding round for the Indian fintech unicorn Cred. This investment highlights the growing interest in India's fintech sector and Cred's potential for expansion in the market.
Bengaluru-based fintech unicorn Cred has secured ₹617 crore (US$72 million) in a funding round led by Singapore’s GIC, which invested ₹354.4 crore (US$41 million). Despite a valuation drop from US$6.4 billion in 2022 to about US$3.5 billion, Cred reported a 66% revenue growth to ₹2,473 crore in FY24, reflecting a broader fintech recalibration. The company has expanded its offerings beyond credit card payments to include lending, e-commerce, and wealth management, targeting affluent consumers in India.
Fintech Startups
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Societe Generale to introduce new dollar-pegged stablecoin initiative
02:14 11.06.2025
Franklin Templeton launches intraday yield feature for Benji investment platform
22:03 10.06.2025
FlexiLoans secures 375 crore funding to enhance product offerings
20:54 10.06.2025
Finhaat's Innovative Approach to Expanding Insurance Access in Rural India
14:24 10.06.2025
Momo secures 85 crore INR in debt financing from Stride Ventures
13:00 10.06.2025
cfo stratech 2025 mumbai driving digital transformation and financial resilience
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12:26 10.06.2025
Swiss Bank Customers Express Dissatisfaction Over Low Interest Rates and High Fees
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10:10 10.06.2025
Tonik aims for cash flow breakeven by 2025 as losses decrease
09:06 10.06.2025
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cred secures 72 million funding led by gic amid valuation drop
07:51 10.06.2025
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