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Global Fintech Fest 2023 – Outcomes

Fintech Staff Writer
3 days, 125+ Countries, 800+ Stalwarts, 15+ Thought Leadership Reports, 81 Papers, 50+ Workshops, 250+ Sessions, 250+ Investors, 500+ exhibitors, 50000+ Delegates and the list goes on… What more can we expect from GFF23? GFF23- Agenda GFF 2023 was held at the Jio World Convention Centre in Mumbai from September......
Applied Industrial Technologies Acquires Bearing Distributors and Cangro Industries
Investment Services News

Applied Industrial Technologies Acquires Bearing Distributors and Cangro Industries

Business Wire
Strategic Investment Within Applied’s Core Service Center Network Applied Industrial Technologies announced the acquisition of both Bearing Distributors, Inc. (Bearing Distributors) and Cangro Industries, Inc. (Cangro), providers of bearings, power transmission, industrial motion, and related service and repair capabilities. Bearing Distributors is based in Columbia, South Carolina, while Cangro is......
Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation
Investment Services News

Mujin Secures $85 Million in Series C Funding to Accelerate Adoption of Intelligent Robotic Automation

Business Wire
Japan’s fastest-growing intelligent robotics company, Mujin, secures capital to pave the way for a new era of robotic automation Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has successfully raised $85 million in its Series C funding round, reflecting the company’s rise to market leadership.......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Numeral Raises $3 Million in Seed Round to Reimagine High-Volume Accounting Automation
Business Finance News

Numeral Raises $3 Million in Seed Round to Reimagine High-Volume Accounting Automation

Business Wire
San Francisco-based Numeral spearheading the future of accounting for high-volume businesses Numeral, the subledger for high-volume businesses, announced the closing of its oversubscribed seed round. The company has raised $3,000,000 in this recent round led by Bienville Capital with participation from AngelList Quant Fund, executives from Kruze Consulting, and accounting......
B2B Finance News

Zanifu, A Kenyan Fintech Provides Inventory Financing

Fintech Staff Writer
Inventory finance to M&SMB Beyond Capital Ventures and Variant Investments led the $11.2 million debt-equity funding round for Kenyan fintech Zanifu, which provides inventory finance to M&SMBs. Existing investor Launch Africa was joined by new investors Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and Launch Africa. The business......
Ramp Announces $300 Million in New Funding to Accelerate Expansion in New Categories
B2B Fintech News

Fintech Company Ramp Bags $300Million At A Lower Valuation

Fintech Staff Writer
Significant valuation reductions Large private companies like Stripe and Klarna have experienced significant valuation reductions.Ramp, as other fintech startups, has experienced a valuation reduction in the past 18 months. Ramp, a fintech firm, raised $300 million from Thrive Capital and Sands Capital at a $5.8 billion valuation. Read: How AP......
Banking Fintech Fintech Primers Technology

Can Fintech Survive Without IT Support? Let’s Know With Experts!

Pooja Choudhary
Quite a challenging topic! I’m sure you wouldn’t have come across such coverage before on the internet. This is the first blog on this topic- “Can Fintech Survive without IT Support?” Might sound surprising but couldn’t resist writing about this. Before jumping to a straightforward answer to this question posed,......
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