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Financial technology (also called FinTech) is an industry composed of companies that use technology to offer financial services. These companies operate in insurance, asset management and payment, and numerous other industries. FinTech has emerged as a relatively new industry in India in the past few years.
"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry.This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as ...
Oracle Financial Services Software – Bagmane Tech Park, Bangalore Oracle purchased Citigroup's 41% stake in i-flex Solutions for US$593 million in August 2005, [5] a further 7.52% in March and April 2006, and 3.2% in an open-market purchase in mid-April 2006.
While global stock markets reset and U.S. tech unicorns readjust to new expectations and valuations, India’s tech renaissance is just beginning to flourish. Infosys founder Nandan Nilekani calls ...
India’s fintech market is ballooning thanks to several factors within the country, including favorable demographics, growing technology adoption among its citizenry, higher disposable incomes ...
Paisabazaar is an Indian digital loan and credit card platform. [1] It is a part of PB Fintech (formerly EtechAces Marketing and Consulting). [ 2 ] [ 3 ] In 2020, Paisabazaar was India's largest digital consumer credit marketplace, with a 51.4% market share in terms of disbursals.
Millennium IT Towers is an information technology (IT) park situated in the city of Visakhapatnam, India.It was set up for the growth of information technology [2] and as an initiative in making Visakhapatnam city as a Financial-tech (Fintech) Capital [3] [4] in the state of Andhra Pradesh by the APIIC and Government of Andhra Pradesh.
(Reuters) -Shares of Indian fintech firm Paytm jumped nearly 6% on Wednesday after the country's payments regulator allowed the company to sign new users for digital payments via UPI, which ...