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JPMorgan Chase To Buy Boston FinTech 55ip

PYMNTS

Morgan Asset Management has announced that it has agreed to acquire FinTech 55ip , which works to help financial advisors deliver tax-smart investment strategies, according to a press release. Nair will stay on as a consultant and special advisor to J.P. Morgan Asset Management, the release stated.

FinTech 91
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VC Funding to Indian Fintech Companies Drops 57.6% YoY

Fintech News

In Q1 2024, venture capital (VC) funding for fintech companies in India declined substantially, falling by a staggering 57.6% During the quarter, Indian fintech companies secured only US$550.8 In 2023, Indian fintech companies secured about US$2 billion in VC funding through 143 rounds, down from US$5.4 billion in 2021.

FinTech 108
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Top 8 Fintech Investors in Indonesia Fueling The Revolution

Fintech News

Indonesia’s fintech landscape is booming. Customer penetration for payments, lending, and wealth in Indonesia, Source: Indonesia’s Fintech Industry is Ready to Rise, AC Ventures/BCG Group, March 2023 Growth in the Indonesian fintech market is projected to carry on moving forward. year-over-year, reaching 10.3

FinTech 120
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7 Fast-Growing Fintech Startups in Thailand

Fintech News

Fintech startups in Thailand are poised for success with real-time transactions are being adopted at a faster than anywhere else in Southeast Asia, cashless payments have reached ubiquity and digital lending is emerging as a compelling alternative to traditional lenders for rural populations, a 2023 report by Wing Vasiksiri and Ravenry reveals.

FinTech 109
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Celebrating 10 Female Leaders Leading the Fintech Revolution in APAC

Fintech News

In celebration of this year’s International Women’s Day on 8 March, the Fintech News Network is unveiling its selection of ten of the most influential female fintech leaders in Asia Pacific (APAC). These trailblazers are elevating the industry, demonstrating resilience and leadership in the ever-evolving fintech landscape.

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Bambu Shuttered Operations in Dec 2023 After Failing to Achieve Profitability

Fintech News

Singapore-based fintech startup Bambu had shuttered its operations as of 31 December last year, following the decision made jointly by its management and investors, according to Tech in Asia. The company launched its flagship product, Bambu Go, in November last year—a customisable robo-advisor aimed at mass retail investors.

Shutdown 112
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Capco Appoints Anil Nanda as Partner and UK & Europe Head of Payments

Fintech Finance

Capco , the global management and technology consultancy, has appointed Anil Nanda as a new Partner and UK & Europe Head of Payments, based in London. Capco is uniquely positioned to be the technology and consulting partner of choice for payment players, and I’m very excited to take on this new role.”