The company received an NBFC (non-banking financial company) license from Reserve Bank of India in 2017 that allows it to offer financial products and services to customers.
Cairo-based payment startup Paymob has raised USD 3.5 million investment in a round led by Dubai’s Global Ventures and Dutch Entrepreneurial Development Bank FMO, with the participation of existing in
The total value of all known unicorns based in India is USD 73.2 billion, while the value of unicorns founded overseas by Indians sums up to USD 99.6 billion.
By 2025, China’s online mutual aid industry is expected to reach 450 million users, or nearly 32% of the country’s population, three times the number of current users.
Chinese ride-hailing giant Didi Chuxing has already entered into a ‘strategic partnership’ with the central bank over the sovereign digital currency plan.