10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
FinTech

Vayana Gets NBFC Licence From RBI, Eyes $20 Mn Fundraise


SUMMARY

While Vayana is in talks with existing backer SMBC Asia Rising Fund for the round, the fintech is also scouting a fresh investor to lead the potential fundraise

The NBFC licence will enable Vayana to sign co-lending partnerships with large lenders, and take part of the loan exposure on its own books

In August 2024, Vayana raised $20.5 Mn as a part of its Series D round led by SMBC Asia Rising Fund, valuing the PayU-backed fintech platform at $240 Mn

Supply chain financing platform Vayana has reportedly received a…



Source link

by Tech In Asia

Standard Chartered will provide transaction banking and financial market services for DeCard, including cardholder top-up processing. Source link

by Tech In Asia

Strategy shares rose 3.2% in premarket trading after bitcoin’s price climbed back above US$106,000. Source link

by Tech In Asia

Since its launch in 2024, OneLot has issued over US$7 million in loans to more than 150 dealers. Source link