FinTech Festival India, the country’s biggest FinTech event was held between July 20 and 22, 2022 at Pragati Maidan, Delhi, organised by Constellar and supported by Niti Aayog and six central government ministries.

Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill. Launched in 2016, London-based WonderBill allowed consumers to manage all their household bills and subscriptions.

In a harbinger of hard times to come for financial technology fundraising, fintech cheerleader SoftBank has posted a record loss at its Vision Fund investment arm amid a rash of downgrades among its portfolio companies.

Amon Ghaiumy is CEO and Co-founder of Ophelos, a technology firm helping businesses and their customers to resolve debt with a fairer, more manageable approach. Founded in July 2021, Ophelos is committed to creating a better debt resolution process through customer-centric product development and machine learning technology.

Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, online store providing applications and services for use on Azure. Backbase customers can take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

Crypto.com, the world’s fastest growing cryptocurrency platform, announced today it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.

Geopagos, the payment acceptance infrastructure with the most comprehensive omnichannel offering in Latin America, has announced that it has received a $35 million equity round led by Riverwood Capital, a global investor in high-growth technology companies, with participation in Endeavor Catalyst. The round represents the company’s first institutional financing and will facilitate the acceleration of its expansion plan in Latin America while increasing investments in its technological infrastructure.

Penfold, the digital pensions platform, today announces the close of its £7m Series A funding round. This follows the significant expansion of the business and the launch of its workplace pension platform in late 2021. 

Digital payment expert, PayPoint, is expanding its range of solutions available to help local authorities financially support the most vulnerable people in their communities. The launch of Love2shop Essentials Range, developed in partnership with Appreciate Business Services, the home of Love2shop, follows the success of PayPoint’s Cash Out offering.

Digital Investment Platform Stackwell Closes $3.5M Round