Tazapay, a leading fintech company specialising in cross-border payments, announced today that it has raised USD 16.9 million in its Series A funding round.

Sequoia Capital Southeast Asia led the round, with EscapeVelocity (escp.vc), PayPal Alumni Fund, as well as renowned angel investor Gokul Rajaram, joining as new investors. Existing investors Foundamental, January Capital, RTP Global and Saison Capital also participated in this round.

In the face of a shrinking economy, founders of early-stage software companies are looking for safety in numbers when it comes to co-founding teams; investors are more discerning, with a focus on quality over quantity; and start-up growth is moving away from HR and employee collaboration tools and towards the finance, compliance, DevOps and productivity categories.

Vayana TradeXchange (VTX) the leading International Trade Finance Services (ITFS) platform conducted a roadshow in association with International Financial Services Centres Authority (IFSCA) the unified regulator at Gujarat International Finance Tec-City - International Financial Services Centre (GIFT-IFSC).

The Fintech Meetup’s 5^th edition of the annual Fintech Yatra is set to flag off in Mumbai from today. At least 25 VCs have tied up with Fintech Yatra 2023, which will offer $100 million in capital and identify and explore investments in the most promising fintech startups. The team this year shall undertake a 12,000 km journey across 20 cities, interacting with an estimated 400+ fintech startups.

Prizeout Corp.

Bridging loans and fintech are alike in that they both provide alternative forms of financing for individuals and businesses. Bridging loans, also known as bridge loans, are short-term loans that are used to bridge the gap between the purchase of a new property and the sale of an existing one. They are typically used by real estate investors and developers to finance the purchase of a property before they have sold their current one.

With transaction volumes, customer expectations, and competitive threats at an all-time high, banks must adapt quickly to keep pace. To address these challenges, Oracle today launched Oracle Banking Cloud Services, a new suite of componentized, composable cloud-native services.

NCR Corporation (NYSE: NCR) reported financial results today for the full year and three months that ended December 31, 2022. Full-year and fourth-quarter results and other recent highlights include:  

• Delivered strong full-year and fourth-quarter 2022 results 

• Full-year revenue of $7.8 billion, up 10%; up 13% on a constant currency basis  

Multicloud is the new reality in enterprise technology according to a study from 451 Research, part of S&P Global Market Intelligence, commissioned by Oracle Cloud Infrastructure.

Today, Coincover – the leading digital asset protection technology company – announced $30M in funding, led by Silicon Valley’s Foundation Capital. The fresh capital will accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem – preventing, compensating, and protecting against crypto threats.