Author: nripn

Here are the takeaways from today’s Morning Brief, which you can register to receive every morning in your mailbox accompanied by: The first results are in and Wall Street strategists publishing forecasts for 2025 see the S&P 500 (^GSPC) the rally will continue over the next 12 months. But one of the most popular themes of the last 18 months in the markets is missing from their benchmark expectations: artificial intelligence. AI has driven the market up a trademark market calls dating from spring 2023 when the first report on the explosive results of Nvidia’s cycle started A roaring bull…

Share Tweet Share Share E-mail Sabeer Nelli’s path to innovation is a remarkable story of evolution, resilience and transformation. The founder and CEO of Silver Zila leading B2B fintech platform, Sabeer did not start his career in the technology or financial sectors. Instead, his journey began with a passion for aviation, then branched out into the oil and gas industry before taking a giant leap into fintech. His story demonstrates how a commitment to solving real-world problems can fuel a company’s rise, taking it from humble beginnings to industry-changing achievements. Sabeer’s career began with an adventure away from…

Finastraa London-based financial software company that serves many of the world’s biggest banks, has confirmed it is investigating a data breach after a hacker claimed a compromise of the internal file transfer platform of the company. In a statement given to TechCrunch, Finastra spokesperson Sofia Romano confirmed that the fintech giant had detected what it called “suspicious activity” related to a “secure file transfer platform (SFTP) hosted internally” on November 7. News from the breach, first reported by cybersecurity journalist Brian Krebs, comes after someone claimed on a popular cybercrime forum to sell stolen files allegedly belonging to Finastra’s largest…

Emaar India, a leading real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing around Rs 1,000 crore in developing a luxury housing project named ‘Amaris’. The project, located on Golf Course Extension Road in Sector 62 of Gurugram, will be spread over 6.2 acres and is expected to comprise 522 premium apartments, with a total development potential of 15 lakh square feet. This project, launched in response to the growing demand for premium residences..

We recently published a list of 15 AI news that shakes up Wall Street. In this article, we’ll take a look at where Five9, Inc. (NASDAQ: FIVN) stacks up against other AI news shaking up Wall Street. US President Joe Biden met with Chinese President Xi Jinping at the APEC summit in Lima, Peru on November 16. According to the White House, the two men reached an agreement affirming that humans, not artificial intelligence, should make decisions on the use of technologies. nuclear weapons. “Both leaders affirmed the need to maintain human control over the decision to resort to nuclear…

Delhi-based fintech startup Credit flow secured $3.7 million (Rs 31.2 crore) in a pre-Series B round funding round, led by Inflexor Ventures and a family office based in Singapore. The funds are aimed at expanding its financial services and lending verticals, advancing technology and promoting innovation. The fintech company, which has already raised $9.2 million across two funding rounds, provides a technology platform aimed at addressing the financial challenges of small and medium-sized businesses (SMEs). Its offerings include invoice collection, payment management, automated reminders, financial analysis and customer relationship management tools. The platform aspires to serve as a comprehensive solution…

Free newsletterGet the latest Fintech Singapore news delivered to your inbox once a monthCross-border payments company XTransfer is leveraging its success in China to fuel an ambitious global expansion plan.Focusing on emerging markets in Southeast Asia, the Middle East and Latin America, the company aims to support small and medium-sized enterprises (SMEs) in their international growth with fast and convenient payment solutions .Speaking to Fintech News Singapore during the Singapore Fintech Festival 2024, Bill Deng, founder and CEO of XTransfer, shared the company’s future plans and growth strategy, including expanding its global presence and obtaining licenses in other jurisdictions.Bill Deng“In…

November 21, 2024 Written by FinTech Alliance in Financial Technology Brazilian fintech giant Nubank is considering moving its legal domicile from the Cayman Islands to the United Kingdom. The decision, which is reportedly being discussed with the UK government, aligns with the UK’s efforts to attract global technology companies. Although Nubank’s operations would remain in São Paulo, the move reflects its growth strategy and response to evolving global and local regulatory pressures. The UK’s appeal as a technology and fintech hub contrasts with Brazil’s growing capital needs, which could impact the profitability and growth of the fintech sector.Key points:Consideration of…

On Thursday, November 21, SMB-focused fintech startup CredFlow secured $3.7 million in a pre-Series B funding round, according to the company’s release. The round was led by two of CredFlow’s existing investors, Inflexor Ventures and a Singapore-based family office. The new money raised will be used to improve CredFlow’s financial services and lending and to improve its technology. Speaking about the latest funding round, Kunal Aggarwal, Founder and CEO of CredFlow, said: “CredFlow’s latest pre-Series B fundraising, led by Inflexor Ventures and a Singapore-based family office, reflects the trust that investors place in our team’s dedication to empowering SMEs and…

Black Line (Nasdaq: BL) received the Most innovative FinTech solution in the Tech Ascension Awards 2024, recognizing its excellence in providing cutting-edge solutions for finance and accounting teams. The company’s commitment to digital finance transformation has been highlighted through innovations such as the Journal Risk Analyzerlaunched in early 2024, which leverages generative AI to detect anomalies in journal entries.This recognition comes as BlackLine prepares for its annual North American User Conference, Beyond the darkin Orlando, Florida. This award validates BlackLine’s strategic focus on developing flexible, scalable solutions that enable CFOs to adapt to changing business…