Former chancellor Hammond’s fintech company Railsr considers merger with Equals

A British fintech company led by former chancellor Lord Hammond of Runnymede has merged with its London-listed counterpart. Sky News learned about Railsr, lord hammond It only joined last month and has written to Equals Group proposing to merge the two companies. It was unclear Wednesday when this agreement was reached and whether active discussions … Read more

Trust Fintech submits draft document to NSE Emerge to raise funds through IPO

Published by: Muhammad Haris Last updated: February 12, 2024 16:10 US Standard Time Trust Fintech, a fintech software solutions provider specializing in SaaS products, said on Monday it has submitted draft documents to NSE Emerge to raise funds through an initial public offering (IPO). Additionally, the Nagpur-based company also announced plans to increase its headcount … Read more

Ex-X CEO Jack Dorsey’s fintech lays off 1,000 employees: All the details

Published by: Shaurya Sharma Last updated: January 31, 2024 11:17 UTC San Francisco, California, USA Block, the financial services company owned by Jack Dorsey, is to cut nearly 1,000 jobs, affecting staff at its Cash App, Afterpay and Square subsidiaries. According to Insider, approximately 1,000 people, or 10% of Block’s workforce, are affected by this … Read more

Stocks to watch on January 31: TCS, L&T, Dr Reddy’s, Voltas, PB Fintech and more

Stocks worth watching today: As per indications from GIFT Nifty, the benchmark Sensex and Nifty indices are expected to start trading in negative territory on January 31, indicating a weak start for the overall index with a marginal gain of 39 points. On January 30, India’s stock market benchmark index gave up some of the … Read more

Third quarter results announced today, January 30: L&T, Piramal Pharma, Adani Total Gas, PB Fintech, etc.

Today’s third quarter results: On January 30, the Indian stock market will usher in a flurry of activity, with numerous companies across various industries planning to disclose third-quarter earnings results. More than 90 companies are expected to report third-quarter results today. Also read: Stocks to watch on January 30: Reliance, ITC, GAIL, NTPC, Bajaj Finance … Read more

RBI releases draft framework for fintech self-regulatory body

As per the draft norms, the SRO will ensure adherence to industry standards and facilitate a transparent communication channel with the RBI. Self-regulation within the fintech sector is a preferred approach to achieve the desired balance Indian financial technology (fintech) companies should form a self-regulatory organization (SRO) that will ensure statutory and regulatory compliance, the … Read more