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Fintech

Business ·
Ventures Platform closes $83M second fund, expands beyond Nigeria into Kenya, South Africa, Egypt

Ventures Platform closes an $83M second fund, expanding beyond Nigeria into Kenya, South Africa, and Egypt with a focus on AI-driven cost structures.

Investors and founders in a meeting in Lagos, Nigeria, representing Ventures Platform's expanded Africa focus.
Business ·
Sachin Bansal’s Navi lands $100M from Prosus in first outside funding round

Navi, Sachin Bansal's fintech, raises $100M from Prosus at a $1.3B valuation — its first external funding. IPO plans and financials detailed.

Navi fintech office in Bengaluru with team reviewing financial data
Finance ·
India moves to overhaul UPI’s free-merchant-payment model with new legislation

India’s new legislation could allow merchant fees on UPI transactions, ending the zero-MDR regime. Analysts see a new revenue stream for fintechs and…

Shopper scanning a UPI QR code at a small merchant stall in India