Tag Archives: The

Booming Startups in India in the Education Space

The evolution of the Ed tech Industry is of great significance in a country like India, where the IT industry has shown tremendous growth with the GDP in recent years. This sector is attracting a lot of innovative entrepreneurs and huge investments from funding agencies. There are around 2 million primary and secondary schools, 37,000+ colleges and 750+ universities in ... Read More »

Approaching Trade Finance From The Payables Side

Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular. High-profile corporate collapses and questionable invoice discounting programs run by major conglomerates has led financial officials in the U.K., U.S., Australia and beyond to take ... Read More »

Azimo, the money transfer service, secures €20M debt finance from the European Investment Bank

Azimo, the money transfer service that is HQ’d in London but has the majority of its staff based in based in Poland, has secured €20 million in debt from the European Investment Bank (EIB), the lending arm of the European Union. The financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the EU’s “Investment ... Read More »

From farm sector to personal finance, here’s The Indian Express’ full coverage of Budget 2020

Union Finance Minister Nirmala Sitharaman, flanked by her deputy Anurag Thakur (to her right) and a team of officials, shows a folder containing the Union Budget documents as she arrives at Parliament Facing one of the steepest slides in growth and just into the first year of its second term, the NDA-2 government decided to play safe when it came ... Read More »

Financial sector moves ahead on the back of tech

For an average Indian investor, if the turn of the 21st century was about moving beyond the comforts of fixed deposits to market-linked products, the first 10 years were spent discovering the imperfections of the market. Fragmented markets with regulators fighting over turf left investors confused and grappling for recourse. The start of this decade held out hope as the ... Read More »

How Fintech Reshaped Finance in the 2010s

Technology has transformed consumer behavior and business practices in many ways over the past decade. One segment, easily overlooked, is how much technology has changed the financial sector. Fintech, short for financial technology, is the act of using technology to better accomplish traditional financial tasks, usually by making them cheaper, safer, and more convenient. While it is well beyond the ... Read More »

Has India’s financial sector lost the plot?

Reforms have failed to boost public investment or provide relief to financial institutions. A comprehensive review is needed The outcome of reforms in India, in a broader sense, is remarkable. The breadth and depth of finance have vastly increased — be it in banking, financial markets, insurance, or fund management. Investment opportunities have grown with newer asset classes, an expanded ... Read More »

How To Empower The Next Generation Of Finance Leaders

The complex field of investment management is steadily evolving, and this means leaders from all sectors must keep their eyes peeled for new talent. But balancing retention and professional development on top of the seemingly endless recruitment process for top talent can be burdensome for business owners. To help remove some of the burden, here’s a rundown of what investment ... Read More »

The Education Department is cancelling $10.8 million in student loan debt for students at two shuttered schools

More than 1,500 former students at two shuttered schools will get a fresh start on their finances after the U.S. Department of Education said it will void their student loans. The department will cancel approximately 4,000 loans for ex-students at the Art Institute of Colorado and the Illinois Institute of Art, amid scrutiny from a Congressional committee and a class-action ... Read More »

The Shift Toward Decentralized Finance: Why Are Financial Firms Turning To Crypto?

A wave of crypto startups has washed upon the shores of the financial industry in the last couple of years. The industry leaders, aka banks and exchanges, have seemed invincible up until now. Nowadays, there are dozens of crypto startups racing to take over the stage. With the existing global financial system contributing to numerous inequalities, these startups have recognized ... Read More »