Eleven startups selected for Microsoft for Startups AI Tech Accelerator
Microsoft for Startups Switzerland AI Tech Accelerator is a 3-month program designed to support Swiss-based B2B startups accelerate AI solution…
Tag: regulatory
Online lending startups face fraud, default allegations, raising questions over regulatory oversight – Indonesia Business Post
Online lending startups face fraud, default allegations, raising questions over regulatory oversight Indonesia Business Post Source link
Nigeria’s Fintech Regulatory Landscape: What Global Investors Should Know – The Fintech Times
Nigeria’s Fintech Regulatory Landscape: What Global Investors Should Know The Fintech Times Source link
Navigating the Crypto Regulatory Landscape: Impacts on Fintech Innovation and Startup Strategies – OneSafe Blog
With the crypto world always changing, it seems like regulatory clarity is going to be a key player in the…
Indian Startup News on Instagram: “Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans, and partnering with 30 companies over 4.5 years. Co-founder and CEO Aditya Kumar shared the update on LinkedIn, expressing surprise at the closure. “As a first-mover that saw scale quickly, I did not see this coming. We had done impossible: hired incredible teams, raised high-quality capital, while convincing large consumer internet platforms and industry-leading lenders to work with us to unlock value at scale,” he wrote. Niro reached $100 million in assets under management (AUM) within 24 months of launch and saw over 170 million users flow through its platform at its peak. However, Kumar cited regulatory pushback on personal lending, capital constraints, and challenges in pivoting business models as key reasons for the shutdown. #business #shutdown #entrepreneur #lending #startups #news #bengaluru #indianstartupnews”
Fintech lending startup Niro has officially shut down operations after raising $20 million in funding, disbursing $200 million in loans,…
Fintech startup Niro shuts business after failing to raise capital amid regulatory crackdown – The Economic Times
Embedded consumer-lending fintech Niro, which had raised capital from Rebright Partners and GMO Venture Partners, has ceased operations. “We had…