🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Digital banking platform MobiKwik launches Lens for financial wellness and money management
IndianStartupNews
·
1y ago
Medial
MobiKwik, a digital banking platform, has launched a new financial tool called "Lens" to help users better understand and manage their finances. "Lens" operates on the Account Aggregator framework, ensuring secure and efficient data sharing across different financial institutions. It assists users in monitoring transactions, bank account balances, spending habits, investments, and more, facilitating better budget planning. The tool also offers a "Highlights" feature, alerting users to important financial events and providing insights into their expenses over time. MobiKwik plans to enhance "Lens" with new features in the future.
View Source
Related News
IndusInd Bank launches digital banking platform to empower MSMEs
Economic Times
·
1m ago
Medial
IndusInd Bank has launched 'INDIE for Business,' a digital banking platform aimed at empowering MSMEs in India. The platform offers comprehensive banking services, including payments, loans, collections, and account insights, and targets reaching over 60 million enterprises in the MSME segment. It features a 360° view of business accounts, real-time loan tracking, digital self-onboarding, and enables tax payments. The platform aims to simplify banking and provide financial control for MSMEs.
View Source
AI is the future: Wegofin founder Prabhu Kumar shares his vision on growth and innovation in business banking
Economic Times
·
11m ago
Medial
Wegofin is revolutionizing modern banking with its AI-driven platform that simplifies financial management for small and medium-sized enterprises (SMEs). The platform seamlessly integrates all banking aspects into a single interface, offering real-time updates, easy onboarding, and cohesive management capabilities. By automating tasks and providing advanced categorization features, Wegofin empowers businesses to operate more efficiently and focus on growth. The platform also offers custom solutions for large enterprises, digital taxation and compliance tools, and secure online remittance services. With Wegofin, businesses can access smarter and more personalized financial solutions.
View Source
How digital lending SaaS startup Cloudbankin is streamlining loan disbursal for banks and NBFCS
YourStory
·
1y ago
Medial
Chennai-based software firm Cloudbankin offers lending software that enables unsecured loan approvals in under ten minutes. Their integrated APIs automate the process using credit bureaus and financial analysis, streamlining the onboarding experience. Cloudbankin provides technology solutions to lenders, banks, and non-banking financial companies (NBFCs), rather than directly offering loans. Their AI-powered platform offers loan origination and management software, a business rule engine, accounting system, and a customer self-servicing app. Cloudbankin aims to expand its reach by partnering with more financial institutions and developing solutions for digital banking, personalized financial management, and risk assessment.
View Source
PhonePe launches account aggregator services, integrates with various banks
Money Control
·
2y ago
Medial
PhonePe, a digital payments platform, has introduced account aggregator services and integrated with multiple banks, as per the article. The new feature allows PhonePe users to access their financial data from various banks through a single platform, offering a consolidated view of their accounts. This integration enhances convenience and simplifies financial management for PhonePe users, further expanding the platform's offerings.
View Source
Cred's Kunal Shah doubles down on affluent users, launches unified financial data platform
Money Control
·
1y ago
Medial
Fintech app Cred has launched Cred Money, a unified money management dashboard that aggregates a customer's financial data on a single platform. The app aims to provide affluent customers with a greater level of control over their finances, bringing together information such as bank accounts, transactions, subscriptions, bill payments, and more. Cred Money is built on top of the government's Account Aggregator framework, ensuring that all data is collected with customer consent. While other banks and fintech apps offer similar platforms, Cred's extensive financial data collection has raised concerns among customers and banks.
View Source
Zactor Tech raises pre-seed round at valuation of $3 Mn
Entrackr
·
1y ago
Medial
Financial wellness and literacy brand Zactor Tech has secured an undisclosed amount of funding in its pre-seed round at a valuation of $3 million co-led by HNIs. The funds will be allocated towards product development, user acquisition and financial literacy, Zactor said in a press release. Co-founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor is a digital platform for personal finance. Zactor focuses on modernizing personal finance with technology, covering every aspect including Goals, Investment, Retirement, and Insurance Planning. With more than 7 years of experience in wealth Management, the duo have identified the major gap in the personal finance space and they want to build India’s first financial wellness platform to provide a personalized financial path for everyone. It offers a goal-based saving platform for users to maintain financial wealth. Zactor claims to have witnessed a monthly user growth of 2x from the last 6 months.
View Source
RupeeRedee’s NBFC FincFriends Bags $7.8 Mn In Debt & Equity
Inc42
·
1y ago
Medial
Digital lending platform RupeeRedee's non-banking finance company (NBFC) arm, FincFriends, has raised $7.8 million in a strategic funding round. InCred Finance and Grow Money Capital led the financing, injecting $3 million in equity, while APV Management contributed the remaining amount in equity and debt. The funding will be used to support FincFriends' growth, expand its product portfolio, and scale its operations. FincFriends offers digital loans and financing solutions, catering to underserved customers in India's digital lending ecosystem. Despite increased scrutiny on the sector, digital lending continues to attract entrepreneurs and investors.
View Source
MobiKwik incorporates wholly owned NBFC subsidiary
Economic Times
·
3m ago
Medial
MobiKwik has established a wholly-owned subsidiary, MobiKwik Financial Services Pvt Ltd (MFSPL), to offer non-bank financial services, receiving necessary approvals from the Ministry of Corporate Affairs. MFSPL will operate as a non-banking finance company, engaging in leasing, hiring, and purchasing of various properties and assets. This move, alongside partnerships like the one with Poonawalla Fincorp for personal loans, aims to expand MobiKwik's service portfolio, enhancing competition with rivals like Paytm.
View Source
Infosys launches GIFT City Development Centre to serve global BFSI clients
YourStory
·
2m ago
Medial
Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City) to serve global banking, financial services, and insurance clients. The centre will employ around 1,000 people in a hybrid work model, focusing on advanced digital solutions in areas like digital banking, regulatory affairs, trade finance, and more. Leveraging technologies such as AI, cloud, and blockchain, this initiative aligns with Infosys' ESG commitments, enhancing India's position in global financial technology.
View Source
Hitachi Payment Services launches first ever UPI-ATM
Startup News FYI
·
1y ago
Medial
Hitachi Payment Services has launched India's first-ever UPI-ATM as a White Label ATM in partnership with the National Payments Corporation of India (NPCI). This UPI-only ATM offers card-less cash withdrawals, enhancing security by eliminating the need for physical cards. The Hitachi Money Spot UPI ATM aims to provide a unified and secure user experience while promoting financial inclusion in areas with limited traditional banking infrastructure. It leverages advanced technology to deliver a seamless digital experience for customers. Hitachi Payment Services is known for innovative offerings in the payments domain and is the only White Label ATM operator offering Cash Deposit facilities at over 3,000 ATM locations.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
