Digital payments major PayU has invested $5 million in Mumbai-based cross border payments platform BriskPe, the company said in a press note today. This is the first institutional funding round for the startup.The investment is part of PayU’s efforts to build a full stack payments platform across both domestic and international payments. It will help complement PayU India’s existing offerings for exports and imports, the company said.BriskPe was one of 30 early stage fintech startups which...
The regulatory action on Paytm Payments Bank has brought the mobile wallet business of the entity, one of its most popular offerings, to a grinding halt. While it cannot add new customers as per the Reserve Bank of India diktat, transactions on the platform have fallen drastically over the last three months as consumers slowly move out of Paytm Payments Bank’s wallet ecosystem.According to data released by the RBI, Paytm Payments Bank reported 7.4 million fund transfer transactions in its...
Agritech startup Superplum, which sells premium fresh fruits, on Monday said it has raised $15 million from investors to expand its business. The company said it has completed the Series A funding round to raise $15 million. The round was led by the company's incoming chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman. He joins a strong group of current investors including Mark Siegel, Dan Rose, Steve Jurvetson, Rick Kimball,...
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
Happy first of the month! There are many events to participate in or attend to celebrate Cinco de Mayo this week in Denver.
Thinking about starting a business? Here's what you need to know before you get registered, invest in your startup costs, or make your first sale.
A family-owned transportation business based in Girard is opening two new locations in neighboring states.
Estimates. Firmer numbers are usually on Monday.TOP 5 DOMESTIC BOX OFFICE1. THE FALL GUY ($28.5M)2. STAR WARS: THE PHANTOM MENACE ($8M)3. CHALLENGERS ($7.6M)4. TAROT ($6.5M)5. GxK ($4.5M)The summer season is still in deep freeze--down 53% versus last year. APES will be looking to flip that narrative next weekend.— Exhibitor Relations Co. (@ERCboxoffice) May 5, 2024Welcome to Summer Movie Season!And despite The Fall Guy opening pretty well, comparitively, we're down 53%, as last year Mario was...
The SuFly Sketch Book is your canvas for creative expression. This superbly crafted, spiral-bound sketchbook is designed with the professional artist, the art student, and the hobbyist in mind. It's not just a human-made product, but a union of functionality, durability and versatility on Amazon. On opening this sketchbook, you are greeted with 200 sheets of high quality, acid-free, PH-neutral drawing paper. With a sturdy 100gsm thickness, these sheets can withstand multiple wipes while...