Finance

Mon, 23 Dec 2024 2 Min Read

Siraj Finance PJSC signs an agreement with Azentio for iMAL core and digital financial services solution subscription optimization

SINGAPORE, Dec. 23, 2024 -- Siraj Finance PJSC, a leading Islamic Finance Company in the UAE, has signed an agreement with Azentio, a pioneer in the core banking technology service provider. The agreement represents the collaboration for implementation of the core and digital banking solution to further enhance the operational capabilities and digitization of Siraj Finance's product and service offerings. The step is directly in line with Siraj Finance's goal of providing diversified Islamic financial products and services via channels that are innovatively utilizing latest technology while remaining customer centric and regulatory compliant.

Tue, 10 Dec 2024 4 Min Read

VERO Labs Joins Forces with Avalanche to Launch Community Finance (CoFi) Model on Layer 1 (L1) Blockchain

VERO's CoFi model on a custom L1 blockchain allows creators to unlock the power of their superfans NEW YORK, Dec. 10, 2024 -- VERO Labs, the social technology company operating the ad-free social network VERO™, today announced plans to launch a custom L1 blockchain on Avalanche during Abu Dhabi Finance Week. This initiative is set to unlock the multi-trillion-dollar fan-based asset market, offering creators and superfans new ways to connect, engage, and invest in each other's success.

Mon, 09 Dec 2024 4 Min Read

Uncia Wins Prestigious Award for Best Supply Chain Finance Implementation at the IBS Intelligence Global FinTech Innovation Awards 2024

CHENNAI, India, Dec. 9, 2024 -- Uncia has been honored with the Best Supply Chain Finance Implementation – Best Project Implementation award at the 6th edition of the IBS Intelligence Global FinTech Innovation Awards 2024. Recognized as a hallmark of excellence, the Global FinTech Innovation Awards celebrate revolutionary advancements in banking technology. The awards spotlight the transformative power of innovation, highlighting outstanding implementations in traditional banking technologies as well as the cutting-edge adoption of emerging technologies.

Tue, 26 Nov 2024 3 Min Read

Partnering up with APIX, Hitachi Launches Green Finance Innovation Challenge: Seeking Innovative Green Financing Solutions

In collaboration with leading innovation platform APIX, Hitachi has launched the Green Finance Innovation Challenge - seeking to collaborate with potential partners to help achieve Net Zero goals. Open for applications till 6 December 2024, this innovation challenge welcomes solution providers from around the world to submit their innovative proposals. Fintechs, startups, academia and tech companies with the aspirations to collaborate with Hitachi are encouraged to apply. SINGAPORE, Nov. 26, 2024 -- The building industry accounts for 40% (ref: UN Env. Program) of global energy-related carbon emissions, making it a significant contributor to climate change. Achieving net-zero emissions in this sector is not just an ambitious goal, it is also an important and urgent necessity for a sustainable future.

Mon, 25 Nov 2024 4 Min Read

Request Finance acquires Pay.so Lithuania; launches revolutionary one-click crypto/fiat payment solution.

The acquisition allows clients to compliantly make payments to third parties, pay bills, and pay employees with a one-click on/off ramp feature. PARIS, Nov. 25, 2024 -- Request Finance, a leader in crypto and fiat financial operations, has announced its acquisition of Pay.so Lithuania, a regulated VASP. The acquisition enables Request Finance to provide a fully compliant, one-click on/off ramp payment solution that bridges crypto and fiat, streamlining global transactions for businesses of all sizes. Now, Request provides a multi-payee on/off ramp, consolidating its position as the one-stop shop for all finance operations of businesses of all sizes.

Mon, 25 Nov 2024 5 Min Read

Post-Covid Financial Sector Boom: Chandigarh University Students Bag High-Paying Roles in Banking & Finance, 131 Join MNCs, 26 Land Top Govt Bank Jobs

25 Chandigarh University Students Secure Top Positions in Private Banks, 26 Land Jobs in Government Banks, 16 as Probationary Officers CHANDIGARH, India, Nov. 25, 2024 -- With India's Banking, Financial Services and Insurance (BFSI) sector witnessing exponential growth post the Covid-19 pandemic, 131 MBA students of Banking and Financial Engineering at Chandigarh University have secured jobs in prestigious banks, finance, insurance and wealth management companies in the past two years (2023 and 2024).

Wed, 20 Nov 2024 3 Min Read

DIGITAL NEWS PLATFORM MONIIFY TO DELIVER BUSINESS AND FINANCE CONTENT FOR MILLENNIALS AND GEN-Z IN EMERGING MARKETS

Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy. DUBAI, UAE, Nov. 20, 2024 -- MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024.

Wed, 06 Nov 2024 3 Min Read

ADQ Announced as the Headline Partner for Abu Dhabi Finance Week

ABU DHABI, UAE, Nov. 6, 2024 -- ADGM, the host of the flagship financial event of the MEASA region, Abu Dhabi Finance Week (ADFW) announced ADQ – an Abu Dhabi-based investment and holding company as the "Headline Partner" for the 2024 and 2025 editions of ADFW. This strategic partnership with ADQ underscores its dedication and commitment to the growth of Abu Dhabi's financial sector, emphasising its role in driving innovation and market-leading services. As the "Headline Partner" for the next two editions, ADQ will be instrumental in curating the direction and agenda of ADFW, ensuring the event's continued success and cementing its position as a leading economic and investment conference.

Mon, 04 Nov 2024 3 Min Read

FP Markets Secures Three Major Honours at the Inaugural Finance Magnates Annual Award Gala

SYDNEY, Nov. 4, 2024 -- Australian-founded broker FP Markets further cemented its position as a market leader, winning 'Most Trusted Broker - Global', 'Broker of the Year - Asia', and 'Fastest Growing Broker - LATAM' at the inaugural Finance Magnates Annual Award (FMAA) Gala. The event was held on Wednesday, 23 October, at the Lemon Park Venue in Nicosia, Cyprus. Powered by Amazon Web Services (AWS), the FMAAs 'celebrate the highest levels of innovation and excellence across fintech, Forex, payments, and trading platforms'. The winners were determined through a dual process: online voting accessible to industry professionals and the global trading community, and a distinguished panel of judges. Notably, global multi-asset Forex and CFD broker FP Markets was the only company to take home three FMAAs on the night.

Wed, 30 Oct 2024 3 Min Read

Global Finance & Technology Network Launched by the Monetary Authority of Singapore to Foster Global Collaboration in FinTech

Ravi Menon appointed as Chairman of the Board of Directors SINGAPORE, Oct. 30, 2024 -- The Monetary Authority of Singapore (MAS) announced the establishment of the Global Finance & Technology Network (GFTN) to harness technology and foster innovation through global partnerships for more efficient, resilient, and inclusive financial ecosystems. Mr Ravi Menon has been appointed Chairman of the Board of Directors of GFTN. Mr Menon is also Singapore's Ambassador for Climate Action and Senior Adviser (National Climate Change Secretariat) at the Prime Minister's Office.

Mon, 28 Oct 2024 4 Min Read

45 CEOs, 6 ministers and One Head of State Take the Stage at Future Investment Initiative Institute Pre Summits on Investing in Africa, and Women in Finance

RIYADH, Saudi Arabia, Oct. 28, 2024 -- The Future Investment Initiative Institute annual conference begins today in Riyadh, bringing together world leaders, CEOs, and executives from various sectors including finance, energy, technology, and entertainment. This year's focus included two pre-summits on Investing in Africa's future and Women's Leadership in driving global economic growth, highlighting crucial topics. Throughout the pre-summits, FII Institute demonstrated its commitment to fostering positive change and global collaboration. The New Africa facilitated vital discussions between investors and African leaders about the untapped potential and the need for cross-border investments. His Excellency Mohammed bin Abdullah Al Jaddan opened the summit. Industry leaders including Tony Elumelu, Adebayo Ogunlesi, and Sim Tshabala, among other titans of the industry shared insights on addressing underdevelopment and driving investment.

Mon, 28 Oct 2024 4 Min Read

Adyen and BCG Research Finds Embedded Payments and Finance Now a $185 Billion Opportunity -- a 25% Increase in Two Years

Embedded finance beyond payments is now a critical growth driver for Software-as-a-Service (SaaS) platforms.Less than 20% of the market is currently addressed, meaning now is the time for platforms to tap into this revenue pool and meet rising SMB demand.SaaS platforms embedding financial products are set to amplify their revenues up to 3-4x.SAN FRANCISCO, Oct. 28, 2024 -- Adyen, the financial technology platform of choice for leading businesses, has today launched a new report with Boston Consulting Group (BCG) which reveals a game-changing $185 billion market opportunity for SaaS platforms, a substantial 25% increase since 2022. BCG's analysis reveals this market growth is driven by a favorable interest rate environment — due to higher bank revenues from accounts — and an overall expansion of banking revenue pools.

Thu, 24 Oct 2024 8 Min Read

Unleashing climate finance flows at COP29 - the role of the NCQG and NDCs

The latest publication from the Energy Transitions Commission (ETC): "NDCs, NCQG, and Financing the Transition" LONDON, Oct. 24, 2024 -- "Climate finance" will be a key subject at COP29, with debate in particular on the proposed "New Collective Quantified Goal" (NCQG) for financial flows from high-income to low-income countries. But the term "climate finance" is often used vaguely and broadly, covering several different challenges and priorities. The Energy Transitions Commission's (ETC) latest publication "NDCs, NCQG, and Financing the Transition" therefore clarifies the nature and scale of different types of finance required, and proposes four principles to ensure a useful conclusion of the NCQG debate. It also explains the vital role that updated National Determined Contributions (NDCs) can and must play in unleashing financial flows.

Mon, 21 Oct 2024 6 Min Read

IndoStar Capital Finance consolidated PAT grows 28%, AUM 31% and Disbursements 36% YoY

Q2 FY25 Quarter Performance: Robust demand for used commercial vehicle (CV): Vehicle finance (VF) AUM at ₹ 6,964 crore, up 10%, QOQ and 59% YoYVF Disbursements at ₹ 1,449 crore, up 53% from ₹ 948 crore in Q2FY24Q2 FY25 Highlights (Consolidated): AUM at ₹ 10,112 crore, up 6% from ₹ 9,565 crore in Q1 FY25 and up 31% YoY from Q2 FY24Disbursements of ₹ 1,724 crore, up 36% YoY from ₹ 1,269 crore in Q2 FY24Q2 FY25 Highlights (Standalone - ICF): AUM at ₹ 7,550 crore, up 5% from ₹ 7,170 crore in Q1 FY25VF AUM at ₹ 6,964 crore, up 10% from ₹ 6,323 crore in Q1 FY25 and up 59% YoY from Q2 FY24VF Disbursements at ₹ 1,449 crore, up 53% from ₹ 948 crore in Q2FY24Debt/Equity Ratio at 2.26xGross Stage 3 assets at 4.97% for Q2 FY25Net Stage 3 assets are at 2.50% for Q2 FY25Strong Capital Adequacy at 25.86%

Fri, 18 Oct 2024 4 Min Read

DBS NAMED SAFEST BANK IN ASIA FOR THE 16TH CONSECUTIVE YEAR BY GLOBAL FINANCE

DBS ranked 2nd on the 50 Safest Commercial Banks list for the third consecutive year SINGAPORE, Oct. 18, 2024 -- DBS Bank today announced that it has been named "Safest Bank in Asia" by New York-based trade publication Global Finance. This is the 16th consecutive year that DBS has been recognised with this accolade, extending a track record dating back to 2009. The bank also maintained its 2nd position in the 'World's 50 Safest Commercial Banks' list and ranked 12th in the 'World's 50 Safest Banks' list, holding both positions for the 3rd consecutive year.

Tue, 15 Oct 2024 3 Min Read

Reshaping Finance: Huawei's Commitment to 4-Zero and Resilient Infrastructure

DUBAI, UAE, Oct. 15, 2024 -- On the first day of GITEX GLOBAL 2024, the Huawei Finance Forum was held under the theme of Boost Resilience, Reshaping Smarter Finance Together. This forum explored how to build resilient financial infrastructure for the future, as well as digital transformation and ecosystem development to help financial institutions gain a new competitive edge. Over the past 15 years, China's finance industry has undergone a significant transformation, largely driven by FinTech giants. As Chinese banks embarked on their digital transformation journey, Huawei developed an FSI solution framework, which focuses on reshaping customers' resilience, agility, and intelligence.

Thu, 10 Oct 2024 7 Min Read

Arta Finance launches globally via Singapore, unveils Arta AI Copilot, and announces Wealth-as-a-Service for banks

MAS-licensed Arta launches in Singapore and internationallyArta unveils Arta AI Copilot - a number of AI-enhanced experiences on its wealth platformArta announces partnerships with Wio Invest, Google Cloud, and Capco for its Wealth-as-a-service offering for banks and financial institutions globallyArta welcomes Ralph Hamers as external advisorSINGAPORE, Oct. 11, 2024 -- Fast-growing digital wealth management platform Arta Finance today launched globally. Arta's platform is now open to accredited investors in Singapore and to international investors open to managing their wealth in Singapore - a global wealth hub where an expected 1.6 million non-Singaporeans are expected to manage $4.8 trillion in assets by 2028. The international launch comes after Arta's successful debut in the US in October 2023, where it has since grown to manage hundreds of millions in assets for thousands of clients.

Wed, 09 Oct 2024 5 Min Read

Tiger Brokers' Yang Xu Shares Insights on Bitcoin ETFs Bridging the Gap Between Traditional Finance and Digital Assets

HONG KONG, Oct. 9, 2024 -- Yang Xu, Global Partner at leading global online brokerage Tiger Brokers, shared insights on how Bitcoin Exchange-Traded Funds (ETFs) are shaping the traditional finance industry while speaking at InnoBlock 2024, one of TOKEN2049's largest side events this year. Xu participated in a panel discussion titled Bitcoin ETFs and Traditional Finance: Bridging the Gap, where he shared that Bitcoin ETFs help to provide safer access to the underlying cryptocurrency while addressing several long-standing issues within the digital asset space, such as master custodian concerns.

Tue, 08 Oct 2024 7 Min Read

Asia Today Media Honours Achievers at Prestigious “3rd Indo Arab Leaders Summit & Award 2024” held at Marriott Hotel Al Jaddaf, Dubai

Asia Today Media hosted a “3rd Indo Arab Leaders Summit & Award 2024” to honour exceptional individuals from various fields for their dedication and expertise.

Thu, 03 Oct 2024 8 Min Read

INEOS QUATTRO FINANCE 2 PLC ANNOUNCES RESULTS OF CASH TENDER OFFER FOR ANY AND ALL OF ITS 3 3/8% SENIOR SECURED NOTES DUE 2026

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014, AS AMENDED (AND INCLUDING AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED) ("MAR") LONDON, Oct. 3, 2024 -- INEOS Quattro Finance 2 Plc (the "Offeror"), a company incorporated under the laws of England and Wales, announces today the results of the tender offer that the Offeror commenced on September 23, 2024, for any and all of its outstanding U.S.$146,179,000 33/8% Senior Secured Notes due 2026 (the "Securities"), issued by the Offeror and guaranteed by INEOS Quattro Holdings Limited ("IQHL"), a company incorporated under the laws of England and Wales, and certain of its subsidiaries, for cash (the "Offer"). The terms and conditions of the Offer are described in an offer to purchase dated September 23, 2024 (the "Offer to Purchase"). Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Offer to Purchase.

Mon, 30 Sep 2024 5 Min Read

KINARA CAPITAL WINS DOUBLE HONORS BY IFC & SME FINANCE FORUM AS SME FINANCIER OF THE YEAR IN BOTH THE GLOBAL & ASIA CATEGORIES

Kinara Capital struck two wins with a Platinum Award in the 'SME Financier of the Year – NBFI, MFI, Fintech Global' category and a Silver Award in the 'SME Financier of the Year – Asia' categoryThe awards recognize Kinara Capital for championing MSME growth in India and for demonstrating innovation and leadershipBENGALURU, India, Sept. 30, 2024 -- Kinara Capital, a leading fintech driving MSME financial inclusion in India, achieved a remarkable milestone by winning two prestigious international awards at the Global SME Finance Forum 2024 held in São Paulo, Brazil. Kinara Capital won the Platinum Award in the SME Financier of the Year – NBFI, MFI, Fintech Global category, and the Silver Award in the SME Financier of the Year – Asia category. The awards recognize Kinara Capital for championing MSME growth in India and for demonstrating innovation and leadership in expanding financial inclusion.

Mon, 30 Sep 2024 2 Min Read

Matrixport Expands Footprint in Europe with Acquisition of Swiss-based Crypto Finance Asset Management

FINMA-supervised unit renamed Matrixport Asset Management AG SINGAPORE, Sept. 30, 2024 -- Matrixport, a leading all-in-one crypto financial services hub, today announced the completion of its all-cash acquisition of Crypto Finance (Asset Management) AG ("CFAM"), a licensed Swiss crypto asset manager that was previously part of the Deutsche Börse Group-owned Crypto Finance Group (CFG). Renamed Matrixport Asset Management AG ("MAM"), the Switzerland-based unit is a pioneer in providing institutional-grade crypto investment solutions, managing the first FINMA-approved crypto fund while offering a comprehensive suite of crypto investment products and structuring capabilities.

Fri, 27 Sep 2024 3 Min Read

WSPN and Conflux Forge Strategic Partnership for a Brighter Path in Digital Finance

SINGAPORE, Sept. 27, 2024 -- Worldwide Stablecoin Payment Network (WSPN) is excited to announce a groundbreaking partnership with Conflux, a leading high-performance public blockchain. This collaboration will see WSPN's flagship stablecoin product, WUSD, on the Conflux blockchain, marking a significant milestone in both companies' efforts to advance the DeFi space. WUSD is a stablecoin designed for worldwide payments and round-the-clock financial markets, always redeemable 1:1 for US dollars. Through this collaboration, users will not only enjoy higher staking rewards but also have the opportunity to participate in the growing DeFi ecosystem, offering stable returns while being part of the evolving financial landscape.

Tue, 24 Sep 2024 3 Min Read

ADFW Unveils Top Finance Leaders Set to Speak at 2024 Edition

The initial cohort of speakers includes senior leaders from global banking institutions such as UBS, State Street, BNY, Santander, Standard Chartered, First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Islamic Bank, Starling Bank and OakNorth Bank.The lineup includes the CEOs, Founders and Chairs of global investment power houses such as Bridgewater, Nuveen, Vista Equity Partners, General Atlantic, PGIM, GQG, Hillhouse, Investcorp, Prosus, Brookfield, AXA IM, Alterra, Brevan Howard, Two Sigma and Marshall Wace.

Mon, 23 Sep 2024 22 Min Read

INEOS QUATTRO FINANCE 2 PLC ANNOUNCES CASH TENDER OFFER FOR ANY AND ALL OF ITS 3 3/8 % SENIOR SECURED NOTES DUE 2026

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014, AS AMENDED (AND INCLUDING AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED) ("MAR") LONDON, Sept. 23, 2024 -- INEOS Quattro Finance 2 Plc (the 'Offeror'), a company incorporated under the laws of England and Wales, announces today an offer to purchase any and all of its outstanding U.S.$146,179,000 33/8% Senior Secured Notes due 2026 (the "Securities"), issued by the Offeror and guaranteed by INEOS Quattro Holdings Limited ('IQHL'), a company incorporated under the laws of England and Wales and certain of its subsidiaries, for cash (the "Offer"). The terms and conditions of the Offer are described in an offer to purchase dated September 23, 2024 (the 'Offer to Purchase'). Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Offer to Purchase.

Thu, 19 Sep 2024 5 Min Read

Persistent Named Fastest Growing IT Services Brand in the 2024 Brand Finance India 100 Report

Grows 327% in brand value and 36% in brand strength PUNE, India and SANTA CLARA, Calif., Sept. 19, 2024 -- Persistent Systems (BSE: 533179) and (NSE: PERSISTENT), a global pioneer in Digital Engineering and Enterprise Modernization, has been recognized as the fastest-growing IT services brand in the prestigious 2024 Brand Finance India 100 report. Persistent ranked 9th among the most valuable IT services brands, with a brand value of $609 million and a brand strength score of 72.39/100, earning an AA brand rating. Since 2020, the Company's brand value surged by 327%, and its brand strength index increased by 36% - the highest within India's top 10 IT Services brands.

Mon, 09 Sep 2024 2 Min Read

Tradewind Finance Provides Credit Facility to Indian Seafood Exporter Specializing in Value-Added Shrimp

MUMBAI, India, Sept. 9, 2024 -- Tradewind Finance, an international trade finance company, has completed a USD 900,000 credit facility for an Indian seafood exporter specializing in frozen shrimp. The facility is providing additional working capital for the company to support their growth in line with increasing demand for their value-added shrimp product, which can come peeled, deveined and cooked. In the arrangement, the seafood company is securing pre-shipment financing from their bank and post-shipment financing from Tradewind. Added working capital and cash flow are being used to procure raw materials, cover packaging costs, and to bridge the gap until payment is due from buyers, 90 days after the invoice is issued. The company's shrimp product, regarded for the lean protein it supplies in a consumer's diet, as well as its easy-to-eat preparation, is being exported primarily to the USA.

Thu, 05 Sep 2024 4 Min Read

CES Recognized as a Niche Player in 2024 Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing

HYDERABAD, India, Sept. 5, 2024 -- CES Limited, a global leader in Technology and Business Process Modernization services, is proud to announce its recognition as a Niche Player in the 2024 Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing (F&A BPO).CES believes this acknowledgment underscores the company's focused expertise in delivering bespoke financial solutions, particularly to small and midsize businesses (SMBs).

Thu, 05 Sep 2024 4 Min Read

HTX Ventures Invest in Vanilla Finance, Building Telegram DeFi Ecosystem

SINGAPORE, Sept. 5, 2024 -- In alignment with its mission to drive innovation and advancement within the blockchain ecosystem, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Vanilla Finance. Vanilla Finance has distinguished itself by allowing users to own Bitcoin at a low cost. It has recently achieved top positions with Scroll and Bitlayer, achieving 3 billion USDT in trading volume and over 500,000 users in the first 60 days.

Wed, 04 Sep 2024 3 Min Read

SMFG India Credit Launches its 1000th Branch; Commemorates Milestone with Special Cover and My Stamp Release

SMFG India Credit Co. Ltd., a prominent player in India’s Non-Banking Financial Company (NBFC) sector, proudly announces the opening of its 1000th branch, located in Vashi, Navi Mumbai. This landmar

Fri, 30 Aug 2024 3 Min Read

Brand Finance Confirms Yili's Position as World's Most Valuable Dairy Brand for Fifth Consecutive Year

HOHHOT, China, Aug. 30, 2024 -- Yili has been recognized as the world's most valuable dairy brand for the fifth consecutive year, according to Brand Finance's 2024 rankings released on August 20. The rankings are based on a comprehensive evaluation of corporate financials, customer sentiment, and future prospects. Widely recognized for objectivity and professionalism, Brand Finance's rankings are a global benchmark for brand valuation. Yili has held the top spot on Brand Finance's list of the world's top 10 most valuable dairy brands since 2019. Its robust financial performance and commitment to innovation and sustainability have been key factors in its continued dominance. Yili has once again secured its top position in the 2024 rankings.

Thu, 29 Aug 2024 4 Min Read

BankersKlub Disrupts Financial Advisory Landscape in India, Launches Innovative Tech-Enabled Aggregator Platform for Corporate Finance Solutions

BankersKlub, an innovative fintech start-up redefining financial advisory with seasoned bankers, announces the launch of its tech-enabled aggregator platform. It facilitates a wide range of strategic

Thu, 22 Aug 2024 2 Min Read

WildMon taps Khalil Ghazzawi as Chief Finance Manager as the Eco-Tech Non-Profit Grows

AUSTIN, Texas, Aug. 22, 2024 -- WildMon, a burgeoning provider of AI-powered tools for measuring ecosystem health, proudly announces the appointment of Khalil Ghazzawi as its new Chief Finance Manager, ushering in the next era of charitable financial management at the fast-growing non-profit organization. Chrissy Durkin, Co-Founder, President & Chief Development Officer of WildMon, expressed thrill in re-kindling a longstanding professional partnership with Khalil Ghazzawi — one which began under the leadership of her early-career mentor, Bourhan Yassin.

Wed, 21 Aug 2024 4 Min Read

Krypton India Successfully Hosts 2nd Edition NBFC and Fintech Leadership Awards 2024 at Radisson Blu, Mumbai

Krypton India proudly hosted the 2nd Edition NBFC & Fintech Leadership Awards 2024 recently at Radisson Blu, Mumbai. The event brought together the brightest minds from the NBFC and fintech sectors, c

Wed, 21 Aug 2024 3 Min Read

HDFC Mutual Fund Launches ‘SIP Saheli – a Masterclass’, an Investor Education Initiative to Empower Women Financially

HDFC Mutual Fund, one of India's leading mutual fund house, announces the launch of 'SIP Saheli', an initiative dedicated to empower women through the power of mutual fund investments.

Wed, 14 Aug 2024 2 Min Read

Aavas Financiers Plants Seeds of Change: 4,000 Saplings Distributed Across India

In a significant stride towards environmental sustainability, Aavas Financiers, a leading affordable home loan company, marked World Nature Conservation Day with a massive tree plantation drive. The c

Tue, 06 Aug 2024 2 Min Read

Tradewind Finance Hosts Special Event in Mumbai for Valued Broker Partners

MUMBAI, India, Aug. 6, 2024 -- Tradewind Finance, an international trade finance company which provides solutions to improve cash flow for businesses, was pleased to host a special gathering for their broker and referral network in India in the country's financial capital of Mumbai. The event brought together industry peers from other finance companies, fin-techs, financial advisory firms and credit insurers to support the country's growing export market through export finance, a financial tool that turns receivables into cash and enables business growth as well as smooth cross-border trade.

Thu, 01 Aug 2024 6 Min Read

IndoStar Capital Finance Core (VF + HFC) AUM grows 54% and Disbursements 71% YoY

MUMBAI, India, Aug. 1, 2024 -- Q1 FY25 Quarter Performance: Core AUM (VF + HFC) at ₹ 8,718 crore, up 54% YOY from ₹ 5,669 in Q1FY24Robust demand for used CV: VF AUM at ₹ 6,323 crore, up 13%, QOQ and 61% YOYAffordable Home Finance AUM at ₹ 2,395 crore, up 38% YOY from Q1 FY24Q1 FY25 Highlights (Consolidated): AUM at ₹ 9,565 crore, up 9% from ₹ 8,763 crore in Q4 FY24 and up 19% YOY from Q1 FY24Core AUM (CV + HFC) ~ ₹ 8,718 crore (91% of total), up 11% from ~ ₹ 7,864 crore in Q4FY24, up 54% YOYCore Disbursements (CV + HFC) of ₹ 1,618 crore, up 74% YOY from ₹ 945 crore in Q1 FY24Debt/Equity Ratio at 2.3x for Q1 FY25Gross Stage 3 assets at 4.19% for Q1 FY25Net Stage 3 assets are at 2.08% for Q1 FY25

Wed, 31 Jul 2024 4 Min Read

Chandigarh University Becomes India's First University to Partner with PwC for Collaborative MBA in Applied Finance; aims to equip students with Real-World Applications

This collaboration is another step towards changing the business education landscape, by providing global exposure to Chandigarh University students, says Chandigarh University Chancellor Satnam Singh Sandhu CHANDIGARH, India, July 31, 2024 -- Chandigarh University has become the first Indian university to start a collaborative Master of Business Administration (MBA) program in Applied Finance with PricewaterhouseCoopers (PwC), leading financial advisory firm at the global level, to provide aspiring business students real world business exposure and perspective.

Tue, 30 Jul 2024 2 Min Read

DIFC continues to drive the future of finance with outstanding H1 2024 results

DUBAI, UAE, July 30, 2024 -- The Dubai International Financial Centre (DIFC), the leading global financial centre in MEASA region, announced outstanding results for the first half of 2024. Coinciding with its 20th anniversary, the results reinforce DIFC's growing role in driving the future of finance, and Dubai's position as a top global ecosystem for innovation and business growth. The number of active registered companies in DIFC exceeded 6,000 for the first time, representing 24 per cent growth. A total of 820 new companies also joined DIFC in the first six months. Reflecting the Centre's focus on FinTech and Innovation, firms in these sectors grew by 33 per cent year-on-year. DIFC companies continue to attract talent from across the world and created 4,647 new jobs during the last 12 months. The total workforce now stands at 43,787.

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