Friday Dose Of Fintech News

Friday Finance new bulletin

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We feel that curated and crisp financial news is a need of an hour for all our FinSure readers, so we are starting this initiative by this maiden Friday finance news shorts, to make sure you get all the info to ensure you are in touch with the market pulse.

  1. Pine Labs the leading payment enabler on the merchant commerce platform, today announced the acquisition of Bengaluru-based Setu, a fast-growing API fintech startup.

Read more here:

2. Chaayos a “Chai” (tea) cafe chain on Thursday announced it has raised $53 million in Series C funding led by Alpha Wave Ventures.

The Saluja the founder and CEO of Chaayos said-

“ The latest capital raise will help us deepen our technology investments to further enhance our guest experience and build a ubiquitous brand that is an integral part of Indian society over decades to come,”

Read more:

3. Indian Monetary Policy Committee met in June and hinted that the hike of 75bps is quite possible in FY-23given rising inflation.

To read more in detail:

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