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The two partners plan to offer digital treasury management as a service, targeting smaller banks in India and the Philippines, in addition to lenders in Northern Europe and North America.
E-commerce platform, which raised the money from both existing and new investors, says it’ll use proceeds to fund continued expansion and enhance SME financing capabilities.
Platform called SOLV, which currently operates in over 20 Indian towns, plans to expand to 200 towns within a year, and considers itself well-positioned to expand to other geographies beyond India.
China market regulator gets new chief, hbanks pour $50 million into blockchain-based digital currency settlement, India NBFCs must hire “independent” CROs - RBI, central bank-backed digital currencies gain momentum, ...
