Paytm dropped 20% on Thursday before recovering slightly after the Indian financial services firm announced plans to issue fewer personal loans under 50,000 Indian rupees ($600), a move that has already started to rattle many fintech investors. Shares of Paytm were trading at 678 Indian rupees, down from 812 Indian rupees Wednesday afternoon. It dropped…
You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an $11.9 million funding round (€11 million). The reason why Leeway is becoming Tomorro is that…
Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed and Series A financing rounds. Lightspeed led the Series A round, whereas it co-led the…
© Reuters. Mexico’s Central Bank Governor Victoria Rodriguez Ceja poses for a photo after an interview with Reuters at the annual banking convention, in Acapulco, Mexico March 25, 2022. REUTERS/Javier Verdin/File Photo MEXICO CITY (Reuters) -Mexico’s financial system has a resilient and solid position despite a complex global outlook, Bank of Mexico Governor Victoria Rodriguez…
© Reuters. FILE PHOTO: Ukrainian President Volodymyr Zelenskiy walks down the White House colonnade to the Oval Office with U.S. President Joe Biden during a visit to the White House in Washington, U.S., September 21, 2023. Doug Mills/Pool via REUTERS/File Photo By Trevor Hunnicutt, Steve Holland and Mike Stone WASHINGTON (Reuters) -President Joe Biden pleaded…
© Reuters. The U.S. Capitol building is seen in Washington, U.S., December 1, 2023. REUTERS/Elizabeth Frantz/File Photo By Patricia Zengerle WASHINGTON (Reuters) -The Democratic-led U.S. Senate is due to vote later on Wednesday to try to advance security assistance for Ukraine and Israel, despite Republicans’ determination to block the bill in a battle over immigration…
TORONTO – A recent report from Equifax (NYSE:EFX) Canada highlights a worrying trend in the country’s financial health, revealing a sharp increase in consumer debt and credit delinquencies. The report indicates that amidst ongoing economic challenges, such as high inflation and rising interest rates, Canadians are facing a mounting debt burden. The average credit card…
Share to FacebookShare to TwitterShare to LinkedinDestiny 2 Bungie This season in Destiny 2, Bungie introduced the seemingly simple but technically complex feature of allowing players to access their vaults from orbit, rather than needing to travel to a specific location like the Tower or the HELM. But players almost immediately figured out a way…
By Tim Reid(Reuters) – Donald Trump said on Tuesday that he will not become a dictator if he becomes U.S. president again except “on day one”, after warnings from Democrats and some Republicans that America was in danger of becoming an autocracy if he wins the 2024 election.Republican presidential candidate Trump had to be asked…
Navan, an expense management startup once known as TripActions, has laid off 5% of its staff, or 145 people, a spokesperson confirmed to TechCrunch today. The Information first broke the news. “Navan has recorded strong growth over the past three years despite the challenges affecting our industry,” the spokesperson wrote via email, describing the cuts…
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