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Union Square Ventures backs Indian EV infra startup Bolt.Earth in $20M funding

Union Square Ventures backs Indian EV infra startup Bolt.Earth in $20M funding

Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets. The Bengaluru-based startup has raised fresh capital from its existing and new investors, including Union Square Ventures, Prime Venture…

Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to…