Why funding in the CyberTech and PayTech industry continues to climb among the 30 rounds raised last week

Why funding in the CyberTech and PayTech industry continues to climb among the 30 rounds raised last week

The past week has given cybersecurity, PayTech and even InsurTech aficionados a host of reasons to perk up their ears.

Jim Cramer breaks down mega cap tech ahead of earnings

“Mad Money” host Jim Cramer discusses the mega cap tech companies reporting earnings this week.

Juspay raises $60 million in Series C round led by SoftBank

Fintech start-up Juspay on Wednesday announced that it has raised $60 million in Series C round led by SoftBank Vision Fund 2. Existing investors VEF and Wellington Management also participated in the round. Juspay plans to deploy the fresh capital in technology and product development to scale its business in payments and product adjacencies like credit – both in India and globally. Avendus Capital has advised Juspay in this funding round. Vimal Kumar, the founder CEO of Juspay said: “Juspay has been in the forefront, building foundational infrastructure by unifying and enhancing hundreds of diverse payment options in a neutral way. We believe in ecosystem innovations like UPI and OCEN (Open Credit Enablement Network) and have built a deep value-driven culture to support such initiatives. This funding will help us scale up our mission in India and expand globally.” Founded in 2012, Bengaluru-based Juspay has built a robust payments operating system, improving user experience for leading merchants like Amazon, Flipkart and Swiggy. Today, the bulk of mobile payments in India go through Juspay’s platform. It processes 11 million transactions per day, one of the highest in India, with best-in-class reliability. Its key innovations include payment authentication product Juspay Safe, payments SDK distribution offering HyperSDK and Express Checkout to improve transaction success rates. Vishal Gupta, Director, SoftBank Investment Advisers, said: “Juspay is one of the most innovative deep tech companies in India’s fast growing digital payments market. It is solving the complex needs of an evolving fintech ecosystem. We believe in Juspay’s vision to simplify payments for billions of people globally and deliver higher revenue at lower cost for merchants.”

Checkout.com secures $1 billion in Series D funding

Guillaume Pousaz, Checkout.com CEO, joins ‘TechCheck’ to discuss the company’s latest funding round and the state of private financial technology markets. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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Fintech 101 – Payments

Financial technology—or fintech—is changing the way we pay for things around the world.
https://www.bankofcanada.ca/2019/04/the-road-to-digital-money/?utm_source=youtube &utm_medium=social &utm_campaign=EPS190426

Facilitate discussion on this video with this guide: https://www.bankofcanadamuseum.ca/multimedia/fintech-101/?utm_source=YouTube &utm_medium=social &utm_campaign=VDG &utm_content=Fintech

Pour visionner la version française de cette vidéo : https://youtu.be/P1G0eULNh-k