Micro-savings fintech startup Siply acquired new-age chit platform myPaisaa for $7.5 million

Popular

Micro-savings fintech startup Siply acquired new-age chit platform myPaisaa for $7.5 million

Micro-savings fintech startup Siply acquired new-age chit platform myPaisaa for $7.5 million. According to Siply, the acquisition is a significant step towards both startups’ shared goal of delivering fully-digital financial inclusion products to India’s underserved.

Siply customers can invest in mutual funds, gold, and other assets with micro savings starting at INR 1. Siply stated that following the acquisition, it will leverage the combined strengths of both startups to provide customers with innovative, fully digital, sachet financial services, thereby driving growth and financial inclusion in the Indian market.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

Micro-savings fintech startup Siply acquired new-age chit platform myPaisaa for $7.5 million. According to Siply, the acquisition is a significant step towards both startups’ shared goal of delivering fully-digital financial inclusion products to India’s underserved.

Siply customers can invest in mutual funds, gold, and other assets with micro savings starting at INR 1. Siply stated that following the acquisition, it will leverage the combined strengths of both startups to provide customers with innovative, fully digital, sachet financial services, thereby driving growth and financial inclusion in the Indian market.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

Startups duped by Startup World Convention funding event organizers; promoted by top Influencers

The World Startup Convention, held in Noida Delhi, has...

Jack Dorsey’s Cash App accused of fraud in damning report by activist short seller

Jack Dorsey's Cash App, a popular mobile payment service,...

Binance will temporarily suspend spot trading on its platform

Binance, one of the world's largest cryptocurrency exchanges, has...

Upcoming Events

Startup Information that matters. Get in your inbox Daily!

spot_img
spot_img
Copy link
Powered by Social Snap