The month of January has seen total funding of $130 million*. A total of 16 startups in the fintech segment got funded in the month of January. This amount is a little lesser than that of December.
The payments segment
The decade started with a lot of expectations and major changes in the Banking sector. COVID or Mutant COVID has posed a lot of challenges and changes to the business community and the Banking sector was no different.Â
All of this
Open banking has opened up a new collaboration line for Banks to forge a partnership with Fintechs and build new business models using a set of banking APIs. Fintechs have also lapped up these opportunities to create new business models