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The Weekly Wrap: all you need to know by Friday COB | January 24th

By Puja Sharma

January 24, 2025

  • Bharat Fintech Expo
  • Deals of the Week
  • fintech funding
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The Weekly WrapThe Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

Revolut, a global FinTech company, has launched its own Robo-Advisor service in Singapore. The new product allows customers to save time and automate their investments, tailored to their unique needs.

With Robo-Advisor, customers can invest through a diversified portfolio without spending hours on research and continuously managing their portfolios. The new product will benefit customers who don’t have the time to do extensive research and actively invest or have limited or no trading experience.

The product will offer a fully diversified and customised portfolio based on customers’ responses to questions that identify, among other things, their risk tolerance and financial goals. Once a customer deposits money into their portfolio, the Robo-Advisor automatically invests it in the market and continually monitors and manages it. The minimum investment amount for Revolut’s Robo-Advisor is $100.

Robo-Advisor will automatically rebalance customer portfolios based on the performance of the assets within the portfolio and perform periodic reviews to maintain customer risk tolerances and target portfolio allocations.

Deals of the week

  • India’s Namdev Finvest bags $38m in debt funding
  • VuNet raises $6.9m in Series B round to fuel global expansion
  • Highnote bags $90m in Series B to foray into US merchant acquiring
  • Vertice secures $50m in Series C to expand procurement platform
  • Monument Bank joins MORS Software to boost Treasury & Risk Management
  • Omnea partners with Thought Machine to enhance procurement governance
  • MobiKwik joins forces with Piramal Finance to offer personal loans
  • Bharti Airtel & Bajaj Finance partner to deliver digital financial inclusion

Be on the lookout for

The Fintech India Expo 2025 will take place from March 19 to 21, 2025, at Pragati Maidan, New Delhi. This annual event, organised by Exhibitions India Group Pvt. Ltd., will showcase the latest innovations and applications in Blockchain, AI, Big Data, IoT, and Quantum Technologies.

The expo aims to foster collaboration between domestic and international businesses, offering networking opportunities with venture capitalists, private equity professionals, and industry leaders. Attendees can expect educational seminars covering topics such as blockchain technology, cybersecurity, digital banking, and eCommerce payments.

The event is open to the trade public and will feature presentations from esteemed speakers, including industry experts and government officials. It promises to be a significant gathering for professionals looking to stay updated on the latest trends and developments in the FineTch sector.

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January 23, 2025

India’s Namdev Finvest bags $38m in debt funding

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January 24, 2025

Hitachi Payment Services & IvyCamp team to drive FinTech innovation

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