Fincare - Facilitating A Lifetime Of Progress At The Base Of Pyramid
Location: Saudi Arabia, Riyadh Region, Riyadh
Employees: 1001-5000
Total raised: $75.04M
Founded date: 2007
Investors 1
| Date | Name | Website |
| - | Leapfrog I... | leapfrogin... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 07.03.2017 | - | $75.04M | TA Associa... |
Mentions in press and media 13
| Date | Title | Description |
| 25.07.2024 | AU Small Finance Bank’s board approves proposal to make an application to RBI for transition to universal bank | The Board of Directors of AU Small Finance Bank on Thursday approved a proposal to make an application to the Reserve Bank of India for transition from a Small Finance Bank (SFB) to a universal bank. Read more:Fincare to remain a unit of AU... |
| 04.04.2024 | SFBs seek glide path from RBI to become universal banks citing eligibility | Chief executives of various Small Finance Banks (SFBs), which met the Reserve Bank of India recently, have urged for a glide path to become universal banks, as most of them are eligible for such a conversion having completed five years of o... |
| 02.04.2024 | Banks, NBFCs must uphold standards with Fintechs: RBI Dy Governor D G Rao | The underwriting standards and pricing of risk of banks and Non-Banking Financial Companies (NBFCs) should not be affected while onboarding customers through fintech partners, noted M Rajeshwar Rao, Deputy Governor of the Reserve Bank of In... |
| 02.04.2024 | Fincare Small Finance Bank merges with AU Small Finance Bank With an emphasis on excellent post-merger customer service and smooth integration, the consolidation expands the client base and improves t... | - |
| 01.04.2024 | Should companies keep the public informed about the health of their CEO? | On March 22, the Princess of Wales, Kate Middleton, disclosed that she was undergoing treatment for cancer following a major abdominal surgery in January. The two-minute-15-second recorded video shocked the world, but ended months of conspi... |
| 01.04.2024 | Fincare SFB merges with AU SFB; consolidation enhances distribution network | AU Small Finance Bank (AU SFB) on Monday amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the sector. In an all-stock merger deal first announced on October 29, 2023, where the shareholders of Fi... |
| 26.03.2024 | Improving confidence | After a decade of rising non-performing assets (NPAs) and lax underwriting standards, particularly on corporate loans, the Indian banking sector is now in good health, with rising profits and the restoration of investor trust. This was reaf... |
| 25.03.2024 | HDFC Bank's Strategic Moves in Education and Infrastructure Sectors | HDFC Bank, a major player in the financial sector, has recently made significant strategic moves in both the education and infrastructure sectors. In a bold move, the bank completed a Rs 9,553 crore stake sale in its education finance subsi... |
| 19.03.2024 | HR, technology integration key challenge for Fincare-AU SFB merger | The integration of technology and human resources could be key challenges in the merger of AU Small Finance Bank and Fincare Small Finance Bank (SFB), slated to take effect from 1 April 2024, analysts have said. Jaipur-headquartered AU SFB ... |
| 19.03.2024 | HDFC Bank raises Rs 2,910 cr via infrastructure bonds for funding projects | The country’s largest private bank, HDFC Bank, has raised Rs 2,910 crore through infrastructure bonds for funding projects in areas like power, roads, and affordable housing projects. The coupon was fixed at 7.65 per cent for bonds which ha... |
Show more