[Funding Roundup] It was clearly Ocktoberfest for fintech startups

[Funding Roundup] It was clearly Ocktoberfest for fintech startups

Whether beer flowed freely or not this October, funding for fintech startups flowed at an unrestricted pace. From seed funds to high rounds, investors in the last week of October bet high on fintech startups. While other sectors like e-commerce and food did get a large share of funding, it was fintech startups that ate the cake. In the Diwali week, Obopay, the fintech startup acquired by two former Infosys employees grabbed $15 million from Banque Atlantique in Africa, after the company deployed Airtel money in Uganda. It is also looking at a $25 million investment from a strategic […]