Telecom major Bharti Airtel has acquired a strategic stake in Goa - based financial technology startup Seynse Technologies Pvt.... (techcircle.vccircle.com)
The firm is partly owned by Chinese billionaire Jack Ma, who founded e-commerce giant Alibaba, after Ma spent more than $ 500m in mid-2014 to buy a controlling stake, per reports at the time Past statements from Hundsun indicate that it has been looking to invest in financial technology startups since as early as January. (coindesk.com)
The company has also boosted its investment in technology to more than $ 2.4 billion and has been partnering with financial technology startups in an effort to meet clients» changing needs, he added. (macleans.ca)