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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/03\/07\/slice-acquires-stake-in-a-north-east-bank\/<\/a><\/br> Slice has acquired a 5% stake in the Indian bank North East Small Finance in what analysts say is a key step in the unicorn fintech startup\u2019s journey amid mounting challenges from the central bank that has toppled many young firms.<\/p>\n The Bengaluru-headquartered startup invested $3.42 million for the 5% stake in the Guwahati-headquartered small finance bank in September, a regulatory filing showed.<\/p>\n The investment comes at a time when the Reserve Bank of India has clipped the wings of many fintech startups<\/a> operating in cards and lending categories by mandating strict compliance with stringent new guidelines.<\/p>\n
\nIndian fintech unicorn Slice acquires stake in a bank<\/br>
\n2023-03-08 22:24:26<\/br><\/p>\n