Mumbai-based fintech startup Rubique has raised $3 Mn in a bridge round of funding. The round was raised a few months ago but the company chose not to disclose it. Reportedly, it was a part of its $10 Mn-$15 Mn Series B round, the company announced mid 2016. The investment was led by existing inv…
Tag: Rubique
Why India’s fintech start-ups are flocking to disrupt the UAE
India’s technology start-up ecosystem has grown exponentially in recent years and now appears to have caught the eye of start-up enthusiasts in the UAE. The Middle East nation is keen to elevate disruptive Indian fintech start-ups by providing them an international platform and financia…
‘FinTech: The growth propeller for MSMEs’
Demonetisation affected many people in many ways. But the most to feel the heat were small and medium business owners. Largely a cash intensive market, scrapping of Rs 500 & Rs 1000 notes and scarcity of lower denomination notes drove them to adopt digital payment tools to keep the business g…
With technology as its key enabler, fintech start-up Rubique disburses loans worth over Rs 1250 cr
Mumbai: With technology as a key enabler to make finance simpler and minimize the gaps in the lending sector, Rubique has witnessed over 400% of growth in business with the same number of team members. The leading fintech company empowering individuals & SMEs by providing easy & smooth ac…
Fintech companies taking advantage of boom in retail lending
Retail lending, the loan against property and credit cards along with unsecured small value business loans etc, has seen a boom lately. This boom has not only helped banks grow their credit portfolio but has also given a major boost to fintech companies in the lending space. Now that the banks ar…
Fintech start-ups expand investment options for non-urban users
Ease of transaction and the convenience linked with applications offered by fintech players is driving consumers from small towns to explore investment products beyond recurring or fixed deposits offered by traditional banks. Most of the consumer-facing fintech startups that small towns (Tier III…
How focus on spending priorities can benefit start-ups in the long run
Early last month, while going back on how Simplilearn chose its leadership, this column asked if “good business without a knack for building strong teams” could benefit start-ups in the long run? A younger start-up Rubique (set up in late 2014) has chosen to grow by spending the funds it raised “…
How fintech players are expanding their horizons to stay ahead of the curve
The banking and financial services sector has witnessed a sea change over the past year with banks increasing focus on technology, demonetisation-induced cash crunch causing a spike in digital transactions, and proliferation of fintech players offering innovative products and services. Customers …
Budget 2017: A hit or a miss for entrepreneurship in India? Start-ups respond
The biggest day on India’s policy calendar had a slew of announcements directed at the middle class and the rural sector, but few that shone a spotlight on the burgeoning startup ecosystem in India. India’s payment industry, however, has much to cheer about with the proposed regulator…
Fintech co Rubique processes loans worth Rs 975 cr
Mumbai, December 28, 2016: Rounding up the year in style, Rubique, the one-stop online marketplace providing technology enabled end-to-end solutions to financing needs of individuals & SMEs has announced that it has processed more than Rs 975 crore worth of loans since its inception in Octobe…