AGP Executive Report
Last update: 9 hours agoPayments: NPCI delayed the planned 0.4% fee on select UPI merchant transactions until after Diwali, with a new start date still to come. Fintech funding: ID Finance secured €545 million in debt and equity to expand its Plazo lending app; CoinSwitch Ventures rebranded as BlackLane Capital and broadened its investment focus beyond Web3 to fintech and other sectors. Markets: Goldman Sachs reported third-quarter profit of $5.29 billion, up 29% year over year, as trading and dealmaking remained strong. UK venture funds raised a record $6.9 billion in the third quarter. Digital finance: SaaScada and Zumo partnered to help UK banks and wealth managers offer regulated crypto services alongside cash accounts. Meanwhile, Bitcoin and Ether ETFs saw $150.8 million in combined outflows on Oct. 12, and Ledger confirmed a hardware implant in one wallet linked to reported thefts; the company says the investigation is ongoing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
