Tango-Tiger

“India” is another country where startupsสมัครสมาชิกสล็อตare growing by leaps and bounds. especially the introduction of technology into the financial sector which can expand the customer base widely in a short time As a result, both domestic and international big companies see the growth potential of "fintech" and try to gain a share in the Indian market.

Bloomberg reported that "Amazon" the US e-commerce giant. Announces investment in fintech startup Smallcase Technologies, an Indian stock trading platform with an investment of 40 million US dollars

The investment is in a Series C investment round with other investors led by investment firm Fairing Capital and private equity firm Premjee Invest. of "Asim Premji", a billionaire in technology. Including companies that have continuously invested in Small Case, such as "Sequoia Capital India" and "Bloom Ventures", total investment in this round is more than 60 million US dollars.

“Small Case” is a fast growing fintech in India. Founded in 2015, it is a platform of interest to retail investors. From the development of fintechs to support Indian stock trading digitally linked to various sectors of investment management service providers. It is supported by dozens of brokers across India.


Wasan Kamath, co-founder and CEO of Small Case, said: “The new generation is an investor who dares to face high risks. And more and more are participating in the capital markets, where we create products for easy and low-cost investments.”

Smallcase is currently headquartered in Bangalore. India's technology hub which benefited from the COVID-19 situation As a result, Smallcase has doubled the number of active users to over 3 million in 2020 as more investors seek online investment channels.

Smallcase's potential is part of what attracts Amazon to invest. because it saw an opportunity to take a share in the Indian financial sector. After Amazon started its entry into the lending business through investments in Capital Float and insurance in India's Akco General Insurance.