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Detailed stories on technology startups, business and economic current affairs.
Concerns over employee ESOPs and a corporate restructuring with a move to a US holding company have evolved into a full-blown legal battle.

When founders leave an Indian startup, it's usually a silent affair. Whether because of a personal dispute, cultural problems or a better job offer, the departure isn’t publicized much. But in the case of Simpl, one of the early buy-now-pay-later fintech companies in India, what should have been a simple exit has turned into an ugly legal battle.
Simpl was founded in 2015 by Nityanand Sharma, a former Goldman Sachs banker, and Chaitra Chidanand, who has worked across IT, content marketing and venture capital. Over the last six years, it built a BNPL app that the startup says processes over …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The most valuable Mideast fintech is expanding beyond buy-now, pay-later into financial services across Saudi Arabia and the UAE.