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Detailed stories on technology startups, business and economic current affairs.
Conflict between the funds’ respective startup portfolios, brand confusion and increasing complexity of maintaining centralized regulatory compliance were cited as factors behind the breakup.

The markets regulator has taken little by way of decisive action, with industry resistance and its own wait-and-watch approach getting in the way.
Falling revenue, mounting losses and stalled business lines make it increasingly hard for the payments bank to fund a costly lending buildout.
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.