Exploring Fintech Frontiers: PM Modi's Mumbai Vision, Synapse's Freeze, and Stripe's Valuation by Sequoia Capital

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Exploring Fintech Frontiers: PM Modi's Mumbai Vision, Synapse's Freeze, and Stripe's Valuation by Sequoia Capital

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PM Modi has announced his ambition to turn Mumbai into the world's leading fintech capital while unveiling new infrastructure projects valued at Rs 29,000 crore. Meanwhile, the collapse of Synapse has resulted in nearly $160 million being inaccessible to fintech users, and Stripe's investors are evaluating a substantial $70 billion buyout valuation offered by Sequinoia Capital.

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