RBI extends Paytm Payments Bank’s operation-ceasing deadline as it gets new banking partner

The Reserve Bank of India (RBI) has announced an extension to the…

Macquarie downgrades Paytm, slashes target price by 58%

Paytm, once the poster child of India’s booming fintech industry, continues to…

Paytm to cut ties with Paytm Payments Bank amidst regulatory ban

Yesterday, the Reserve bank of India (RBI) imposed further restrictions on Paytm…

Paytm’s focus on financial services drives Q3 revenue growth and narrowing loss

Digital payments giant Paytm reported encouraging financial results for Q3FY24, showcasing a…

Grip Invest secures $10M in Series B after pivoting to a SEBI-regulated alternate investment platform

Delhi-based financial technology firm Grip Invest, which has had a sine-curvish journey…

Pine Labs unveils Credit+ to ease credit issuance for financial institutions

India’s Pine Labs, an established name in the payments infrastructure space, has…

Kiwi, which issues virtual credit cards that can be used on UPI, gets $13 Mn in pre-Series A led by Omidyar Network

Kiwi, a burgeoning fintech startup, has successfully raised $13 million in its…

Paytm reports 32% surge in revenue, narrows loss in September quarter

Paytm parent One97 has reported yet another decent financial quarter. The fintech…

In a first, fintech unicorn Slice and North East Small Finance Bank announce merger, RBI approves

In what is a first in India’s financial sector space, and could…

WhatsApp users in India can now pay businesses through other UPI apps, credit cards

WhatsApp may have become a household name when it comes to instant…

Reliance is testing a Paytm-like sound box payments system

Reliance is taking a page out of Paytm’s book, it seems. Several…

BlackRock to make India comeback through ‘Jio Blackrock’, a new asset management venture with Reliance’s Jio

In a deal that would put India’s investment sector abuzz, BlackRock is…

Paytm ties up with NBFC Shriram Finance to offer small ticket loans to Paytm merchants

Paytm, one of India’s largest and most valued fintechs, has now teamed…

Visa acquires Brazilian payments startup Pismo in a staggering $1Bn all-cash deal

In a groundbreaking move, fintech giant Visa has announced that it has…

Apple plans India debut for Apple Pay, Apple Card: Report

India’s fintech sector, already populated with seriously large players, could soon see…

Zomato launches its own UPI platform for in-app payments, others expected to follow suit

Leveraging the fintech phenomena that India’s UPI has come to be known…

Crisis-hit First Republic Bank shut down by regulators, bought over by JPMorgan

As per an official statement by the Federal Deposit Insurance Corporation (FDIC)…

NPCI says no charge on normal UPI transactions, 1.1% charge on PPI merchant transactions

Come April 1, the National Payments Corporation of India (NPCI) will charge…

Flipkart-parent Walmart puts $200Mn in digital payments major PhonePe

Fintech major PhonePe has secured an additional $200 million from its parent…

Stripe’s latest $6.5Bn fundraise puts valuation at $50Bn

Digital payments giant Stripe announced on Wednesday, that it has signed agreements…