Browsing Tag

fintech

110 posts

Prosus could do an India IPO for PayU in 2025

Prosus, the Dutch investment firm controlled by South Africa’s Naspers, has benefitted…
CRED

Cred takes the wheel in insurance with Cred Garage

Fintech unicorn Cred is now doubling down on diversifying its financial services…

Stripe limits new sign-ups in India to invite-only amid stringent regulatory compliance

California-headquartered payments giant Stripe has encountered a temporary roadblock in its India…
Pine Labs

Pine Labs gains Singapore court approval to shift base to India

Pine Labs, the popular POS solutions company that has major market share…

Paytm investment into payments arm deferred amid Chinese shareholding concerns in parent: Report

One 97 Communications, the parent company behind Paytm, is facing a roadblock…
Paytm

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

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

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

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…