Culture & Policy Global News 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… Soumyadeep SarkarMay 31, 20242 minute read
Global News Startups Pine Labs gains Singapore court approval to shift base to India Pine Labs, the popular POS solutions company that has major market share… Soumyadeep SarkarMay 21, 20243 minute read
Business News 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… Soumyadeep SarkarApril 16, 20243 minute read
Business Internet News 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… Soumyadeep SarkarFebruary 16, 20242 minute read
Business News Macquarie downgrades Paytm, slashes target price by 58% Paytm, once the poster child of India’s booming fintech industry, continues to… Soumyadeep SarkarFebruary 13, 20242 minute read
News Startups Paytm to cut ties with Paytm Payments Bank amidst regulatory ban Yesterday, the Reserve bank of India (RBI) imposed further restrictions on Paytm… Soumyadeep SarkarFebruary 1, 20243 minute read
Business News 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… Praneetha BandaruJanuary 20, 20242 minute read
News Startups 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… Praneetha BandaruJanuary 11, 20243 minute read
Business News Paytm stock plunges 20% as it announces non-issuance of loans below ₹50,000 Indian financial services giant Paytm witnessed a sharp decline of 20% in… Praneetha BandaruDecember 7, 20232 minute read
Business News Startups Pine Labs unveils Credit+ to ease credit issuance for financial institutions India’s Pine Labs, an established name in the payments infrastructure space, has… Soumyadeep SarkarDecember 1, 20232 minute read
News Startups 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… Soumyadeep SarkarNovember 21, 20233 minute read
Business News Startups Paytm reports 32% surge in revenue, narrows loss in September quarter Paytm parent One97 has reported yet another decent financial quarter. The fintech… Soumyadeep SarkarOctober 20, 20232 minute read
News Startups 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… Soumyadeep SarkarOctober 4, 20233 minute read
Apps Business News 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… Soumyadeep SarkarSeptember 20, 20233 minute read
Internet News Reliance is testing a Paytm-like sound box payments system Reliance is taking a page out of Paytm’s book, it seems. Several… Soumyadeep SarkarAugust 24, 20232 minute read
Business News Venture Capital 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… Soumyadeep SarkarJuly 27, 20232 minute read
News Startups 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… Soumyadeep SarkarJune 30, 20233 minute read
Acquisitions Global News Startups 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… Soumyadeep SarkarJune 29, 20232 minute read
Apple News Apple plans India debut for Apple Pay, Apple Card: Report India’s fintech sector, already populated with seriously large players, could soon see… Soumyadeep SarkarJune 24, 20233 minute read
News Startups 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… Soumyadeep SarkarMay 16, 20233 minute read
Business News 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)… Soumyadeep SarkarMay 1, 20233 minute read