Browsing Tag

indian fintech

18 posts

India digital payments body to set up new R&D center in Mumbai

The National Payments Corporation of India (NPCI), the governing body responsible for…

MobiKwik IPO oversubscribed by 119 times on Day 3

India’s tech IPO season is here to stay, as yet another tech…
CRED

Cred takes the wheel in insurance with Cred Garage

Fintech unicorn Cred is now doubling down on diversifying its financial services…
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…
Paytm drops Juspay, moves to direct payments

Macquarie downgrades Paytm, slashes target price by 58%

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

Paytm under investigation for FEMA violations amid regulatory scrutiny: Reuters

Paytm, the troubled Indian fintech giant, has now found itself under the…

Paytm to cut ties with Paytm Payments Bank amidst regulatory ban

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

BNPL fintech upstart Zestmoney, last valued at $450Mn, shuts down

In a pivotal turn of events, ZestMoney, a notable player in the…
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…

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…
Paytm drops Juspay, moves to direct payments

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…
PhonePe Flipkart

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

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

Indian fintech Money View nabs $75Mn in Series E, valued at $900Mn

New York-HQed Tiger Global has driven investments in yet another Indian startup…
Pratilipi raises funds, expands, eyes IPO

KreditBee nabs $80Mn in Series D to diversify product portfolio, strengthen tech

Fintech startup KreditBee has snagged $80 million in fresh funding. This Series…

BharatPe senior management exodus continues, CTO, CPO, others become latest to resign

Just when it seemed as if the Ashneer Grover-Bharatpe controversy was behind…

Razorpay enters loyalty and rewards management space with PoshVine acquisition

In a year that has been full of bearish market conditions, falling…

Razorpay enters offline payments space with the $200Mn Ezetap acquisition

In what has become a trend of sorts among India’s unicorns lately,…
Paytm drops Juspay, moves to direct payments

Paytm releases Q4’22 results, revenue grows 89% YoY but losses widen

Paytm’s merchant base grew to 26.7 million merchants and its loss increased from ₹441.8 crores in the same quarter last year to ₹761.4 crores in Q4 FY 2022.