Tag: fintech

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Rio: Rio launches UPI app, partners Yes Bank and NPCI

Rio, a fintech platform, has launched its UPI app and has also partnered Yes Bank and NPCI to introduce a co-branded credit card.The...

BlueGreen Ventures: BlueGreen eyeing $75 million fund for early-stage companies

Anup Jain and Rajeev Suri, who left early-stage venture firm Orios Venture Partners as managing partners in September 2023, have floated a new...

Policybazaar: PB Fintech reports net profit of Rs 51 crore in September quarter; revenue up 40%

PB Fintech, which operates insurance marketplace Policybazaar and credit marketplace Paisabazaar, reported a 40% jump in total revenue to Rs 1,273 crore in...

GFTN: Singapore’s global fintech network to collaborate with partners in India, seek investments

Singapore's central bank MAS on Wednesday launched a not-for-profit Global Finance & Technology Network (GFTN), which will collaborate with partners in India on...

NPCI: NPCI curbs on unauthorised use of UPI IDs by fintech companies

The National Payments Corporation of India (NPCI) is cracking down on all forms of ‘unauthorised’ use of virtual IDs being generated for Unified...

IIMB to establish ‘Centre of Excellence for fintech’ backed by govt

The Karnataka government will establish a Centre of Excellence (CoE) in fintech in partnership with NSRCEL (Nadathur S Raghavan Centre for Entrepreneurial Learning)--...

Fintech: Fintech firms’ NBFC co-lending biz under stress after RBI action

Fintech firms which rely on co-lending partnerships with large non-banking finance companies (NBFCs) could be in for more stress, after the Reserve Bank...

Lendingkart: ETtech Exclusive: Inside the cash crisis, big valuation cut at Lendingkart

Lendingkart is staring at a massive valuation cut amid a cash crisis that has hit the MSME-focused lending platform over the past few...

Digital payments show strong uptick buoyed by wider adoption of credit during festive season

Usage of credit cards and credit-based payment instruments like pay-later products showed a robust increase during this year’s festive season sales, according to...

BharatPe: BharatPe vs Ashneer Grover settlement: making sense of the legal battle between the two parties

On Monday, Gurgaon-based fintech firm BharatPe settled all pending legal matters with its cofounder Ashneer Grover. The two parties had been in a...

Cred: Cred’s FY24 revenue surges 66% to Rs 2,473 crore; overall losses up 22% to Rs 1,644 crore

Fintech unicorn Cred on Monday reported a 66% jump in revenue to Rs 2,473 crore for 2023-24 from Rs 1,484 crore in the...

Ashneer Grover case: BharatPe, Ashneer Grover end long-drawn courtroom battle: the story so far

Fintech company BharatPe on Monday said that it had settled the two-year-old legal dispute with cofounder Ashneer Grover.As part of the settlement, Grover...