FinTech | Page 5

Business News

BharatPe Acquires 51% Stake In Trillion Loans

This acquisition is in line with BharatPe Group's vision to be at the forefront of addressing the credit gap for millions of businesses and consumers in the country

By Teena Jose

Business News

How axio Is Making Credit Worthy For All

By Entrepreneur Staff

Business News

Pine Labs Shelves IPO Plans Considering Rout In Global Markets: Report

By Teena Jose

Business News

LenDenClub: India’s Largest Peer-to-Peer Lending Platform

By Kavya Pillai

Business News

SmartCoin The Financial Wellness Platform

SmartCoin is one of India's financial wellness platforms addressing credit requirements of the vastly underserved segments in India and partners with customers across their financial lifecycles.

By Kavya Pillai

Business News

Leading the Fintech Revolution

In 2019, Rohit Arora launched Biz2X, a platform to help banks run their lending operations at scale in the Indian market. A natural outgrowth of Biz2Credit, he noticed how banks and fintech players lending to MSMEs suffered from costly SME originations, leading to expensive and poorquality customer acquisition.

By Paromita Gupta

Business News

India Has the Potential to Become the Fintech Capital of the Globe: Investors

India ranked in the top five regions in terms of total funding activity in Q1 2023 and was the second-highest funded territory globally for fintech funding.

By Sujata Sangwan

Business News

Sequoia-Backed Fintech Major Razorpay Joins ONDC

The fintech company claims that it will be the first payment gateway to launch a payment reconciliation service for the network participants

By Teena Jose

Business News

The Insurance Trailblazer

RenewBuy's insurance advisors reach out to their consumers across the country, armed with the RenewBuy Mobile App, which replicates fully what a physical insurance company branch can do

By Soumya Duggal

Business News

Working With MeitY And RBI; FM On Ponzi Apps

Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by them

By Teena Jose

Business News

UPI Dominates Digital Transactions In 2022 Worth INR 126 Lakh Crore: Worldline Report

India's flagship payment platform Unified Payments Interface (UPI) continued to be the most dominant channel for digital payments in 2022 with a 70% increase in the number of transactions to 74 billion and a 54% increase in the value, stated the report

By Teena Jose

Business News

Freo: Aiming For The Digital Banking Hot Seat

Kunal Varma is the CEO and co-founder of Freo, a digital banking platform for Indians, where they can easily spend, save and borrow for a better financial life.

By Kabir Singh Bhandari

Business News

Indian Fintech Startups Secure $1.2 Billion In Q1 2023: Tracxn

As per the report, this is a sharp jump of 126% when compared with $523 million raised in the fourth quarter of 2022

By Teena Jose

Business News

PhonePe Raises $100 Million Additional Funding From General Atlantic

The investment will help fuel the fintech firm's expansion plans

By Teena Jose

Business News

Propelling Fintech To Newer Heights

The company has plans to transition towards more relationship-based offerings shortly which would involve assisting students in rating and reviewing courses and educational services, enabling them to make informed decisions and fostering better connections.

By Paromita Gupta

Business News

UGRO Capital Limited Announces Equity Capital Raise Of INR 340 Crore

The equity fund raise is subject to customary closing conditions, including regulatory and shareholder approvals

By Teena Jose

Business News

FlexiLoans AUM Crosses INR 1000 Crore, Aims To Hit INR 10,000 Crore By 2025

The platform aims to reach INR 10,000 crore in AUM by 2025 and be among the top three pure-play MSME lending institutions in the country

By Teena Jose

Business News

Government May Consider 0.3% Fee To Ensure Financial Viability of UPI: Report

The report also stated that the facilitation fee of 0.3% can generate around INR 5,000 crore in 2023-24

By Teena Jose

Business News

Student Run Startup Plutus Raises $280,000 Pre-Seed Funding

The fund raised will help Plutus build new tools to expand the monetisation potential for content creators

By Teena Jose

Business News

Fintech And Compliance: It’s Not One Size Fits All

Since most fintech companies in India offer a wide range of products and services across sub-categories of finance, the legal requirements and compliances automatically become complicated

By Monish Anand

Business News

PeProp.Money Secures Seed Funding From India Accelerator

The funding will be used to further enhance the technology, attract new markets and customers while continuing to provide unparalleled service to the existing partners

By Teena Jose

Business News

PhonePe Raises $200 Million Additional Funding From Walmart

The company plans to deploy these funds to build and scale new businesses like insurance, wealth management, lending, stockbroking, ONDC-based shopping and account aggregators

By Teena Jose

Business News

Univest Raises $1.5 Million In Seed Funding Round

The new fund raised will be utilised to strengthen the company's financial product distribution business and scale up the right talent

By Teena Jose

Business News

Fintech Startup Finsire Raises $1.3 Million In Seed Funding

The company focused on building and digitizing the Infra rails from various assets and innovating in this space with asset originators, depositaries and lenders

By Teena Jose

Business News

Fintech Companies Need a Self-Regulatory Approach, Says RBI Deputy Governor

The Reserve Bank of India (RBI) has said that the financial technology, or fintech, sector should organize itself under a self-regulatory organization that can monitor the conduct of member fintech entities

By Teena Jose

Business News

Mintoak Raises $20 Million Series A Funding Round

The company plans to deploy the raised capital to ramp up its tech stack and double down on the existing product portfolio

By Teena Jose

Business News

LoanKuber Raises $2 Million In Series A Funding

The fund raised will be used to rapidly scale AUM, improve the existing technology stack as well as to build and expand the team

By Teena Jose

Business News

PhonePe Raises $100 Million In Additional Funding At $12 Billion Valuation

The company plans to deploy these funds to scale up its payments and insurance businesses in India, as well as to launch and aggressively scale new businesses

By Teena Jose

Business News

Fintechs Will Fuel Digital Lending Over Traditional Lending By 2030: Report

The research reportedly highlights that the next 100 million customers are likely to have a vastly different profile and expectations than those currently in place

By Teena Jose

Business News

Finance Minister Urges IMF On Crypto Regulation

Kristalina Georgieva congratulated India on its strong economic performance in challenging global times and its role at the forefront of digitalisation of the economy, especially in the area of digital payments

By Teena Jose