Page 39 - Ajinkya Kawale

Fintech firm Fibe raises $90 mn in funding round, looks to list in 3 years

Consumer loans company says it will use the financing to expand business

Aye Finance adopts 'phygital strategy' to revolutionise credit underwriting

Aye Finance's phygital strategy leverages technology to underwrite credit and disburse loans, using business markers to predict sales and categorise underwriting methods

Peru to adopt UPI technology, first South American country to do so

India's NIPL inks pact with Peru's central bank to develop the technology

Adani One launches two variants of co-branded credit cards with ICICI Bank

Cardholders can get up to 7 per cent Adani reward points on spends within the Adani Group ecosystem

Aim to connect lenders, customers for financial needs: PhonePe Lending CEO

In unsecured loans, there is no asset or underlying security that is taken from the customer, said Gala

Nearly 4 out of 5 digital transactions via UPI, says RBI annual report

The report further added that the Payments Infrastructure Development Fund (PIDF) has aided in the growth of digital payments in the last financial year, the RBI said

RBI finalises framework for self-regulatory organisations in fintech sector

Central bank calls for diverse representation

Google Wallet partners with Pine Labs to help manage gift cards within app

This partnership comes nearly three weeks after Google announced the launch of its digital wallet application in India

B2B fintech Vegapay raises $5.5 mn; co. to fund team expansion, operations

The company will utilise the capital raised towards expanding product and technology teams and investing in operations and compliance requirements

'Speculative, untrue': Paytm, Adani Group deny stake sale in fintech major

News report said coal-to-airports conglomerate is buying a stake in the digital payments firm

AI, cloud, and super app: Adani group looks to bet big on technology

At present, the Adani Group operates across multiple sectors such as energy and utilities, transportation, and logistics, among others

RBI Governor Das launches portal for online application, approval

Starts app for retail direct; repositories for fintech, lenders

Paytm Insider announces elevation of Varun Khare to position of COO

Prior to this, Khare was the business head of live entertainment (intellectual properties and partnerships) at the company

Valuations, better access to capital spur fintech players' homecoming

Firms that are looking to shift their domicile back to the country may have to look at a hefty tax bill

BharatPe, PhonePe amicably settle trademark disputes over 'Pe' suffix

The settlement concludes five-year-long legal disputes across multiple courts

Noida-based Paytm General Insurance withdraws application with Irdai

The company will focus on its insurance distribution portfolio, moving away from making insurance products

With PA approval, fintech firm Decentro launches new payment stack

The company has launched fintech products such as collections on Unified Payments Interface (UPI) and will introduce recurring payments in the next few weeks

Crypto exchange CoinSwitch publishes third edition of proof of reserves

Assets held by PeepalCo, the parent brand of CoinSwitch, are in addition to these funds and are not included in the PoR assessment

Paytm changes designation of senior exec, CBO Ripunjai Gaur named SMP

Fintech giant has seen exits in its senior management after its banking unit was put under restrictions in January

Loans to subscriptions: Paytm feels effect of RBI curtailing Payments Bank

Paytm on Wednesday reported a 54 per cent year-on-year (Y-o-Y) decline in total loans disbursed in its financial results for 2023-24 (FY24)