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NPCI International, UAE fintech partner to enable UPI for Indian travellers

The collaboration with fintech firm Magnati will enable QR-based UPI merchant payments through point-of-sale (POS) terminals across the UAE

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Negi was appointed as the CEO of the company in April 2024 after serving as an interim CEO and chief financial officer (CFO)

Growth in fintech personal loan value moderates in first 2 quarters of FY25

On a year-on-year (YoY) basis, fintech personal loan sanction values grew 10 per cent to Rs 24,847 crore in Q2FY25, compared to Rs 22,439 crore in Q2FY24

At $1.9 billion, Fintech funding declines for third year in a row

The sector raised a high of $8.3 billion in 2021 across 665 funding rounds

Krav Maga: Israeli martial art packs a punch for self-defence in India

Israeli fighting method has been gaining traction in the country over past few years

Games24x7 announces final list of its startup accelerator programme

More than 330 companies had applied to the programme, which was launched in October 2024

Supply chain platform KredX secures RBI's approval to launch TReDS platform

KredX's DTX is the fifth platform to receive the banking regulator's nod to operate TReDS

Navi crosses 1% market share in UPI transactions in December 2024

This is the first time in many months that a firm outside the top three has achieved this

As cyberattacks expand footprint, firms will need to focus on data security

Renewed focus on the segment comes in the backdrop of the draft DPDP rules being notified last week

MobiKwik posts Rs 3.59 crore loss in Q2FY25, total income grows 42%

The Gurugram-based company's total income rose 42 per cent year-on-year (Y-o-Y) to Rs 293.66 crore in Q2FY25 from Rs 206.83 crore in Q2FY24

Q3 results preview: TCS to Wipro, IT firms may post better revenues

Optimism on revenue growth based on projected improvement in technology spending in CY25

More than 4 out of 10 users earn dividends, says Cred Money report

At a median level, users earn dividends about ten times annually. Banking activity includes 116 P2P banking transactions against 318 outgoing payments, Cred Money data shows

CoinSwitch moves to acquire WazirX users offering Rs 600 cr in recovery aid

At present, CoinSwitch has a base of over 20 million users. The programme aims to target about 4 million users of the WazirX platform

India ranked second in attacks by threat actors in 2024, shows data

Globally, manufacturing, construction and real estate, healthcare, tech and telecom, and financial services were the top affected sectors

BharatPe parent to sell up to 25% stake in Unity SFB for $800 million

The move is in line with regulatory requirements to reduce its holding in the bank to 10 per cent by 2029, irrespective of the listing of Unity SFB, said sources

BharatPe parent to sell up to 25% stake in Unity SFB for $800 mn

According to the licensing requirements, BharatPe has to bring down its stake in the bank to 10 per cent within eight years from the bank's operations

Turning tide: Fintech firm Paytm's Ebitda likely to break even this quarter

Brokerages expect improved contribution of financial services into revenue pie

UPI moment for B2B payments: Bharat Connect likely to go live by March

The NPCI subsidiary, which will follow the model similar to TPAPs, is conducting pilots with eight companies

Credit-on-UPI fintech Kiwi rooted in upheavals in economy, co-founder says

Demonetisation and the pandemic drove India's digital transformation in financial services. Companies built unique use cases around UPI

NPCI extends market cap deadline for UPI apps by two years to end of 2026

Apex payments body also relaxes user onboarding limits for WhatsApp Pay, enabling messaging firm to onboard all of its India users