Fintech

Digital NBFCs record nearly half of all outstanding personal loans

Digital non-banking financial companies (NBFCs) account for 49 per cent of outstanding personal loan volumes, but only 8 per cent of the value as of September

Q2 earnings: Pine Labs posts ₹5.97 crore net profit, revenue up 18%

The company's revenue from operations grew 17.82 per cent to Rs 649.9 crore in Q2 FY26 from Rs 551.57 crore in Q2 FY25

Juspay aims for $1 bn revenue before exploring IPO: Fintech's cofounder

Global expansion will drive growth before any listing move, says Sheetal Lalwani

Pine Labs lists at 10% premium on bourses; should you buy, sell or hold?

Pine Labs shares listed at ₹242 per share on the NSE, opening with a 9.5 per cent premium over the issue price of ₹221

PhonePe partners with OpenAI to integrate AI features across its platform

PhonePe said the collaboration will enable OpenAI's ChatGPT to be discoverable across its consumer app and the PhonePe for Business app

Fintech major Pine Labs IPO subscribed 2.5 times amid weak market sentiment

Pine Labs' ₹3,900-crore IPO saw 2.5 times subscription, driven by institutional investors, while the retail and HNI portions saw subdued demand amid valuation concerns

Final hours! Pine Labs IPO closes today: Check latest subscription, GMP

Pine Labs IPO received bids for 158.4 million shares against 97.9 million shares on offer as of 03:00 PM on November 11

Groww IPO subscribed 18x; check allotment status, GMP, listing date

Groww IPO allotment: Investors can check their allotment status on the websites of NSE, or BSE, or via MUFG Intime India

Pine Labs IPO opens for bidding: Check GMP, price band, key dates, review

Ahead of its IPO, Pine Labs raised ₹1,753 crore from 70 institutional investors through an anchor book on November 6

PB Healthcare acquires Fitterfly to expand into preventive digital care

The company also announced the onboarding of senior healthcare leaders to bolster its management team

Pine Labs IPO: Tech-driven growth, hidden risks; what investors should know

Pine Labs IPO: comprises a fresh issue of 94.1 million shares aggregating to ₹2,080 crore, and an OFS with investors divesting up to 82.3 million shares worth ₹1,818.9 crore

Fintech firm Pine Labs trims IPO size, sets price band at ₹210-221 a share

The number of shares in the offer for sale (OFS) was reduced from 14.78 crore shares to 8.23 crore shares

Pine Labs IPO opens Nov 7; sets price band at ₹210-221: Check key details

Pine Labs comprises a fresh issue of 94.1 million equity shares amounting to ₹2,080 crore and an OFS of 82.3 million equity shares aggregating to ₹1,819.9 crore

Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months

The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation

Razorpay reports ₹1,209 crore loss in FY25 despite 65% revenue jump

Fintech major Razorpay's FY25 revenue surged 65% to Rs 3,783 crore, but high tax and restructuring costs from its reverse flipping to India pushed it into a Rs 1,209-crore loss

Paytm transfers offline merchant payments to PPSL to comply with RBI norms

One 97 Communications Ltd, the parent company of Paytm, has approved the transfer of its offline merchant payments business to its wholly owned subsidiary, Paytm Payments Services Ltd (PPSL), to comply with the Reserve Bank of India's guidelines for payment aggregators. In a stock exchange filing, the company said the proposed transfer will consolidate the group's online and offline merchant payments businesses under PPSL, which has received in-principle approval from the RBI to carry out a payment aggregator (Online) business. The company said this will ensure that all payment aggregation activities are housed within one regulated entity and will build efficiency and synergy within the group. The Offline Merchant Payments Business includes merchants serviced through QR codes, Soundbox, and EDC machine payments. The transfer will be executed through a slump sale on a going-concern basis, subject to the approval of shareholders and the board of PPSL. Since this is a transfer to a ...

Fintech firm Dezerv raises ₹350 crore to expand wealth tech platform

Fintech platform Dezerv's total funding now stands at ₹850 crore as it plans to expand across asset classes and hire top talent to enhance investor experience

'Aspirational India' drives up retail digital payments, says report

The Unified Payments Interface remains the primary entry method, while credit instruments like credit cards and 'buy now, pay later' are increasingly favoured for high-value transactions

Tide to invest ₹6,000 crore in India, create 800 new jobs over five years

UK fintech Tide will invest 500 million euros (₹6,000 crore) in India over five years from 2026, creating 800 jobs as it deepens its commitment to the country's fast-growing SME sector

Starmer rolls out red carpet for Indian firms, fintechs to invest in UK

UK PM Keir Starmer invites Indian firms and fintechs to expand in Britain, promising a red-carpet welcome, faster authorisations, and new visa routes for talent