Fintech

Credgenics forays into consumer segment with FixMyScore.ai platform

Credgenics has entered the consumer segment with the launch of FixMyScore.ai, targeting credit score improvement and repayment solutions for retail borrowers

Post-DPDP, info collected by banks needs to be revisited: RBI official

Banks must reassess the amount of customer data they collect under the DPDP Rules, while continuing to innovate responsibly with AI, an RBI official said

Turtlemint Fintech eyes ₹2,000-cr IPO; to file Sebi papers in 2 weeks

Insurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000-crore initial public offering (IPO) anywhere between March and April, people familiar with the development said on Tuesday. The company had confidentially filed its preliminary IPO papers in September and received Sebi's approval in December to move ahead with the public issue. Following Sebi's approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then RHP for the actual launch. According to people familiar with the development, the insurtech firm is targeting a public listing by April. Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, the company focuses on simplifying the purchase and management of insurance ..

PayPal applies to become a bank to expand lending as US loosens regulations

If approved, PayPal Bank would help the firm bolster its small-business lending capabilities, addinf that the company has provided access to more than $30 billion in loans and capital since 2013

Fintechs hold steady in changing terrain as unsecured credit business grows

Growth fueled by digital infrastructure and co-lending, as fintechs shift to asset-light models amid tighter funding

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