Page 33 - Fintech Sector

Fintech firm Mobikwik becomes operationally profitable, eyes IPO

Gurugram-based firm which started its operations in 2009, is looking at further scaling its lending portfolio and achieve profitability on a full year basis in FY21

Fintech committee recommends new legal framework for consumer protection

The Steering Committee on fintech-related issues has also suggested cash flow-based financing for micro, small and medium enterprises

Fintech panel suggest legal framework to protect digital services consumers

The report said the Department of Financial Services should work with PSU banks to bring in more efficiency to their work and reduce fraud and security risks

Statspeak: Four reasons why FinTech adoption remains on the rise

FinTech challengers are looking less like start-ups and more like professionally managed companies

NiYO raises the fintech pitch by launching SME banking, global forex card

The neo-banking start-up recently raised $35 million in Series B funding led by Horizons Ventures, Tencent and JS Capital LLC

Fintech start-ups chug along the loan growth path as banks, NBFCs falter

Many customers are migrating from both public and private sector banks to avail credit through this route

Banks near zero hour on $124-trn flows as fintechs cut their share, margins

Traditional banks must raise their game to keep customers from fleeing to the likes of TransferWise and Revolut Ltd

Fintech sector can't deliver if data is kept personal: Finance Secy Garg

He said Supreme Court's Aadhar judgement was a setback for the fintech industry, and that Aadhar offered an advantage to the industry, but taking it away may not help the sector