Page 21 - Fintech

RBI examining PPI credit, BNPL models; in talks with fintechs on concerns

The central bank is looking at a framework that can exist without hampering pace of innovation, even as it addresses consumer protection and cyber security concerns

TMSEp199: Economy's direction, hard times for fintechs, Airtel, Voda stocks

Where is the economy headed? Are tough times ahead for fintech companies? How does the near term look for Airtel, Voda Idea stocks? What is a black swan event? Find the answers here

With RBI acting tough, are fintech companies staring at tough times ahead?

Of late, the central bank has been coming down heavily on fintechs. So, what is the road ahead for fintech firms? Let us find out here

Will issue guidelines to make digital lending ecosystem safer: RBI Guv

Speaking on inflation, Guv Das said that had the monetary policy been tighter, the economic damage would have been enormous

Fintech startup HostBook raises $3 mn in series A funding led by Razorpay

Hostbooks intends to utilise the Series-A funding to further scale its operations and enhance its existing product suite

Cred raises $80 mn in funding led by GIC at $6.4-bn valuation: Report

The existing investors Tiger Global, Sofina Ventures, Alpha Wave Ventures and DF International also participated in the funding round, said a news report

Fintech challenge is a fantasy

Digital banks are a threat, not so much to banks as to banking stability on account of the systemic risk they pose

Cryptos akin to a world of Carribean pirates in absence of regulation: CEA

V Anantha Nageswaran said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'

Fintech has potential to transform India's financial landscape: MoS Finance

Industry looks at credit card penetration as a key growth driver in future

Micro MSME Fintech ARTH raises $2.5 mn from KfW arm, MIT alumni and others

Total funding including from promoters rises to $3.5 million; funds to be used to expand services, enhance tech capabilities

Fintech for every merchant

Fintech firms have created an ecosystem of trust and supportiveness for merchants, by helping them with creative solutions and innovative products

Indian fintech's success an example of popular support for reforms: Modi

India got record amount of foreign investments last year during the coronavirus pandemic, says Prime Minister in Hyderabad.

Three Wheels United raises $10 mn to increase financing for EV 3-wheelers

TWU has previously raised funding from Asian Development Bank Ventures, Techstars, Microsoft, and investors from the Middle East, Europe, and US

Fintech regulation must be calibrated

Fintechs have leveraged the gaps in traditional financial institutions and processes to provide increased efficiency and productivity. They have been a vehicle of financial inclusion

Keen to invest more in Indian software, fintech: Insight Partners top brass

Nikhil Sachdev (MD) and Nikki Parker (SVP) travelled to India from the US for face-to-face meetings aimed at building strong ties with Indian startup founders

eMudhra sets IPO price band at Rs 243-256 per share, sale to open on May 20

Digital signature certificate provider eMudhra Ltd on Monday said it has fixed a price band of Rs 243-256 a share for its Rs 413-crore Initial Public Offering (IPO).

Fintech firm BharatX raises $4.5mn in seed round to expand business

The company works with brands and websites to provide a credit feature in their apps to serve customers.

Eduvanz raises Rs 50 cr in debt round as credit disbursal doubles in FY22

Onboards Oxyzo and Unifi AIF as new lenders; existing lenders, Vivriti and MAS, take incremental exposure

Fintech start-up Actlogica raises seed funding from Zerodha's venture arm

The husband-wife duo of Ameet Ayare and Archana Anoor founded Actlogica in 2015 to aid wealth managers and investment management professionals

udaanCapital ties up with Northern Arc Capital for financing 50,000 kiranas

udaanCapital currently helps disburse over Rs 8,000 crore credit a year to 150,000 kiranas and small businesses. The credit is short-term and ranges from Rs 10,000 to Rs 25 lakh