Page 36 - Fintech

Unicorn fintech company Pine Labs invests in Malaysia-based Fave

Pine Labs processes payments of $30 billion per year and serves some 150,000 merchants across about 450,000 network points in Asia.

UK-based fintech unicorn Rapyd enters India with flexible payment solution

Partners with several key players in India's payments ecosystem such as Paytm Payments Bank, PhonePe, PayU and HDFC Bank to roll out the solution

MobiKwik FY20 revenue surges 134% to Rs 379 cr; eyes profits this fiscal

MobiKwik's merchant-facing payment gateway business registered net revenue of Rs 190 crore in FY20, compared to Rs 101 crore in FY19 on a standalone basis

Regulators, top govt officials meet to pull economy out of crisis

They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.

Fintechs see inflexion point as Covid-19 gives fillip to digital modes

Fintechs are at an inflection point with the Covid-19 pandemic giving a huge fillip to digital modes, reports Raghu Mohan

Sebi approves regulatory sandbox framework for stock market ecosystem

Sebi's new framework allows live testing on a small set of customers for a limited period of time.

Covid-19 opens new doors for fintechs as users shun cash deals for digital

Companies report spike in transaction via android apps as merchants opt for contactless payment systems

Ahead of IPO, SBI Cards sees fintechs, UPI as formidable competition

SBI Cards expects competition to intensify in future

Uber creates a fintech team at Hyderabad for global tech innovations

The Hyderabad-based team will be involved in enabling upcoming new global features and improvements, including real-time earnings

Flipkart digs deep into India's fintech market; clocked 40% growth in 2019

From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.

Fintech brands Nexus, EZETAP map customer experience, set the tone for 2020

Using proprietary models, AI, mixed reality solutions and a suite of products and services that cater to the unique needs of target audiences

Cashe may become a digital bank in five years, says CEO Ketan Patel

Patel on how the fintech company plans to build its business, get a small finance bank licence

How recent snooping incident may affect the launch of WhatsApp Pay

An Israeli spyware was used to snoop of some 1,400 people globally, including 121 Indian citizens. Listen to the podcast to know how this incident might affect the launch of WhatsApp's payment service

Fintech start-up offering tools to reduce credit risk raises $3.2 million

Less than 15 per cent of the 50+ million small businesses in India have access to formal credit

Kerala Startup Mission, UK fintech firm tie up to help local enterprises

Pact is aimed at creating an open-innovation ecosystem and solutions for future financial services in retail banking, transaction banking, lending and treasury and capital markets

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

Statspeak: Four reasons why FinTech adoption remains on the rise

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

Tax sops, funding access: What fintech, start-ups expect in Budget 2019

The government needs to attack on the front foot by easing liquidity conditions and bringing in needed regulatory changes to aid job creation, said Bhupinder Singh, CEO and founder, InCred

Neo-banking start-up Open raises Rs 210 cr from Tiger Global, others

Plans to use funding to scale up team, launch more products and value-added services, expand reach to one mn SMEs in next one year

Fintech players expect govt to opt for market-driven approach to pricing

To broaden the presence of digital payments and enhance volume of transactions, a high-level panel led by Infosys co-founder Nandan Nilekani has recommended reduction in costs