Page 7 - Fintech

BS BFSI Summit: 'Fintechs had ample time to comply with regulations'

Industry players said that regulatory bodies in India engage in private deliberations with firms, scrutinising and evaluating them before taking any supervisory action

BS BFSI Summit: Our company culture key to innovation, says Razorpay MD

We have 50 different teams, each pursuing separate goals, which allows us to innovate and launch new products, said Shashank Kumar, co-founder and managing director of Razorpay, at the BFSI Summit

Savings, credit, jewellery major focus for Jar amid evolving finance needs

Amid growing financial uncertainty, Jar enables Indians to save in digital gold, offering small daily investments and options for jewellery conversion through its platform

SROs and fintechs: The emerging plot to boost partnerships, shape ecosystem

A critical component of SRO-FT role will be to monitor unethical or dubious practices and take steps to address them

Cashfree Payments gains regulatory approval to operate as a PPI provider

Cashfree Payments joins a growing list of PPI providers. At present, the banking regulator has issued these licences to 46 entities

Razorpay says payment gateway business grew 24% in revenue in FY24

Fintech company reports growth despite restriction on taking in new customers

Fintech major BharatPe rolls out investment platform 'Invest BharatPe'

The Delhi-based fintech launched digital gold in partnership with Safegold, enabling customers to purchase and sell gold digitally

WazirX reports 40% assets dip in reserves after July security breach

The decline in WazirX's holdings comes as the firm undergoes restructuring after a cyberattack led to the theft of over $230 million in July

Confident Paytm will solve 'concentration risk' in UPI ecosystem: CEO

One97 Communications announces consolidated profit of Rs 928.3 crore in Q2

WazirX moved over $73 million crypto after data breach: CoinSwitch

While WazirX did not deny the allegation in its official statement, it added that CoinSwitch should instead provide users real-time tracking tracking of proof of reserves and wallet addresses

Vikrant Massey: A Strategic Addition to Fintech Startups' Brand Ambassador Playbook

Tune in to hear Akshay Mehrotra, CEO of Fibe, discuss how they provide credit to youth and the key marketing tactics reshaping the fintech landscape!

Funding to Indian fintech rises 66%, number of rounds decline by 25%

On a quarter-on-quarter basis, funding to the fintech sector more than doubled from $293 million in Q2CY24

RBI nudges fintechs to consider granting same-day loans to street hawkers

Loans are repaid within 24 hours and seek to bolster financial inclusion at the bottom of the pyramid

Self-regulatory organisation for fintechs set to change membership profile

FACE's membership may expand to 180 from 80 as it diversifies and becomes more inclusive

M2P Fintech raises Rs 850 crore in series D, valuation at Rs 6,550 crore

The capital raised in the latest funding round will be utilised to strengthen its operations in India and grow its international footprint, particularly in Africa, the company said

'Unsecured credit growth slows but demand remains strong': Fibe co-founder

Digital lending company Fibe sanctioned 46.6 million loans in H2FY24, showing an 8.4 per cent increase from H1FY24. The firm has raised a total of $228 million in funding since its inception in 2015

Chennai-based fintech Kaleidofin announces raising $13.8 mn in funding

Company provides loans to low-income customers and businesses in informal economy

70% of employees unhappy at work, 54% looking to quit, finds report

Among various industries, the Fintech sector is ranked as the happiest, with the Real Estate sector emerging as the least satisfied

British fintech Revolut set to enter India in 2025, eyes premium market

Revolut Group Holdings is a global neobank and financial technology company. It has received in-principle approval from the RBI to issue prepaid cards and wallets

Navigating Growth in India's Thriving Start-Up Ecosystem

In this episode of Manager's Mantra, we are joined by Mr. Rishabh Goel, co-founder of Credgenics—an emerging FinTech company on its way to achieving unicorn status.