Fintech Companies

The meeting came amid an RBI clampdown on Paytm Payments Bank over compliance violations, however, sources have indicated that there were no expressions of anxiety or concerns related to PayTM by Startup Founders and FinTech entities during the meet

Federal Bank to collaborate with fintech companies as growth strategy

MD&CEO of Federal Bank Shyam Srinivasan said the bank would like to grow organically, maintaining a balance between secured and unsecured portfolios.

RBI may bring fintech regulations soon: Dy governor Rabi Sankar

Sankar was speaking at the Moneycontrol Startup Conclave.

Chinese loan app case: ED charge sheet against Razorpay, fintech firms, NBFCs on money laundering charges

The federal probe agency said in a statement that the special Prevention of Money Laundering Act (PMLA) court based in Bengaluru has taken cognisance of the prosecution complaint (chargesheet).

Why is RBI’s Payment Aggregator License significant for fintech companies?

The companies that have been granted permission to function as payment aggregators in India would be directly under the purview of the RBI.

Why Mutual Funds are holding onto loss-making new-age tech companies

The prospect of exponential growth in a consumer economy drove several fund houses to invest in new-age tech companies, despite most of them being loss-making. But the acid test is the end of the lock-in period that is set to end in November for many companies.

Falling share prices, poor financials: New-age tech companies and pain in MF portfolios

Shares of Delhivery, the Indian logistics and supply chain company, fell by 31 percent last week on the back of moderate growth outlook. Some other new-age companies, like PB Fintech, fell too. Some fund houses that had bought new-age technology companies’ shares in their initial public offerings (IPOs) are now faced with the dilemma of what to do with them: hold for long-term prospects or exit and cut losses. Here are the fund houses that are still holding on to their shares

Fintechs at the gate – regulatory intervention to gain ground

The probability of disruptors getting disrupted have increased as fintechs stare at big regulatory risks

Fintech firms may not easily extend payments dominance to other financial services: Moody's

This is due to open architecture of UPI and banks ramping up digital product offerings outside the payments segment, according to Moody's

World Consumer Rights Day │ Fintech firms must examine robustness of their tech platforms

At a time when a large quantum of transactions is being done digitally, technology vulnerability of fintech companies, especially their inability to adequately safeguard customer data, could have adverse connotations to the entire financial sector 

Explained | How COVID-19 proved that 'Digital is Divine'​ for banking

Moneycontrol's Shraddha Sharma explains how the pandemic is accelerating digitalisation in the banking sector.

MSME lending: Digital lenders, fintechs at crossroads amid COVID-19

Innovation and technology can help the Indian MSME sector survive the current financial crisis, but for that fintech lenders which have been impacted themselves, need regulatory and government support.

COVID-19 lockdown: It’s time to digitally revolutionise financial inclusion in India

Millions of people and institutions around the world are being forced to adapt, and as we all know, digitisation is perhaps the biggest aspect of adapting to this crisis.

Fintech cos seek access to Aadhaar after Cabinet's nod to amend Act: Report

The move would allow fintech companies to restore Aadhaar-based verification for their customers that were stalled following the Supreme Court ruling in the Aadhaar case in September.

Fintech sector sees 23 deals worth $184 mn till June this year

According to News Corp VCCEdge India FinServ Insights, online platforms offering wealth management and lending/ credit services are fuelling fintech investments by the PE/VC/angel community.