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May 11, 2021 11:22 AM ISTFintechs globally raised more than double the previous quarter, indicating the soaring demand for digital financial services during the pandemic, as more people stay at home. Robinhood, Stripe and many more touched record valuations and user numbers.
May 01, 2021 03:41 PM IST Here are some pointers for marketers in these times and for a post-pandemic era– that is, if there ever is one.
Apr 27, 2021 11:30 AM IST Fintechs in the MSME lending space need a godfather, like Nandan Nilekani for UIDAI, to coordinate across the various departments and ministries
Apr 08, 2021 08:57 AM IST Walmart had in January announced that it is creating a fintech company with venture capital firm Ribbit Capital.
Apr 08, 2021 07:53 AM IST Lending firm OfBusiness has raised $110 million valuing it at close $800 million, nearly triple its valuation from less than two years ago. The deal is also important given that small business lenders were among the worst hit during the pandemic and yet, some have recovered to become even stronger
Mar 31, 2021 02:51 PM IST The decision National Payments Corp of India (NPCI), India’s flagship payments processor. to check UPI’s growth by introducing a new rule that restricts TPAP (Third Party Application Providers) from going beyond 30% market share is bad for customers and payment apps.
Mar 31, 2021 07:38 AM IST After social media app Koo and fintech firm Krazybee, Chinese investors in Kunal Shah-led Cred are selling their entire stake
Mar 30, 2021 04:14 PM IST When the breach was reported last month, the company undertook a thorough investigation with the help of security experts and did not find any evidence of a breach, Singh said.
Mar 12, 2021 04:50 PM IST The companies have grown a staggering 13x to 70x over the last two years, a testament to the growth that the fintech sector has seen in India, the report said.
Mar 04, 2021 08:43 AM IST Walmart's newest venture, whose name and scope of work are yet to be revealed, is radically different in that its partner isn’t a banking services firm or even a pure tech provider but an investment firm
Mar 03, 2021 10:52 AM IST The Fintech Association for Consumer Empowerment (FACE) is working hard to usher in fair and transparent digital lending practices, says founding member Akshay Mehrotra. He lists the steps taken by the FACE to gain consumer confidence and checking unfair loan recovery methods
Mar 02, 2021 08:32 AM IST Select companies from the commodity space could also gain from the spending on infrastructure in some of the developed countries looking to revive growth, as well as in India, says Bhat.
Feb 22, 2021 02:36 PM IST The Daily Telegraph' quoted Whitehall sources with knowledge of the plans to say that the new visas are likely to be approved by Tech Nation, Britain's national network representing tech entrepreneurs
Feb 10, 2021 05:18 PM IST BNPL is becoming used increasingly by millenials for shopping online and traveling, but its risk needs to be fully understood
Jan 23, 2021 09:31 AM IST Many Indians are looking at investing in technology giants listed on American bourses. Globalise attempts to get them on board with an online platform that enables them to place long-term bets on global companies from the comfort of their homes.
Jan 22, 2021 01:29 PM IST The ED and police CIDs have also sent written notices to payment gateways such as Razorpay and Paytm, asking them to “stop dealings with such companies”
Jan 13, 2021 01:38 PM IST Bengaluru-based Paytm Money has almost completed the entire gamut of investment options for its consumers; starting with direct mutual funds two years back, it has moved into stock trading, ETFs, pension scheme, IPO investments and now F&O trading
Jan 06, 2021 02:31 PM IST After insurance, wealth management and credit cards, Paytm has now waded into the personal-loan space, looking to dish out credit with flexible tenures, mostly to new credit customers.
Jan 05, 2021 03:15 PM IST The first tranche of $100 million equity is targeted by March 2021
Jan 05, 2021 07:52 AM IST The industry association has pointed out that most of such entities are unregulated, unscrupulous players who need to be barred by the RBI. However, it admits that some course correction is required for startups themselves as well.
Dec 31, 2020 09:38 AM IST The Ahmedabad-based NBFC which leverages technology to solve the financial needs of small businesses, wants to push its technology game more and lend through a co-lending model. It is already working with banks and NBFCs to push interest rates southwards and reach out to more small businesses.
Dec 29, 2020 01:52 PM IST Milner, along with other top VCs, is in talks to invest in gold loans startup Rupeek, nearly doubling its valuation in less than a year. Its current backers include Sequoia, Accel and Binny Bansal.
Dec 16, 2020 06:26 PM IST The market regulator has relaxed the profitability criteria for companies looking to start mutual fund businesses
Dec 16, 2020 08:32 AM IST Technology companies are reaping benefits as banks look for quick deployment of technology solutions to take their physical processes digital, accelerated by social distancing mandated by COVID-19.
Dec 10, 2020 10:56 AM IST Players such as Upstox, Groww, Paytm Money and 5Paisa are expanding their customer base rapidly, with Zerodha leading the pack. Traditional brokers need to up their digital game to attract millennial customers, but the question is how many will become active traders in the future?
