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  • Fintech startups raised record $22.8 billion in Q1 2021: Report May 11, 2021 11:22 AM IST

    Fintech startups raised record $22.8 billion in Q1 2021: Report

    Fintechs 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.

  • What awaits B2B marketers and what steps to take May 01, 2021 03:41 PM IST

    What awaits B2B marketers and what steps to take

    Here are some pointers for marketers in these times and for a post-pandemic era– that is, if there ever is one.

  • How to bridge the credit gap for MSMEs Apr 27, 2021 11:30 AM IST

    How to bridge the credit gap for MSMEs

    Fintechs in the MSME lending space need a godfather, like Nandan Nilekani for UIDAI, to coordinate across the various departments and ministries 

  • Walmart files trademark for its fintech venture's name Apr 08, 2021 08:57 AM IST

    Walmart files trademark for its fintech venture's name

    Walmart had in January announced that it is creating a fintech company with venture capital firm Ribbit Capital.

  • OfBusiness raises $110 million led by Falcon Edge, valued at close to $800 million Apr 08, 2021 07:53 AM IST

    OfBusiness raises $110 million led by Falcon Edge, valued at close to $800 million

    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

  • Can 30% market share cap on UPI ever be implemented? Mar 31, 2021 02:51 PM IST

    Can 30% market share cap on UPI ever be implemented?

    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.

  • Exclusive | Chinese investors, angels eye exit from Cred in secondary share sale Mar 31, 2021 07:38 AM IST

    Exclusive | Chinese investors, angels eye exit from Cred in secondary share sale

    After social media app Koo and fintech firm Krazybee, Chinese investors in Kunal Shah-led Cred are selling their entire stake

  • Incorrect to suggest data available on dark web accessed from Mobikwik, says CEO Bipin Preet Singh Mar 30, 2021 04:14 PM IST

    Incorrect to suggest data available on dark web accessed from Mobikwik, says CEO Bipin Preet Singh

    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.

  • Fintech emerges as fastest growing tech sector: Report Mar 12, 2021 04:50 PM IST

    Fintech emerges as fastest growing tech sector: Report

    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.

  • New fintech venture is Walmart’s latest attempt to change its battleground Mar 04, 2021 08:43 AM IST

    New fintech venture is Walmart’s latest attempt to change its battleground

    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

  • We acted swiftly to pull down illegal Chinese digital lending apps: Fintech association Mar 03, 2021 10:52 AM IST

    We acted swiftly to pull down illegal Chinese digital lending apps: Fintech association

    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

  • DAILY VOICE | Fintech companies could create wealth over next decade: Shyamsunder Bhat of Exide Life Mar 02, 2021 08:32 AM IST

    DAILY VOICE | Fintech companies could create wealth over next decade: Shyamsunder Bhat of Exide Life

    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.

  • Rishi Sunak plans new Tech Visas to boost UK fintech: Report Feb 22, 2021 02:36 PM IST

    Rishi Sunak plans new Tech Visas to boost UK fintech: Report

    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

  • Sequoia-backed MoneyTap to launch ‘Buy Now Pay Later’ model Feb 10, 2021 05:18 PM IST

    Sequoia-backed MoneyTap to launch ‘Buy Now Pay Later’ model

    BNPL is becoming used increasingly by millenials for shopping online and traveling, but its risk needs to be fully understood

  • Ex-Deutsche father-son duo show investors the way to Wall St with Globalise Jan 23, 2021 09:31 AM IST

    Ex-Deutsche father-son duo show investors the way to Wall St with Globalise

    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.

  • ED, police CIDs crack whip on Chinese-backed fintech lenders: Report Jan 22, 2021 01:29 PM IST

    ED, police CIDs crack whip on Chinese-backed fintech lenders: Report

    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”

  • Paytm Money launches F&O trading on the app Jan 13, 2021 01:38 PM IST

    Paytm Money launches F&O trading on the app

    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

  • Paytm starts offering instant personal loans, enters a hot fintech market segment Jan 06, 2021 02:31 PM IST

    Paytm starts offering instant personal loans, enters a hot fintech market segment

    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.

  • BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report Jan 05, 2021 03:15 PM IST

    BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report

    The first tranche of $100 million equity is targeted by March 2021

  • Digital lending startups face image crisis as borrowers cry coercive collection tactics by some app-based lenders Jan 05, 2021 07:52 AM IST

    Digital lending startups face image crisis as borrowers cry coercive collection tactics by some app-based lenders

    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.

  • Lendingkart to stress on tech play, looks at banks and NBFCs for partnerships Dec 31, 2020 09:38 AM IST

    Lendingkart to stress on tech play, looks at banks and NBFCs for partnerships

    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.

  • Exclusive| Billionaire Yuri Milner fund in talks to invest in Rupeek Dec 29, 2020 01:52 PM IST

    Exclusive| Billionaire Yuri Milner fund in talks to invest in Rupeek

    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.

  • SEBI allows fintechs to apply for mutual fund licenses with relaxed norms Dec 16, 2020 06:26 PM IST

    SEBI allows fintechs to apply for mutual fund licenses with relaxed norms

    The market regulator has relaxed the profitability criteria for companies looking to start mutual fund businesses

  • Banking tech startups find new business opportunities as banks digitise systems rapidly Dec 16, 2020 08:32 AM IST

    Banking tech startups find new business opportunities as banks digitise systems rapidly

    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.

  • Broking startups race ahead as stock trading stands at the cusp of a digital disruption Dec 10, 2020 10:56 AM IST

    Broking startups race ahead as stock trading stands at the cusp of a digital disruption

    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?

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