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During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025
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Interestingly, Apple allows only UPI Autopay for subscriptions in India after multiple regulatory changes on credit card recurring payments caused big disruptions
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The error, confirmed by a Stripe spokesperson, occurred during the company’s internal process of notifying impacted employees. The layoffs were first reported by Business Insider and later addressed in a memo to staff by Rob McIntosh, Stripe’s Chief People Officer.
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The company said it is unable to promise "easy onboarding" for all new users in the country and will focus on international business.
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Stripe said it would use the cash to cover a large tax bill associated with stock granted to employees and to provide liquidity to employees.
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People are concerned about the power needs of removing carbon from the environment, but there are other challenges to sort out before then
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The move, communicated to Stripe employees in an internal memo earlier on Thursday, would give them an opportunity to sell shares in the company either to private investors or in a public market, the sources said.
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US fintech stocks have performed worse than financial and technology companies in the past year amid tightening of monetary policies by various major central banks leading to worries of a looming recession
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Here are the details of the severance package that laid-off employees at Twitter, Byju’s, Unacademy and other companies will get.
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After the job cuts, Stripe will have about 7,000 employees, according to an email to employees from founders Patrick and John Collison on Thursday.
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MSwipe received in-principle approval from the Reserve Bank of India (RBI) for the payment aggregator license on August 8. The company also cross-sells loans to merchants.
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The company in an email to employees said that the internal share price was about $29, compared with $40 in the most previous internal valuation, known as a 409A valuation
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Moneycontrol was the first to report on July 8 that Razorpay, Pine Labs and American payments company Stripe are the first few players to bag RBI's in-principle nod
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Players like PhonePe, BharatPe, Razorpay, Cred, Tata Group, Amazon, Reliance Industries, Zomato, PayU, and Pine Labs among others had submitted applications for the license before September 30, 2021
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A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day
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Aparna Chennapragada, CPO at Robinhood, Surojit Chatterjee, CPO at Coinbase and Balaji Srinivasan, ex-CTO of Coinbase have invested in Clear in their personal capacity.
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This round is more than all of Razorpay’s previous funding rounds put together. The startup will use the funds for acquisition in the B2B SaaS space and scale up its neo banking arm RazorpayX.
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This is Stripe's second big investment in India's booming fintech space, days after it acquired Bengaluru-based Recko
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The deal comes at a time when Stripe is accelerating its investments in India by adding payment methods and increasing local hiring. Recko will help Stripe add payments reconciliation to its product offerings.
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A book may be an overkill but in a world where we don’t get too much face time with each other, it may not be a bad idea to write a one-pager about yourself and share it with your colleagues.
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The company which makes software that allows companies to accept online or in person card payments said it will use the capital in the latest round of funding to invest in its European operations, particularly its Dublin headquarters.
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StoreHippo, the leading mobile e-commerce platform offers integration with Leading Payment Gateways for the benefit of SMEs and fledgling ...
