FinTech

FinTech – Latest news, funding & startup financials, governments policies, sector landscape of FinTech in India

The Great Indian Fintech Crackdown: RBI Looks To Clean Up Digital Lend...

RBI’s policy barring NBFCs from lending through PPI threatens to disrupt well-funded fintech startups
PhonePe’s FY21 Losses Decline Marginally To INR 1,727.8 Cr While Operating Revenue Surges 86%

PhonePe Recorded INR 1,727 Cr In Losses In FY21, Revenue Jumps 86%

Flipkart-backed digital payments firm PhonePe’s losses marginally narrowed by 2.5% to INR…
How One RBI Notification Broke India's Fintech Dream - PPI

How One RBI Notification Broke India’s Fintech Dream

On June 20, 2022, the Reserve Bank of India (RBI) issued a…
Ashneer Grover Criticises RBI’s Mandate For Non-Bank PPIs; Netizens Disagree

Ashneer Grover Criticises RBI’s Mandate For Non-Bank PPIs; Netizens Di...

The Reserve Bank of India’s (RBI’s) notification saying that non-bank prepaid payment…
Fintech Unicorn Pine Labs Acquires API Infrastructure Provider Setu In $70-75 Mn Deal

Fintech Unicorn Pine Labs Acquires API Infrastructure Provider Setu In...

IPO-bound Pine Labs has acquired Bengaluru-based fintech infrastructure…
Fintech Startup WeRize Secures $15.5 Mn
OAKS Asset Management has raised $115 Mn (INR 1000 Cr) toward the first closure of its second fund, OAKS Consumer Fund

OAKS Asset Management Secures $115 Mn To Invest In Homegrown Consumer ...

Mumbai-based private equity fund OAKS Asset Management has…
Jupiter, Kreditbee Shut Prepaid Card Operations Amid RBI’s Credit Ban On Fintech PPIs

Jupiter, Kreditbee Shut Prepaid Card Operations Amid RBI’s Credit Ban ...

In reaction to the recently brought RBI guidelines…
CBDC Launch: Digital Currency To Offer A Slew Of New Opportunities
Piper Serica Sets Up INR 100 Cr Angel Fund To Invest In 30-40 Early-Stage Tech Startups

Piper Serica Sets Up INR 100 Cr Angel Fund To Invest In 30-40 Early-St...

Mumbai-based portfolio management company Piper Serica has launched…
HDFC Bank To Launch New Payments Platforms In Partnership With New-Age Tech Startups

HDFC Bank To Launch New Payments Platforms In Partnership With New-Age...

HDFC Bank, the country’s largest private lender, plans…
Fintech Startup Stashfin Raises $270 Mn To Expand Footprint Across South Asia, SEA
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