fintech firms

The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese…

New-age stock investing platforms are planning to write to the government seeking exemption for foreign equity investment use cases from the new TCS regime wherein the tax collected at source (TCS) will go up sharply to 20% from 5% as…

<!-- -->This puts PhonePe at a pre-money valuation of $12 billion.New Delhi: Fintech firm PhonePe has raised another $100 million (about Rs 828 crore) in primary capital from new investors Ribbit Capital and TVS Capital Funds with…

The operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory changes over the past few months, multiple founders and investors told ET ETtech With the regulatory…

of Mauritius (SBM) India, one of the most active partner banks with fintech firms, has delivered a final blow to the card-fintech industry, telling its partners to immediately stop onboarding new users for its co-branded credit prepaid…

On August 8, after SoftBank reported a record $23 billion quarterly loss, chief executive Masayoshi Son sent out a warning to founders of unicorn startups who are too attached to their companies’ pre-downturn valuations.Those unwilling to…

The Payments Council of India (PCI) and several fintech firms have urged the government to step in to resolve the fallout from a recent directive by the Reserve Bank of India (RBI) that barred payment companies from loading credit lines…