Fintechs

The Reserve Bank of India has introduced a cap of 5% on the first loan default guarantee (FLDG) that is provided by fintechs to their lending partners.In a notification issued on Thursday, the central bank said that regulated entities (RE)…

Hi, this is Tarush Bhalla in Bengaluru. Over the last couple of weeks, we have been writing about how credit is becoming the cornerstone of any fintech business in India. While first-generation credit fintechs are gunning for profitability,…

India's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. To streamline the workings, the country's central bank has asked the fintech industry to come up with…

Despite global headwinds, an ongoing funding winter and layoffs in India’s startups sector, an increasing number of financial technology firms are strengthening their in-house legal teams, as tightening regulations make the operating…

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million — the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume…

We have been covering the India impact of the Silicon Valley Bank shutdown which has created panic across the tech world. Here are the must-reads to keep you up to speed on the unfolding SVB saga.Nearly 60 YC-backed Indian startups have…

Top venture investors as well as larger fintech firms such as Razorpay are among those stepping up to provide emergency services to small and mid-stage startups roiled by the abrupt closure of industry lender Silicon Valley Bank in the US…

Founders and senior executives of new-age stock investing platforms such as IndMoney, Vested Finance, and Stockal met officials in the finance ministry on Monday to discuss the possible implications of a proposed 20% levy on foreign…

With a captive user base and high user engagement, fintechs such as Paytm, PhonePe, and Google Pay are becoming popular with direct-to-consumer (D2C) brands seeking a platform to advertise and acquire customers. This and more in today’s…

Fintech and payments platforms including Paytm, Walmart-owned PhonePe and Google Pay are increasingly gaining traction among direct-to-consumer (D2C) brands as an advertising destination and customer acquisition engines, industry executives…