Page 12 of Fintech

"There is a rise in loan disbursement using the digital channel," Sheth said.

Govt for banks to collaborate with NBFCs and fintech companies, says official

He also said that there is also a push towards the digital route, adding that new-age banking using technology has…

September 23, 2022 17:17 IST

RBI, RBI news, RBI latest, Shaktikanta Das, Reserve Bank of India, fintechs

RBI will not penalise or stifle you, but follow ‘traffic rules’ – Shaktikanta Das to fintechs

The innovations that come out have to enhance the efficiency and resiliency of the financial system, while benefitting the customer,…

Updated: September 20, 2022 21:21 IST

FM Nirmala Sitharaman nudges fintech players to have more engagement with govt

Sitharaman was replying to a question by Kris Gopalakrishnan, Chairman, Global Fintech Fest (GFF) 2022 Advisory Board, who wanted to…

September 20, 2022 15:06 IST

Fintech industry needs to work relentlessly on safety to uphold people’s trust, says PM Modi

In his message at the Global Fintech Fest, Modi said the sector has been an example of the wonders that…

Updated: September 20, 2022 11:51 IST

5 ways fintechs can help MSMEs solve their creditworthiness issues

Credit and finance for MSMEs: While there was an expected dip in credit demand during the roughest years of the…

September 17, 2022 13:00 IST

“Our annualised TPV in payments has reached $20 billion recently, up from $18.5 billion in June end… I am confident that we will witness continued growth and will easily surpass our target of $30 billion in payments by March 2023,” he added.

Fintech platform BharatPe hits $20 billion in annualised TPV

Further, the IPO-bound company said it aims to achieve a TPV of $30 billion by March 2023, also the time…

August 27, 2022 00:45 IST

Tyagi has a total of 12 years of experience with leading financial services organisations like Citibank, American Express, UAE Exchange, and TransUnion CIBIL.

Payworld appoints Amit Tyagi as CEO

Tyagi will be responsible for leading the organisation to leverage its pan-India distribution channel and wallet license to build an…

Updated: August 22, 2022 15:25 IST

In fact, the increasing number of late-stage financing rounds is an indicator of increased maturity of Indian fintechs. With rising funding and valuations, 23 fintechs have become unicorns.

India a fintech giant

While the number of fintechs in the country rose between 2014 and 2021, funding was low till 2015; the sector…

August 22, 2022 04:00 IST

Fintech startup, Fintech startup Jar, Fintech startup Jar valuation, fintech companies

Fintech startup Jar’s valuation surges by $100 m in latest fundraise

Tiger Global leads $23-million round

August 19, 2022 02:45 IST

Indian fintech market to achieve $1 trillion AUM by 2030: Report

The digital lending market — which is expected to grow to $515 billion in book size by 2030 — will…

August 10, 2022 04:10 IST

As stated by Sudhir Sethi, founder and chairperson, Chiratae Ventures, Indian fintech market contributes to the largest share of unicorns in India

Indian fintech market is expected to be one trillion dollars in AUM and $200 billion in revenue by 2030: Report

The report also highlights that ‘Buy Now, Pay Later’ has become mainstream and is on a growth trajectory

August 9, 2022 20:13 IST

How Fintechs are closing the credit gap in India

The advent of Fintech has made it possible for the common man to access credit easily with a much quicker,…

August 6, 2022 15:14 IST

Insurtech investment picked up slightly from the first quarter gaining 8%, a report showed

Insurtech investment drops by half in second quarter report

Reportedly, insurtech firms make up around 10% of the financial technology sector

August 4, 2022 16:27 IST

Future of fintechs is in lending-led players, not payments: Report

As against this sharp fall, funding to the sector jumped a whopping 157 per cent year-on-year growth to USD 8…

July 29, 2022 15:33 IST

Rain: Lighting up faces before payday

An early wage access fitness platform, Rain has made a good start in the Indian market, bringing over 2 mn…

July 25, 2022 05:45 IST

The recommendations of the group, released in November 2021, range from subjecting digital lending apps to a verification process by a nodal agency to dedicated legislation to prevent illegal digital lending activities.

Fintechs must stick to what their licences permit: Shaktikanta Das

“We want to support innovation and at the same time we want the entire ecosystem to grow in an orderly…

July 23, 2022 02:00 IST

We believe different users have different needs when it comes to credit. So we aim to cater to the credit needs of different segments with customised products” Nitin Gupta, founder & CEO, Uni

Uni Cards: Credit gets tailored to your needs

This fintech startup, with a presence in 130 cities across India, is disrupting the credit card market with its differentiated…

July 18, 2022 02:10 IST

As BNPL comes under scrutiny, Multipl’s ‘Save Now Buy Later’ model gains traction

Multipl’s solution for smart spending is essentially an antithesis of the ‘Buy Now Pay Later’ (BNPL) trend.

July 12, 2022 02:15 IST

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States’ capex likely grew 10% in April-October

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State governments’ capital expenditure rose by 10% in the first seven months of FY26, while revenue expenditure only grew by 4%, showing fiscal responsibility. 18 states saw a decrease in borrowing and liabilities by 8%, resulting in moderate growth in revenue spending. Tax revenues also increased by 10%.

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