Fintech startup CredAble’s subsidiary gets NBFC licence

Shweta Sharma

Mumbai-based financial services company CredAble’s wholly-owned subsidiary, Equentia Financial Service Private Limited, ....

18 July, 2019

BharatPe appoints former Paytm, Flipkart employees to lead product push

Tanmay Tiwary

BharatPe, which offers a quick response (QR) code-based payment application for merchants, has appointed Pawan Pathak and Abhishek ....

18 July, 2019
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Sachin Bansal in talks to buy Essel MF; Netflix to offer mobile-only subscription for Indian users

Tanmay Tiwary

Flipkart co-founder Sachin Bansal is planning a fintech foray. Netflix is planning a mobile-only service for India. Yoga startup ....

18 July, 2019

Innoviti sues Sequoia-backed Pine Labs for copying patented technology; wins ex-parte injunction

Binu Paul

Bengaluru-based fintech firm Innoviti Payment Solutions Pvt. Ltd has won an ex-parte injunction against digital retail payments ....

18 July, 2019

ByteDance to back local content firms; Facebook may be able to launch WhatsApp Pay soon

Vijayakumar Pitchiah

TikTok owner ByteDance is scouting investment in local content platforms to capture newer audiences, while Amazon has made a soft ....

17 July, 2019

MyMoneyMantra raises $15 mn from European investors

Binu Paul

Financial services distributor MyMoneyMantra has raised $15 million (Rs 104 crore at the current exchange rate) from European ....

17 July, 2019
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Credit Suisse partners Nasscom to promote fintech innovations

Om Athavale

Zürich-based financial services company Credit Suisse and Nasscom 10,000 Startups announced plans to support the growth of ....

17 July, 2019

Trifecta Capital, NDTV invest in digital payments platform MobiKwik

Vijayakumar Pitchiah

MobiKwik, the digital payments platform owned by Gurugram-based One MobiKwik Systems Private Limited, has raised $1.27 million ....

15 July, 2019

Tiger Global may exit PolicyBazaar; Pixxel and Ace Turtle raise fresh capital: Reports

Team TC

Space technology startup Pixxel and ecommerce enabler Ace Turtle have raised fresh funding rounds according to media reports. ....

15 July, 2019

Policy Wrap: Piyush Goyal says no ecommerce watchdog; zero MDR spooks fintechs

Payal Ganguly

While, payments companies continued to distress over finance minister Nirmala Sitharaman’s Budget 2019 proposal to levy ....

12 July, 2019
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PayU India sees another top exit; Xiaomi’s Shunwei Capital may invest in Yulu: Reports

Binu Paul

Online payment company PayU’s India founder and managing director Shailaz Nag has resigned from the firm, The Economic Times ....

11 July, 2019

NestAway’s Deepak Dhar moves on to start a fintech venture

Payal Ganguly

Deepak Dhar, one of the four co-founders of online property rental platform NestAway Technologies Pvt. Ltd, has moved on from ....

10 July, 2019

Tencent joins fintech startup NiYO Solutions’ Series B round

Binu Paul

Finnew Solutions Pvt Ltd, a Bengaluru based fintech startup that offers neo-banking services under the brand NiYO Solutions, has ....

9 July, 2019

ThoughtWorks opens office in Mumbai to offer fintech solutions

Om Athavale

Software and consultancy services platform ThoughtWorks announced today that it has opened a new office in Mumbai. The Chicago-based ....

9 July, 2019

Payments Council says zero MDR will be bad for fintechs

Payal Ganguly

The Payments Council of India (PCI), an industry body representing over 100 payments and settlement systems, has said that the ....

9 July, 2019

Shipskart Marine, Loktra win Dubai Startup Hub Roadshow contest

Tanmay Tiwary

New Delhi-based e-commerce platform Shipskart Marine Pvt. Ltd and Bengaluru-headquartered banking-as-a-service firm Loktra Technologies ....

8 July, 2019

InMobi morphs into holding company, slots its three verticals into new structure: Report

Vijayakumar Pitchiah

Mobile marketing and advertising platform InMobi has created a holding company with three independent entities for its core businesses, ....

8 July, 2019

Delhi HC seeks comments from Reserve Bank, ED on PIL against PayPal

Payal Ganguly

The Delhi High Court has issued notices to the Reserve Bank of India (RBI), the Enforcement Directorate (ED) and Paypal Payments ....

4 July, 2019

JSW Group ropes in homegrown platform IBSFINtech to automate treasury operations

Om Athavale

JSW Group has said it has roped in Bengaluru-based IBSFINtech India Pvt. Ltd to automate its treasury operations. The partnership ....

3 July, 2019

Fintech startup Rubique scales down operations amid NBFC liquidity drought

Binu Paul

Financial products marketplace Rubique Technologies India Pvt. Ltd is scaling down operations and trimming workforce amid rising ....

2 July, 2019

Lok Capital, IIFL Asset Management lead $19 mn funding in insurance platform RenewBuy

Payal Ganguly

Insurance products aggregator RenewBuy has raised Rs 130 crore (about $19 million at current exchange rate) in its Series B funding ....

2 July, 2019