RBI raises cap for lenders on P2P platforms; new category of digital wallets on the cards

Payal Ganguly

The Monetary Policy Committee on Thursday increased the exposure of lenders on peer-to-peer (P2P) non banking financial companies ....

5 December, 2019

Lendingkart raises $30 mn from existing investors

Binu Paul

Lendingkart Technologies, which runs the digital lending platform, has raised $30 million (Rs 212 crore at the current exchange ....

9 August, 2019
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BharatPe is banking on microcredit to usher in monetisation

Payal Ganguly

BharatPe wants to build a more meaningful relationship with your neighbourhood kirana store. The startup, which offers a QR code-based ....

17 June, 2019

Fullerton-backed Lendingkart raises venture debt from Alteria Capital

Binu Paul

Lendingkart Technologies Pvt. Ltd, which runs an eponymous digital lending platform, has raised Rs 80 crore ($11.4 million at ....

17 June, 2019

How FlexiLoans is using tech as its secret sauce to speed up loan approvals

Anand J

How long does it take to check 10,000 data points about a company? Digital lending firm FlexiLoans has built a machine learning ....

6 June, 2019

SME loan platform Happy raises funding from DMI Finance, others

Kavya Kothiyal

Happy, an online lender to small and medium enterprises (SMEs), said it has secured $20 million (Rs 140 crore at current exchange ....

1 May, 2019
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Digital lending marketplace ZestMoney raises Series B funding led by Quona Capital

Binu Paul

Bengaluru-based shopping loans marketplace ZestMoney has raised $20 million (about Rs 140 crore at current exchange rates) in ....

23 April, 2019

Flipkart testing video-based KYC solution to launch customer lending

Binu Paul

Homegrown e-commerce giant Flipkart is preparing a video-based Know Your Customer (KYC) solution to offer instant credit to its ....

8 April, 2019

PayU may invest up to $150 mn in Amazon-backed Capital Float: Report

Binu Paul

Naspers-owned PayU Payments Pvt. Ltd is in advance stages of negotiations to invest up to $150 million (Rs 1,073 crore) in digital ....

19 February, 2019

Digital lending to India MSMEs can grow to $100 bn by 2023: Omidyar-BCG report

Shweta Sharma

Digital lending to micro, small and medium enterprises (MSMEs) in India can grow 10 to 15-fold by 2023 to Rs 6-7 trillion ($80-100 ....

23 November, 2018
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Nucleus Software signs up NBFCs, housing finance firms for cloud lending solution

Anirban Ghoshal

Listed IT services company Nucleus Software said on Tuesday that it has signed up 25 new customers — mostly in the financial ....

20 November, 2018

Digital lending startup RevFin secures seed funding

Kavya Kothiyal

New Delhi-based digital lending startup RevFin Services Pvt. Ltd, which launched its Android and iOS apps on Wednesday to kick-start ....

10 October, 2018

Digital lending startup Kissht pockets Series C cheque

Kavya Kothiyal

OnEMI Technology Solutions Pvt. Ltd, which runs digital lending startup Kissht, has raised Series C funding from investors led ....

12 September, 2018

Blockchain is the way forward for fintech play: Ventureast's Srinivasan

Bruhadeeswaran R & Priya Prasad

A number of fintech startups have cropped up across the country over the past couple of years as the sector continues to generate ....

20 June, 2018

Digital lender Loanzen raises pre-Series A funding

Shweta Sharma

Loanzen, a digital lending startup that offers loans to small companies in the logistics sector, has raised pre-Series A funding ....

11 April, 2018