fintech

CRED Valuation Soars To $4 Billion As It Raises $251 Million

The fast-growing Credit card payments company CRED has concluded a $251 million financing round and has boosted its value to $4 billion within six months, amid an unprecedented new wave of funding for startups according to media sources. A representative...

Driving Change in eCommerce: How Fintechs are Evolving to Deliver Digital Transformation For All

While many brick and mortar stores were left reeling in the immediate aftermath of the global lockdown measures brought on by the Covid-19 pandemic, the subsequent acceleration of digital transformation may yet lead to a fruitful future for stores...

CRED Mint: Instant Borrowing Upto ₹10 Lakh To Lure Worthy Users!

CRED launched CRED Mint (peer-to-peer), a peer-to-peer lending product for its members. This is the latest attempt by the $2.2 billion Indian startup unicorn to monetize its 7.5 million users. CRED, a fintech platform, was founded by Kunal Shah, a...

Paytm IPO, India’s Largest IPO, is Finally Set In Motion For November Launch

Encouraged by the overwhelming response received by Zomato IPO, One97 has quickly filed draft papers for the much-talked Paytm IPO to India's market regulators SEBI. With the filing, Paytm has set the plan of launching the biggest Indian IPO (Initial...

Starting 2022, Paytm Payments Bank Will Let You Make Cross-Border Transactions!

Paytm's digital banking offering aka Paytm Payments Bank or PPB is all set to make their customers’ lives a whole lot easier. According to the latest media report, PPB is planing to facilitate cross-broader and domestic remittances soon. This newly...

Dragon Slayer: India leaves China Behind in Fintech Deals

The Indian fintech sector is a force to be reckoned with. And by slaying the beast that Chinese fintech is, it has laid down a marker. An annual research report released by RBSA Advisors has validated India emerging as Asia's land...

New Norms For Digital Payments Processors: RBI Wants Them To Improve Security And Compliance!

In a bid to improve governance, India’s central bank has decided to tighten the norms around security and compliance for banks and fintech companies. Aiming to help improve on factors such as security, control and compliance, the Reserve Bank of...

India Tighten The Noose Around Digital Lenders: Asian Countries Observing Closely

Digital lenders are in hot water in Asia. Various authoritative bodies are stepping up to increase reign in the financial services sector, which for most of its existence has operated with very little oversight in countries such as India...

Rogue Squadron Alert: Don’t Fall Prey To Lending Apps On Google Play Store!

Whatever the world it may be, there always is a constant battle going on between the forces of good and evil. And despite the strictest vigil, due to the unfixing nature of the app world, something always manages to...

Sliced Up and How: Ant Group IPO Fiasco Set to Cost Jack Ma Dearly

As soon as Jack Ma chose to make those startling comments at the Shanghai Conference, in plain view of the Chinese regulators no less, poked the bear. Well, the bear turned and trampled down Ant Group’s promising IPO, which has...
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Quick Commerce War Heats Up: Can Flipkart Catch Zepto After the Failed Acquisition?

When a big company intends to enter a new business segment from scratch, it often prefers to acquire an...
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