Paytm reported a profit of Rs 930 crore for Q2 FY25, reversing a Rs 290 crore loss from the same period last year. This turnaround […]
Category: FinTech
Follow the fintech revolution with insights into payments, banking, and financial innovation.
Cashfree payments launches NPCI-certified UPI switch
Cashfree Payments launched its UPI (Acquiring) Switch, a powerful tool certified by the National Payments Corporation of India (NPCI) that is now actively processing transactions. […]
M2P Fintech raises Rs 850 crore in series D funding led by Helios Investment Partners
M2P FinTech recently announced the closure of the initial phase of its Series D funding round, securing Rs 850 crore. The funding, a combination of […]
GrayQuest raises Rs 53 crore in Series B funding round
GrayQuest has closed its Series B funding round, raising Rs 53 crore (approximately 6 million dollars). The round was co-led by Pravega Fund and IIFL […]
AKARA Capital breaks ground as maiden FinTech NBFC to offer NCDs at Rs 10,000 face value
AKARA Capital has become the first FinTech NBFC to offer Non-Convertible Debentures (NCDs) with a face value of Rs 10,000 on the Bombay Stock Exchange […]
Aurionpro Payments goes live as online payment aggregator, announces new digital solutions at Global Fintech Fest 2024
Subsidiary of Aurionpro, Aurionpro Payments, has officially launched as an online payment aggregator, marking a major milestone in its expansion into the dynamic and fast-growing […]
Yubi secures Rs 250 crore investment from CEO Gaurav Kumar
Yubi, previously known as CredAvenue, has announced a fresh capital infusion of Rs 250 crore from its Founder and CEO, Gaurav Kumar. Under Kumar’s leadership, […]
Navi and Karnataka Bank introduce credit line on UPI to transform digital lending
Navi has partnered with Karnataka Bank to launch a credit line feature on Unified Payments Interface (UPI). This initiative integrates a pre-approved credit line directly […]
Pine Labs launches India’s maiden dedicated UPI payments platform, UPISetu
Pine Labs has launched UPISetu, India’s first United Payments Interface (UPI)-centric payments platform tailored for businesses and developers, in collaboration with Setu and Axis Bank. […]
Navi Finserv raises Rs 320 crore from JP Morgan in a securitisation deal
Navi Finserv has secured $38 million (approximately Rs 320 crore) from JP Morgan through a securitisation deal. This funding will enhance the company’s digital lending […]