In a world where traditional credit systems often exclude those lacking a credit history, FinTech companies are rewriting the rules extending financial access to first-time […]
Tag: financial inclusion
PhonePe acquires GSPay to enable UPI for feature phone users
PhonePe has announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a […]
Satin Creditcare sees surge in housing and MSME lending in FY25
Satin Creditcare has reported a consolidated profit after tax of Rs 217 crore for the financial year, showcasing its resilience in a volatile microfinance sector. […]
Finodaya Capital secures $2.5 million in seed round to support microenterprises
Finodaya Capital has secured $2.5 million in seed funding, led by fintech-focused investment firm White Venture Capital, at a post-money valuation of Rs 50 crore. […]
DLAI rebrands itself as Unified Fintech Forum with new appointments
The Digital Lenders Association of India (DLAI) has recently announced its rebranding as the Unified Fintech Forum (UFF). The name change reflects the diverse mix […]
Government launches digital credit assessment model to streamline MSME loan approvals
The Government of India has introduced a Digital Credit Assessment Model to revolutionise loan approvals for Micro, Small and Medium Enterprises (MSMEs) by leveraging transaction-based […]
Shrinking UPI incentives push digital payment apps to introduce convenience fees
With government incentives for low-value UPI and RuPay debit card transactions shrinking, leading digital payment platforms are turning to new revenue streams, including the introduction […]
HiWiPay secures USD 2 million seed funding led by Unicorn India Ventures
HiWiPay, a cross-border payments platform, has raised USD 2 million in a seed funding round led by Unicorn India Ventures. The round also saw participation […]
Paytm partners with Perplexity to bring AI-powered financial search
Paytm has announced a partnership with Artificial Intelligence (AI) startup Perplexity to integrate advanced AI-driven search capabilities into the Paytm app. This integration will empower […]
Usha Financial Services expands presence with new branch in Dibai, Uttar Pradesh
Usha Financial Services, a non-banking financial company (NBFC), has announced the opening of a new branch in Dibai, Bulandshahr, Uttar Pradesh. This expansion marks a […]