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 scoring. Announced in the Union …
Fintech Innovation
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PayU, the fintech arm of Prosus, has acquired a 43.5 per cent stake in Mindgate Solutions, a leading real-time payments technology provider. The strategic investment aims to bolster PayU’s foothold …
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FinTech
HiWiPay secures USD 2 million seed funding led by Unicorn India Ventures
by The Founderby The FounderHiWiPay, 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 from Dewang Neralla’s family office, …
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FinTech
Paytm partners with Perplexity to bring AI-powered financial search
by The Founderby The FounderPaytm 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 users to access real-time financial …
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Featured
CredAble partners with Chekk to revolutionise digital onboarding for financial institutions
by The Founderby The FounderWorking capital technology CredAble has announced a strategic partnership with Chekk, a prominent provider of digital identity and Know Your Customer (KYC) solutions. The collaboration aims to simplify the onboarding …
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FinTech
MSys Technologies acquires Gophers Lab to drive AI-powered finTech innovation
by The Founderby The FounderMSys Technologies, an IT services and digital transformation company, recently acquired Gophers Lab, a player in digital and FinTech engineering in India. The acquisition aims to tackle the evolving challenges …
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Technology
Zeta secures $50 million investment, valuation soars to $2 billion
by The Founderby The FounderZeta, a banking technology provider, has raised $50 million in a strategic investment round, propelling its valuation to $2 billion, the company announced. This marks a substantial leap from its …
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FinTech
Hitachi Payment Services and IvyCamp partner to propel digital payment innovation through accelerator programme
by The Founderby The FounderHitachi Payment Services, a provider of end-to-end payment and commerce solutions in India, has announced a partnership with IvyCamp, the global alumni-based engagement initiative of IvyCap Ventures. Together, they are …
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FinTech
Curie Money secures $1.2 million seed funding to revolutionise MSME banking solutions
by The Founderby The FounderBengaluru-based fintech startup Curie Money has raised $1.2 million in a seed funding round led by India Quotient, with participation from institutional and angel investors in the fintech ecosystem. The …
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FinTech
LazyPay Launches ‘LazyPay EMI’ to make high-value purchases more accessible in India
by The Founderby The FounderLazyPay, a digital financial services provider under PayU, has unveiled a new feature called ‘LazyPay EMI,’ in partnership with PayU Finance. This initiative aims to make high-value online purchases more …