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…
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…
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 from Dewang Neralla’s family office,…
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 users to access real-time financial…
Working 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…
MSys 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…
Zeta, 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…
Hitachi 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…
Bengaluru-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…
LazyPay, 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…