PB Fintech, the parent company of Policybazaar, has announced that its wholly owned subsidiary, PB Pay has received in-principle authorisation from the Reserve Bank of India (RBI) to function as…
PayPal-backed FinTech startup Mintoak has acquired Digiledge in a deal valued at approximately $3.5 million, marking the first acquisition in India’s Central Bank Digital Currency (CBDC) space. With this acquisition,…
M Nagaraju, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a meeting with FinTech ecosystem partners in Delhi yesterday. The meeting was also attended by senior officials of…
PayU India’s credit service, LazyPay, has formed a partnership with Blinkit to introduce seamless one-tap mobile payments for its users. The collaboration allows Blinkit customers to benefit from a credit…
Hitachi Payment Services on Thursday, announced that it received its final authorisation to embark as an online payment aggregator. The announcement came after Reserve Bank of India (RBI) approved its…
Zomato has announced that its wholly-owned subsidiary Zomato Payments has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator…
The Reserve Bank of India (RBI) has granted three additional months to banks and Non-Banking Financial Companies (NBFCs) up till 1st April, 2024, for executing the modified norms for levying…