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digital lending

PayU's LazyPay, Kissht blocked after IT Ministry's order

Finance

PayU's LazyPay, Kissht blocked after IT Ministry's order

Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning ......

Digital disbursements up 3x in Q2: Report

Finance

Digital disbursements up 3x in Q2: Report

Disbursements by digital lending platforms more than tripled during Q2FY23 to Rs 14,016 crore, compared to Q2FY22, according to a ......

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Fintech industry's capital constraints can impact credit profiles

Finance

Fintech industry's capital constraints can impact credit profiles

The rise of global interest rates after more than a decade of ultra-low rates is affecting the fortunes of startups ......

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Fintech firm MyShubhLife to raise $40 mn from existing, new investors

Finance

Fintech firm MyShubhLife to raise $40 mn from existing, new investors

MyShubhLife (formerly Shubh Loans), backed by BeeNext and Omidyar Network, plans to raise $40 million (over Rs 300 crore) as part of its ......

CASHe enters wealthtech space with Sqrrl acquisition

TMT

CASHe enters wealthtech space with Sqrrl acquisition

Aeries Financial Technologies Pvt. Ltd, which runs fintech startup CASHe, has forayed into the wealth management space with the acquisition ......

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AION Capital-backed Clix Capital shifts business strategy post pandemic

Finance

AION Capital-backed Clix Capital shifts business strategy post pandemic

Private equity (PE) firm AION Capital-backed Clix Capital has changed its business model to work leaner with more granular and ......

RBI constitutes working group to assess risks from unregulated digital lenders

TMT

RBI constitutes working group to assess risks from unregulated digital lenders

The Reserve Bank of India (RBI) on Wednesday announced the formation of a working group to assess the risks posed ......

Goldman Sachs joins digital lender ZestMoney's extended Series B round

TMT

Goldman Sachs joins digital lender ZestMoney's extended Series B round

Camden Town Technologies Pvt. Ltd, which operates digital point-of-sale consumer financing platform ZestMoney, has raised funding from the United States-based ......

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Finance

SoftBank, VC firms fuel Latin American startups' expansion beyond borders

Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models ......

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Sequoia Capital bets on digital lending startup

TMT

Sequoia Capital bets on digital lending startup

Multi-stage investor Sequoia Capital India has led the first institutional investment round in a Delhi-based financial technology company that provides ......