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fintech

RBI issues draft framework for fintech self-regulatory body

TMT

15 January, 2024

RBI issues draft framework for fintech self-regulatory body

Indian financial technology (fintech) firms should create a self-regulatory organisation (SRO) that will ensure statutory and regulatory compliance, the Reserve ......

What fintech ventures in India must do to manage regulatory risks

Opinion

02 January, 2024

What fintech ventures in India must do to manage regulatory risks

India has the highest fintech adoption rates in the world at 87% as compared to the world’s average of 67%. ......

Scope raises $45 mn for VC fund to invest in fintech, gaming sectors

General

26 December, 2023

Scope raises $45 mn for VC fund to invest in fintech, gaming sectors

Startup-focussed networking platform Scope has raised $45 million (around Rs 375 crore) for its maiden venture capital fund that will primarily ......

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Finance

07 December, 2023

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and ......

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Finance

27 October, 2023

Temasek-backed OneCard spent around Rs 2 to earn one rupee from operations in FY23

Temasek-backed credit card startup OneCard saw its loss widen in the financial year through March 2023, despite an impressive jump ......

RBI to permit default loss guarantee arrangements in digital lending

Finance

09 June, 2023

RBI to permit default loss guarantee arrangements in digital lending

The Reserve Bank of India (RBI) will put in place a regulatory framework to permit default loss guarantee arrangements for ......

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Jupiter, Refyne backer QED looks for more fintech bets in India

Finance

25 May, 2023

Jupiter, Refyne backer QED looks for more fintech bets in India

Global fintech-focused venture capital firm, QED Investors, plans to invest a substantial part of its new $925 million fund in ......

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How dealmaking in financial inclusion sector panned out last year

Finance

31 March, 2023

How dealmaking in financial inclusion sector panned out last year

Private investments in Indian startups that seek to drive financial inclusion fell last year but remained double the level two ......

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Elevation Capital to expand focus on fintech space, financialisation of savings

Finance

22 March, 2023

Elevation Capital to expand focus on fintech space, financialisation of savings

Early-stage to growth-equity investment firm Elevation Capital, backer of the likes of Paytm, Swiggy, Acko, ShareChat and Meesho, among others, ......

Why Bessemer isn't so keen on fintech lending and payments businesses

General

07 March, 2023

Why Bessemer isn't so keen on fintech lending and payments businesses

Global venture capital firm Bessemer Venture Partners believes that fintech lending is no longer attractive and that the payments business ......