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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 ......

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 ......

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 ......

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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 ......

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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 ......

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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 ......

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

Investing in fintech infrastructure at this moment is a once-in-a-lifetime opportunity, global venture capital (VC) firm......

Cashfree strikes second bet with Gurugram fintech firm

TMT

28 February, 2023

Cashfree strikes second bet with Gurugram fintech firm

Payments and banking solutions provider Cashfree Payments, which counts State Bank of India, Apis Partners, Smilegate ......

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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, ......

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