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Bernstein predicts Paytm shares to rally by 23%, cites ‘several near-term catalysts’Global brokerage Bernstein has given Paytm an “Outperform” rating with a target price of Rs 1,100 — implying a 23.4% upside from current le...- From RegTech to cross-border, fintech trends to watch out for in 2024UPI transactions hit a new record of Rs 17.4 lakh crore in November 2023, a 54% YoY increase in terms of the number of transactions and a 4...
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- PhonePe chalks up further $100 million from General Atlantic; more expectedPrivate equity, co-investors have infused $450 m in ongoing fundraise, may go up to $600m
- Proptech firm Housing ties up with fintech Niro to offer facility to pay rent on creditDhruv Agarwala, Group CEO, Housing.com, PropTiger.com & Makaan.com, said this solution will bring genuine empowerment to millions of custom...
- SaaS platform Actyv.ai raises $7 million funding from CEO’s family officeActyv.ai said that the fresh funds will fuel global expansion, product enhancement, portfolio growth and talent acquisition.
- Scoop: PhonePe may buy BNPL startup ZestMoney in big consolidation moveThis comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...
- Scoop: PhonePe may acquire ZestMoney; Aditya Birla Fashion close to buying Bewakoof; and Koo's new funding roundIf the transaction goes through, it will be the biggest consolidation in the new-age lending sector, which has of late faced major regulato...
- Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
- Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
- Mobikwik plots $100 million fundraise after delaying IPOThe company had filed draft IPO papers last July, seeking a $1 billion valuation, but later postponed the offering.
- BharatPe gets interim CFO, eyes IPO in 18-24 months; Indian crypto law only after global consensusBharatPe board chairman Rajnish Kumar told ETtech in an interview that the embattled fintech has appointed an Alvarez & Marsal executive as...
- Banks now going the BNPL way to expand credit baseSeveral large-sized banks are approaching new-age 'buy-now pay-later' or BNPL fintech firms to expand their credit base. This change in sta...
- Post DHFL acquisition, Piramal Capital to open 100 branches; expand to 1,000 citiesHaving access to over 10 lakh customers post acquisition of DHFL last year, Piramal Capital & Housing Finance (PCHFL) plans to open 100 bra...
- Falcon Edge may invest $100 million in Pine Labs ahead of mid-2022 IPOAccording to people aware of its plans, Pine Labs is now looking to list in the US before the end of the first half of next year.
- Buy now, pay later set to surge over ten-fold in IndiaRedseer estimates India's BNPL market will rocket to $45-50 billion by 2026 from $3-3.5 billion now. The research firm also estimates that ...
- Capital Float raises $50 million from Lightrock India, othersCapital Float cofounder Sashank Rishyasringa said that the newly infused capital will help the firm shore up its risk stack and also help i...
- IPO-bound Pine Labs raises $100 million from US investment fundThe new funding comes just months after it raised $600 million in two tranches from a host of global and domestic investors, which valued t...
- Razorpay, Capital Float in partnership for 'buy now pay later' solutionsThrough the partnership with Razorpay, Capital Float aims to take its 'buy now, pay later' (BNPL) solution—Walnut 369—to over one lakh part...
- Fintech riding the ‘buy now, pay later’ wave this seasonBanks, non-banks seek tie-ups for easy access to consumer durables loans
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