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
13 Apr, 2023, 01.20 AM IST
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...
02 Mar, 2023, 04.19 PM IST
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.
10 Jan, 2023, 03.58 PM IST
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...
25 Nov, 2022, 01.01 PM IST
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...
25 Nov, 2022, 07.45 AM IST
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 ...
10 Jun, 2022, 08.56 PM IST
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 ...
10 Jun, 2022, 05.02 PM IST
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.
08 Jun, 2022, 04.05 PM IST
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...
01 Apr, 2022, 08.50 PM IST
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...
14 Jan, 2022, 07.00 AM IST
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...
04 Jan, 2022, 04.27 PM IST
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.
08 Dec, 2021, 12.43 PM IST
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 ...
08 Nov, 2021, 04.57 PM IST
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...
28 Sep, 2021, 10.06 AM IST
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...
16 Sep, 2021, 03.10 PM IST
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...
19 Aug, 2021, 06.35 PM IST
Fintech riding the ‘buy now, pay later’ wave this seasonBanks, non-banks seek tie-ups for easy access to consumer durables loans
12 Nov, 2020, 03.52 PM IST