The banking regulator, through its internal investigation, found Simpl to be in violation of the Payments and Settlement Systems Act, 2007.”

Happy Thursday! Stock broking startup Dhan is poised to finalise its long-awaited funding round. This and more in today’s ETtech Morning Di...

Buy now, pay later services in India are losing traction due to stricter regulations and credit quality concerns. Fintech companies like Pa...

Happy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general...

Simpl, a Bengaluru-based consumer credit startup, laid off 30 employees after firing 160 executives. Senior executives Vatsal Jain, Ashwini...

The central bank is setting up a panel headed by former NPCI chief Abhaya Hota to take on payment frauds. This and more in today’s ETtech T...

The NCLT has dismissed an application filed by Simpl's co-founder, Nityanand Sharma, seeking the dismissal of an Oppression and Mismanageme...

According to sources privy to the developments, lapses in due diligence, disagreements over valuation, sustainability of the business and s...

This comes amid a global reset in the BNPL sector, fuelled by interest rate hikes and an overall squeeze in consumer spending. ZestMoney ha...

The RBI doesn’t have a problem with 90-second credit. The regulator was even willing to let nonbank finance companies, or NBFCs, retain the...

Earlier today, the RBI governor said the central bank has not accepted proposals for digital-only banks as such entities would pose risks t...

The startup looks to use the fresh capital for scaling, expanding into different geographies, developing more products, spreading awareness...

BNPL is a credit option that gives customers at storefronts and on ecommerce pages the option to defer payments free of cost or to convert ...

Buy-now, pay-later (BNPL) payments have been growing at least 20%-30% over the past three months. They are expected to increase by about 66...

With the growing number of 'buy now, pay later' transactions comes the regulatory scrutiny from the Reserve Bank of India.

Fintech companies too are discovering the potential of this nascent yet fast growing segment in India

Fintech startup Pine Labs aims to onboard a million new merchants this year through the AllTap app, which uses NFC technology for contactle...