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CHINESE FINTECH INDUSTRY
From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...- Gen Z and AI: As AI takes centre stage, youth stand in disapprovalYoung people express growing anger and anxiety about artificial intelligence. AI is reshaping industries and impacting jobs globally. Tech ...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Payments companies see PoS pause on war-related imports squeezeIndia's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and...
- The ex-JPMorgan banker at the center of harassment suit against Lorna Hajdini just quietly left his new job tooIn a shocking development on Wall Street, ex-JPMorgan banker Chirayu Rana's lawsuit against Lorna Hajdini has taken a surprising twist. Jus...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- India opens doors to Chinese Investment — but only with guard rails: Ajay BaggaIndia is cautiously reopening to Chinese foreign direct investment, particularly in electronic manufacturing services and renewable energy ...
- Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
- Zepto revenue doubles; Decoding Mobikwik IPO frenzyZepto’s financials are out for fiscal 2024. This and more in today’s ETtech Top 5.
- Fintech industry needs to set up own self-regulatory mechanism: RBI GovernorSpeaking at the Global Fintech Fest here, Das said that good governance will be key to durable and long term success of any company, and in...
- ED finds Rs 800 crore crime proceeds in fintech, NBFC probeThese lending apps flourished amid the Covid-19 pandemic when many in the blue-collar workforce lost their jobs as the country went into a ...
- Fintechs band together to weed out fakesLast year Google had pulled the plug on more than 500 instant-credit apps that had their roots in China and were not compliant with central...
- Policybazaar stock jumps 23% on debut; Nykaa expects festive buying bonanzaPolicybazaar’s parent company PB Fintech became the first Indian fintech company to list on local stock exchanges today. It had a stellar d...
- Fintech firms set for IPOs but face challengesPaytm, Mobikwik and Policybazaar are likely to raise up to Rs 28,000 crore via IPO
- India cracks down on China-backed fintech lenders in the countryThe Enforcement Directorate and CIDs have launched probe against more than two dozen China-backed loan apps and directed Paytm and Razorpay...
- Applications being invited for 2019 FinTech Innovation Lab Asia-PacificTo be eligible for the Lab, startups must have a working version of their technology/solution for financial institutions.
- India's fintech future looks bright, but it needs to find its raison d'êtreLondon has emerged as a hub for investments into open banking solutions, China for facial recognition and Israel, a centre for cybersecurit...
- FinUp finances SlicePay in Series A, deal estimated at $15 millionFintech experts say such investments and partnerships are likely to help Indian entrepreneurs looking for funding as well as ideas from mor...
- Chinese lenders out for a taste of IndiaWhile India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...
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