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DIGIO
Groww doubles down on wealth management, lending to diversify revenue base: CEO Lalit KeshreGroww is stepping up focus on wealth management and lending to reduce dependence on its core broking business, said cofounder and chief exe...- Rainmatter invests $2 million in NPS platform PensionboxRainmatter, the venture funding arm of stockbroking giant Zerodha, has invested $2 million in Pensionbox. The startup has built a platform ...
- Digital payment firms in a no-win game as margins hit rock bottomOnline payment aggregators (PAs) are locked in a race to the bottom on pricing, each trying to outbid the others to win market share in an ...
- Bureau secures $30 million from Sorenson Capital, PayPal Ventures, existing investorsThis round makes the overall funding raised by the company to around $50 million. The identity verification startup will be using this fund...
- PB Fintech secures account aggregator licence from RBIThe business, which will be operated by its subsidiary PB Financial Account Aggregator, will assist Paisabazaar access the financial data o...
- On KYC compliance front, payment aggregators may be second to someAs fintech startups try to onboard merchants faster than competition, they’re mostly conducting only the basic checks prescribed by the RBI...
- Juspay, Zoho, Decentro secure RBI nod for payment aggregator businessSoftware as a service startup Zoho also got the payment aggregator licence on February 2. Zoho is the first enterprise Saas player to get t...
- Fintechs parse KYC processes as Paytm bank saga plays outIndustry insiders and startup founders pointed out that the KYC (know your customer) issues around Paytm Payments Bank might not be unique ...
- Fintechs top mutual fund distribution sweepstakes; IT sector’s slowest growth in a decadeData showed that in November, 30 lakh new SIPs were generated by the entire industry. Industry estimates said that around 42% of these SIPs...
- RBI grants payment aggregator licence to Tata PayAlong with Tata Pay, Bengaluru-based identity verification startup DigiO, backed by Groww, has also secured the payment aggregator licence ...
- Tata Pay bags payment aggregator licence; Binny Bansal’s new startup OppDoorHappy 2024! Welcome to the first edition of ETtech’s Top 5 in the new year. Tata group’s digital payments business, Tata Payments, has secu...
- ETtech In-depth: Zerodha's Rainmatter gets into heart of investing via road not takenZerodha is trying to change the way Indians manage their wealth. With Rainmatter, the startup is trying to change the way Indians eat, stay...
- Zerodha allocates an additional Rs 1,000 crore to back startups through RainmatterZerodha said in a blog post Friday that it has now partnered with over 80 startups and has invested close to Rs 400 crore over the last sev...
- Eight account aggregators await RBI licence to go live in a quarter or twoAccount Aggregator is a data sharing protocol between financial institutions that is envisaged as a mechanism to reduce the need for indivi...
- Zerodha launches Rainmatter Foundation for climate change solutionsZerodha will commit $100 million over the next few years to fund climate entrepreneurs, support grassroots individuals and organizations wo...
- Zerodha to commit $100 mn to climate entrepreneursZerodha, India’s largest brokerage platform, will commit $100 million over the next few years to fund climate entrepreneurs and support ind...
- New eKYC charges a double whammy for companies using eSignCiting the plight of early-stage firms who use eSign for fin documentation, industry executives say agencies need to sit together and ratio...
- NPCI urges banks, corporates to adopt e-mandateMany financial technology companies were entirely dependent on Aadhaar-based electronic KYC, which was a quick, cheap and secure way to ver...
- 40 banks enabled for e-mandate on BSE StAR MFThe mutual fund platform is adding over 1,000 members per month.
- With Rs 2.5 crore funding, Zerodha signs its name in Digio backers' listNithin Kamath, founder of Zerodha, said the funds invested in the startup will be used for hiring purposes and for operational activities o...
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