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Are stricter rules holding back fintech startups? QED Investors' Nigel Morris weighs inIndia's fintech sector faces near-term challenges due to increased regulatory scrutiny, impacting early-stage startups' ability to scale. T...- OneCard stops issuing new credit cards as RBI seeks clarifications from partner banksFPL Technologies' OneCard is facing a significant business setback as the Reserve Bank of India has instructed its partner banks to halt ne...
- RBI asks partner banks to halt issuing OneCard credit cardsFPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. T...
- AAI conducting audit of communication, navigation, surveillance equipment at all airportsFollowing a technical glitch that caused hundreds of flight delays at Delhi airport, the Airports Authority of India (AAI) is conducting a ...
- Good news for SNAP beneficiaries as maximum benefit could increase up to 2.8% in 2026, check the projected COLA; how can you apply for SNAP programSNAP benefits are set to increase, with COLA projections ranging from 2.7% to 2.8%, exceeding the 2025 rate. Eligibility criteria remain co...
- Millions of American families to receive $725 stimulus payment in September: Check if you qualifyResidents of California are entitled for the Family First Economic Support Pilot program and they will receive a monthly payment of $725 in...
- OneCard secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47FPL Technologies has raised $262 million in equity funding over multiple funding rounds. The fresh funds will be used for enhancing its tec...
- One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
- As card-based fintechs seek Plan B, FPL Tech set for unicorn clubThe banking regulator has, however, told some fintech firms that they should seek licences to continue operating.
- FPL Technologies set to be newest fintech unicornFounded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilisin...
- FPL Technologies raises $75 million in funding at $750 million valuationThe company now plans to use the proceeds from the fresh raise to double its team strength, hire across marketing and engineering functions...
- Fino Bank's Rs 1,200-cr IPO opens October 29Fino Payments Bank is set to raise over Rs 1,200 crore from its initial public offering that will hit the market on October 29. The price b...
- How the rise of Fantasy Premier League has led to a growing industry of influencers and fan forumsIt’s a conundrum millions will be able to identify with, especially in India which has seen a huge spurt in fantasy football. In FPL, a use...
- Matrix, Sequoia lead FPL's $10 million Series-A roundThe company will use the funds to expand its recently launched mobile-based credit card product - OneCard.
- FPL Technologies secures USD 10 mn funding from Sequoia India, othersThe latest investment brings FPL Technologies' total funding since launch to approximately USD 15 million, it added.
- Vedanta implementing resolution plan for acquisition of FACORIn a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentur...
- FPL Tech raises $4.5 million from Matrix, SequoiaThe startup, which has already launched OneScore App for credit tracking, will also look to offer credit cards to consumers in partnership ...
- Any move on Facor liquidation only after NCLT rulingFacor’s committee of creditors (CoC) had rejected all resolution plans and conveyed the same to the NCLT on April 2.
- ICICI Pru acquires 8.41% stake in Fino Paytech for Rs 100 croreIn a BSE filing, ICICI Prudential said it has "completed the acquisition and obtained necessary approval from insurance sector regulator Ir...
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