IPO-bound Fino PayTech to raise Rs 75 crore via right issueFino PayTech is eyeing to raise about Rs 74.75 crore by issuing 29,66,470 crore equity shares to eligible shareholders via a rights issue.
01 Sep, 2021, 02.08 PM IST
Buffett's firm to largest DII, all hooked to India’s grey market: Here’s what’s buzzingHere are some of the names that have kept the grey market abuzz over past few weeks.
05 Dec, 2019, 02.19 PM IST
No over the top offers from Fino Paytech in client raceThe upcoming payments bank of Fino Paytech will offer 4% savings rate to customers like universal banks.
21 Apr, 2017, 11.57 AM IST
Fino Paytech inks deal with ICICI group companies to distribute insurance productsThe payments bank will launch its operations with 3-4 products including current and savings account, business correspondent lending, remit...
10 Apr, 2017, 11.12 AM IST
Non-tech companies acquiring tech startups rather than starting a software division from scratchUS retailer Walmart purchased online store Jet.com for $3 billion, while General Electric's software division bought ServiceMax, a cloud-ba...
09 Apr, 2017, 02.15 PM IST
Branches to make way for cost-effective banking“We believe that this will help in propping financial services measure by banking industry in general and facilitate small finance banks to...
07 Apr, 2017, 08.26 AM IST
Fino Paytech receives final approval from RBI for payments bankThe company which till now was operating as a payments entity driving financial inclusion for banks had to reduce its foreign shareholding ...
31 Mar, 2017, 06.23 PM IST
ICICI Pru, ICICI Lombard buy 12% in Fino Paytech for Rs 150 croreFino Paytech is the only domestic remittance and payments company that worked as a business correspondent, to be awarded the payments bank ...
11 Jan, 2017, 08.15 AM IST
Fino PayTech has set a target of attaining an AUM of Rs 1000 crore through its own NBFCThe company which currently operates across 74 districts in the five states of Uttar Pradesh, Madhya Pradesh, Bihar, Maharashtra and Karnat...
20 Sep, 2016, 04.33 PM IST
BPCL picks up 21 per cent stake in Fino PayTech for Rs 250 crorePetroleum retailing company BPCL which has a huge customer base who uses its petrol pumps and LPG services intends to utilize this partners...
29 Jul, 2016, 10.32 PM IST
Fino PayTech may start operations by year-endFino is a financial solutions company engaged in domestic remittances, rural engaged in domestic remittances, rural lending and insurance.
16 Apr, 2016, 11.27 AM IST
Government plans to widen scope of Aadhaar authenticationCitizens may soon be able to validate the credentials of drivers and domestic helps before hiring them using their Aadhaar numbers.
02 Feb, 2016, 04.34 AM IST
FinoPaytech in talks with ecommerce player to use Aadhaar numbers to verify customersNegative pin codes are regions of the country in which ecommerce companies do not deliver as they fear being cheated or their delivery boys...
25 Jan, 2016, 11.23 AM IST
Foreign investors to decrease stake in FINO PayTechFINO PayTech’s foreign investors will reduce their stakes in the company to enable it to meet regulations stipulated for operating a paymen...
24 Aug, 2015, 06.17 AM IST
Financial, ecommerce companies tie up for delivery solutionsThe tie-ups will allow customers to pickup goods ordered online at a pre-specified location that are run by the financial services provider.
12 Aug, 2015, 10.03 AM IST
Fino PayTech ties up with Yatra.com for online ticket serviceFino PayTech today said it has tied up with online travel portal Yatra.com to provide online ticket booking service to migrants, rural wome...
10 Aug, 2015, 07.14 PM IST
Yatra.com ties up with Fino Paytech to tap rural marketsFino Paytech said it tied up with travel portal Yatra.com to help them book tickets online through its Fino Money retail platform.
07 Aug, 2015, 01.44 PM IST