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FLIPKART BNPL PRODUCTS
Amazon, Flipkart take aim at India's banks with new consumer loan offeringsAmazon acquired Bengaluru-based non-bank lender Axio earlier this year. Currently focused on BNPL and personal loans, Axio will re-embark o...
Amazon, Flipkart take aim at India's banks with new consumer loan offeringsAmazon and Flipkart are moving deeper into financial services in India, targeting small businesses and consumers with new lending products ...
UPI vs cards: A clear divide emerges in Indian spending behaviourIndia’s digital payment story is now one of balance -- between instant UPI transfers and credit-driven purchases, between small daily spend...
ETtech Explainer: RBI halts Simpl payment operations: What it means to BNPL playersThe action against the Bengaluru-based fintech reflects a broader regulatory crackdown on the buy-now-pay-later sector that has been intens...
Flipkart’s Super.money acquires BharatX’s tech, key team members to expand credit offeringsThis deal does not involve a full acquisition of BharatX, a Y Combinator-backed fintech credit startup, given its existing credit-related l...
ETtech Exclusive: PhonePe may waive off ZestMoney’s $18 million debt after failed acquisitionThe Walmart-owned digital payments major is looking to strike a commercial agreement and may pay $8 million to ZestMoney for the licensing ...
PhonePe raises $350 million funding from General Atlantic at $12 billion pre-money valuationWhile the primary fundraising is estimated to be $1 billion in size, a secondary share sale will take the total financing to a range of $1....
Breezy start to ecommerce festive sales, 28% growth in first two daysAmazon, Flipkart upbeat on consumer demand; Amazon’s Tiwary says sales trajectory a positive surprise
Ecommerce sales tepid as consumption growth slows downDaily shipments growth moderates, pegged at 20 per cent for FY23; sale days boom muted.
Juspay cofounder’s startup Hyperface raises $9 million in funding from 3one4 Capital, othersHyperface will use the funds to strengthen its credit cards-as-a-service product with the aim to build a strong team.
B2B fintech company FinBox raises $15 millionFinBox plans to use the capital to scale up offerings and expand to the Southeast Asia market.
Tata Digital snags top ecomm execs, eyes online travel, home service businessesScripbox founder and CBO, senior execs from Flipkart, Udaan, Blinkit, joining salt-to-software conglomerate
B2B payments fintech Rupifi raises $25 million funding led by Tiger, BessemerThe company now plans to use the proceeds from the fundraise to build the complete B2B checkout product for marketplaces as well as launch ...
Watch out for these costs in Buy Now, Pay Later schemesBNPL schemes do look attractive, however, one needs to do some number crunching to arrive at the 'real cost' of such BNPL offers - in most ...
Buy Now, Pay Later or credit card: Which is better for you?While credit cards typically come with an interest-free credit period of up to 45 days, under BNPL the interest-free credit period is for m...
Visa, Mastercard hop on for 'Buy Now Pay Later' ride, plan launch in India by end of FY22BNPL is a credit option that gives customers at storefronts and on ecommerce pages the option to defer payments free of cost or to convert ...
Flipkart Wholesale, Rupifi partner for offering embedded BNPL to MSMEsThis partnership enables 1.5 lakh Kiranas and MSMEs members on Flipkart Wholesale get instant and digital credit, with flexible repayment t...
The rise of BNPL amid regulatory ambiguityWith the growing number of 'buy now, pay later' transactions comes the regulatory scrutiny from the Reserve Bank of India.
Buy Now Pay Later is the flavour of festive season for top Internet firmsFintech companies too are discovering the potential of this nascent yet fast growing segment in India
Fintech riding the ‘buy now, pay later’ wave this seasonBanks, non-banks seek tie-ups for easy access to consumer durables loans