BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...
Digital payment firms face RBI scrutiny; Pine Labs, Meesho eye listingsHappy Thursday! After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector. T...
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 ...
Startups rethink IPOs; US visa dilemma for studentsHappy Tuesday! The global market rout may push Indian startups to reconsider IPO plans. This and more in today’s ETtech Morning Dispatch.
Zerodha to end zero-brokerage model; Unacademy lays off 250 employeesOnline stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top ...
No more licensed biz, Paytm to focus on distribution modelDigital payments major Paytm wants to stay away from getting into any regulated businesses and would rather focus on building distribution ...
Stock brokers push lending; InsuranceDekho’s latest acquisitionHappy Tuesday! Tech-first broking companies are looking to diversify into the credit business to build a larger financial services play. Th...
RBI scanner on gold loan startups; setback for P2P lending firmsHappy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their...
Groww and Worldline ePayments secure online payment aggregator licence from RBIThe PA licence will allow Bengaluru-based Groww to process online payments by itself. The licence was issued in the name of the company's s...
FirstCry refiles IPO papers; Groww secures payment aggregator licenceFirstCry has refiled its draft IPO papers with market regulator Sebi with updated financials. More on this in today’s ETtech Top 5.
Quickening pace of quick-commerce; and other top tech, startup stories this weekIt’s no surprise, given quick-commerce platforms are betting big on advertising revenues to contribute substantially to their toplines. HSB...
How fintechs got their fingers in every pie; and other top tech, startup stories this weekOn Wednesday, ET wrote about how fintechs were adding more than 42% of the new investors in mutual funds every month. And this is not uniqu...
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...
End of the road for Dream Capital; payment aggregator licence seekers under RBI scrutinyHappy Friday! We have two exclusive newsbreaks! Dream Sports, which operates fantasy gaming platform Dream11, has decided to roll back its ...
Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn't? RBI full listThe Reserve Bank of India (RBI) has recently released the status of the payment aggregators (PAs) operating in the country. All stakeholder...