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KIWI CREDIT CARD
PNB Q4 net profit rises 14% YoY to ₹5,225 crore; targets ₹2 lakh crore digital book in FY27Punjab National Bank is seeing strong digital growth, sanctioning one in three loans digitally and crossing ₹1 lakh crore in digital sancti...
PNB joins hands with Kiwi to expand credit on UPI for 180 million customersState-owned Punjab National Bank has partnered with Kiwi to launch the RuPay-based PNB Kiwi Credit Card. It offers digital onboarding, UPI ...
Kiwi cofounder Mohit Bedi steps down from executive role after four yearsIn a LinkedIn post on Saturday, Kiwi cofounder Mohit Bedi said he would shift focus to "personal and family” commitments while remaining cl...
Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
West Asia conflict fears could harden credit card underwriting, curb co-branded card growthIndian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwrit...
HDFC Bank, Axis Bank and more: 4 UPI credit cards that include features like cashbacks, rewards airport longue accessNew UPI-enabled credit cards offer convenience and rewards. Kiwi, HDFC Bank, IDFC FIRST Bank, and Axis Bank provide options. Users can make...
Fintech startup Kiwi secures $24 million from Vertex Ventures and existing investorsFintech startup Kiwi secured $24 million in funding led by Vertex Ventures Southeast Asia and India to launch credit lines on UPI. Kiwi, wh...
20 UPI Rupay credit cards to earn cashback, rewards, airport lounge access from everyday paymentsUPI RuPay credit cards provide a way to earn rewards. Several banks offer these cards with UPI convenience. Users can get cashback and rewa...
NPCI ups RuPay credit card play against rivalsNational Payments Corporation of India (NPCI) has started offering financial incentives to banks to push RuPay credit cards to their custom...
UPI-enabled credit cards see 20% monthly transaction growth, RuPay market share up to 12%: ReportThe Kiwi 2024 report highlights that UPI-enabled card users now make an average of 40 transactions per month, eight times more than traditi...
This festival of lights, UPI lit the biggest fireworksThe spike in ecommerce transactions with purchases ranging from pet products to books, new digital media subscriptions and even holidays co...
New RuPay credit card on UPI rule: RuPay credit card reward point rules from September 1New RuPay credit card on UPI rule: NPCI has instructed all banks that issue RuPay credit cards to ensure that the rewards points, benefits,...
How fintech startups are dealing with bleak credit cards outlookThe slowdown in the Indian credit card market is expected to intensify over the next few quarters thereby increasing the pain for fintech s...
Banks may offer small loans on UPI against FDsPrivate banks targeted new-to-bank customers for credit on UPI with fixed deposits as collateral. With the upcoming launch of credit-line-o...
UPI integration gives a fillip to RuPay credit cards distributionRuPay credit cards are seeing a growth in usage after linking with UPI, with its issuance at 30%, up from a mere 5% in 2022-23. The shift t...
Fintechs queue up for card distribution business to lift toplineTwo people in the know told ET that while Cred has already started distributing Axis Bank credit cards through its platform, Walmart-backed...
Credit card on UPI startup Kiwi raises $13 millionLaunching its product in June this year, Kiwi issues virtual RuPay credit cards to users in partnership with Axis Bank, allowing them to li...
Reward points and freebies push credit card spends to record levelsAverage monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a mo...
NPCI leans on bank partnerships to push RuPay credit cardsWith UPI being allowed on RuPay credit cards, NPCI is hoping to attract more lenders as it could be a major source of attraction for consum...
Credit card platform Kiwi raises $6 million in funding to take on ‘credit on UPI’ offeringThis comes as the Reserve Bank of India has given banks the green signal to transfer pre-sanctioned credit lines through the unified paymen...