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KIWI FINTECH STARTUP
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...
- UPI volumes rise 27% YoY in February; daily transactions hit record 728 millionAccording to industry executives, February data point to UPI’s expansion becoming broad-based, with stronger merchant adoption and a shift ...
- Irdai hardens stance: No insurance licence to VC-backed fintechsIrdai is reportedly tightening its grip on insurance manufacturing licenses for venture-backed fintech startups, favoring promoter-driven c...
- The Economic Times Startup Awards 2025: Nominees for Best on Campus and Comeback KidWe are excited to bring you the 11th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we have the...
- 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...
- ETtech Deals Digest: Startups raise $269 million this week, up 19% on-yearThe number of deals during the week was down to 15 transactions, compared to 31 in the corresponding week of the previous year.
- UPI speed bump: Wider base shrinks growth rateIn terms of transaction value, March 2025 was at Rs 24.77 lakh crore, up 25.2% from Rs 19.78 lakh crore in the year ago. That's down from 4...
- 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...
- 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...
- Nexus Venture Partners promotes principal Anand Datta to partnerMenlo Park, California-headquartered venture capital firm Nexus Venture Partners said in a Medium.com blog post that Anand Datta has been c...
- 2023 Year in Review: Meet the executives who donned the founder hatAlong with executive search firm Longhouse Consulting, ET has compiled a list of high-profile executives who launched their ventures this y...
- Omidyar Network India to exit country, stop new investmentsThe fund, which has invested in the likes of healthcare platform 1mg and edtech Vedantu, among other startups, will completely transition o...
- ETtech Deals Digest: Early-stage investments boost startup funding to $62 million this weekThe funding plummeted by 73% in the week from Nov 20 to 25, compared to the same period last year, when startups secured $224 million acros...
- ED finds Rs 9,000 crore forex violations by Byju’s, company denies findings; Tesla's India ride soonIndia's federal financial probe agency Enforcement Directorate (ED) has found that troubled edtech firm Byju's has allegedly violated provi...
- 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...
- Fintechs bank on credit cards for growth; ShareChat’s FY23 losses jump to over Rs 4,000 croreFintech heavyweights such as Cred and PhonePe are exploring cross-selling options and forging partnerships with banks to act as distributio...
- 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...
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