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KREDITBEE FINANCIAL RESULTS
As fintech lenders chase secured credit options, VCs up their betsAs unsecured lending slows, investor interest is shifting to secured lending platforms, attracting significant venture capital. Startups ar...
Trump sounds DeepSeek alarm; Zepto’s homecomingDeepSeek’s arrival is a warning for American companies, says US President Donald Trump. This and more in today’s ETtech Top 5.
Digital lenders' profit woes; Prosus' new fintech betHappy Tuesday! Rising stress in unsecured lending tightens the ropes for digital loan startups. This and more in today’s ETtech Morning Dis...
Higher borrowing costs leave a strain on new-age NBFC profitsNew-age non-banking finance companies (NBFCs) witnessed declining profits in the September quarter. Increased borrowing costs and tighter l...
Winners of The ET Startup Awards 2024 to be feted today, and other top stories this weekIt’s D-day! Top entrepreneurs, policymakers, and investors will come together in Bengaluru today to honour the stars of Indian entrepreneur...
Kreditbee, Khatabook's domicile shift likely to pave way for IPOsValued at $700 million, Kreditbee flipping base to India will set the stage for a domestic initial public offering by the company — the key...
Startups tap new pools of capital; consumer lending apps hit profitabilityCapital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting...
Unsecured loans in focus, fintechs see NBFC credit taps drying upLarge NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...
Navigating the future of fintech: Exploring the buy now pay laterRapid growth in the UAE and India is attributed to digitization, ecommerce expansion, and appeal to the younger generation.
Tech earnings a mixed bag in Q3 & other big stories this weekMost of the listed tech companies have seen stock valuations halve as investors dumped them in favour of established businesses.
New RBI rules in the making may allow neo banks, digital platforms to flourish and deepen inclusionKey recommendations that can be implemented in the near term include restricting lending activities only to entities regulated by the RBI. ...
Fintech's moneymoonIn today’s ETtech Morning Dispatch newsletter: Fintech startups ClearTax and KreditBee in talks for more funding; A SPAC exclusively for In...
ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernautTata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing ...
Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minuteAccording to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commerci...