Even as overall income saw a bump, PayU India’s revenue growth rate slowed from the 42% witnessed in FY22.

A person aware of the matter said the layoffs are spread across various teams and mainly impacted PayU India’s unit, Wibmo, a digital payme...

The operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory c...

PayU had reported Rs 1,415.67 crore in consolidated revenues for the fiscal year ending March 31, 2021 (FY21). It had also reported net los...

This comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...

Fintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.

Until May, fintech companies were issuing five to seven lakh prepaid cards a month to customers. But in June the RBI barred non-banks from ...

New numbers dip to fraction of levels before RBI bar on credit links to PPIs.

Several fintech firms have reached out to leading banks to explore alternative credit models, sources told ET. These include opening a bank...

LazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.

PayU's priority settlement feature allows merchants to choose between receiving funds in scheduled settlement cycles every 15 minutes, hour...

India’s top edtech firms are joining forces to implement a self-regulatory code on how they do business in the country. Tata Digital has se...

PayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...