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LAZYPLUS UPI
Exclusive | 150 staffers lose jobs as PayU lays off 6% of its workforceA person aware of the matter said the layoffs are spread across various teams and mainly impacted PayU India’s unit, Wibmo, a digital payme...- Indian fintech faces tough 2023; PayU India lays off 6% of employeesThe operating environment is expected to get tougher for Indian fintech startups next year amid a worsening funding winter and regulatory c...
- PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crorePayU 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...
- Fintech startup Uni temporarily stops servicing existing card usersThis comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...
- Important to understand RBI objective, we remain well capitalised: Slice CEO BajajBajaj's note comes after a circular from the Reserve Bank of India (RBI) last month sent the fintech industry into a tizzy.
- ED summons crypto execs; startup valuations drop sharplyED has issued notices to a few crypto firms and summoned their top executives as it probes alleged violations of India’s foreign exchange l...
- Twitter sues Indian govt; ED raids Vivo offices in money-laundering caseLast week we reported that the Indian government had given Twitter until July 4 to heed its takedown requests or lose immunity from prosecu...
- LazyPay stops buy-now-pay-later payment product amid PPI concernsLazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.
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