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P2P lenders like BharatPe, LenDenClub rework products, business to follow RBI diktatIndia's P2P lending startups, including BharatPe, Cred, and LenDenClub, adjust products amid regulatory scrutiny. Lendbox introduces Per An...11 Jul, 2024, 11.20 AM IST- No default loss cover diktat by RBI to hit peer-to-peer lending startupsRBI's ban on DLG for P2P platforms reshapes industry operations, impacting prominent startups. Regulator's actions aim to bolster governanc...01 May, 2024, 11.45 AM IST
- P2P lenders to stop ‘liquid funds’ as RBI peers into businessThe initiative by the Association of P2P Lending Platforms comes on the back of sharp displeasure expressed by the country’s banking regula...22 Mar, 2024, 06.00 AM IST
- P2P companies log revenue jump, thanks to business partnershipsAfter years of slow growth and a fledgling business model, some P2P platforms have shown a strong uptick in business volumes mainly through...29 Nov, 2023, 07.15 PM IST
- Neobanking company Fi’s revival hinges on its credit offeringsInternally, the Fi is experimenting with a new user onboarding flow called Fi Lite, where customers are not mandated to open a digital bank...02 Oct, 2023, 01.58 PM IST
- Cred names financial services veteran B Sriram as independent directorSriram will provide guidance and counsel for the company’s long-term strategy, growth plans and execution roadmap.05 Jul, 2023, 06.35 PM IST
- GenWise raises $3.5 million in funding led by Matrix to target elderly populationThese funds will be utilised to establish an initial team and facilitate the launch of the app.06 Jun, 2023, 12.08 AM IST
- Kunal Shah’s Newtap Technologies in talks to raise $50-70 million to push lending businessShah has discussed shoring up the funds from Cred’s existing investors including Sequoia Capital and Singapore’s sovereign fund GIC, which ...01 May, 2023, 11.03 PM IST
- Cred to buy CreditVidya as fintech consolidation continuesAfter the acquisition, CreditVidya will continue to operate independently and its more than 200 employees will get access to Cred’s employe...29 Nov, 2022, 10.25 PM IST
- Cred launches ‘Scan & Pay’ feature as it enters offline payments spaceThe feature can also be used to make peer-to-peer (P2P) transactions, either by scanning a quick response (QR) code or by feeding in the be...01 Oct, 2022, 06.01 AM IST
- Cred to invest $10 million in P2P lending platform LiquiLoansCred will pick up a minority stake -- roughly 5-6% -- in the company, valuing it at roughly $200 million.16 Sep, 2022, 08.29 PM IST
- Only 6% Google fee for some apps; ED freezes another Rs 46 crore in loan apps caseGoogle’s revised Play Store billing policy, which is set to take effect in India on October 31, may bring good news for app developers that...16 Sep, 2022, 07.23 PM IST
- Neobank Fi marks financial services foray with mutual fundsFi will offer around 600 index funds and increase the number going forward, the company said at a virtual press conference on Thursday05 May, 2022, 05.04 PM IST
- CRED Mint wants you to earn more from the idle cash in your bank account; here's howCRED Mint enables you to manage your idle money by facilitating higher rates of interest than most traditional methods. This service will a...01 Sep, 2021, 04.23 PM IST
- Cred to enter peer-to-peer lending with user fundsCred Mint, launched in partnership with P2P non-bank LiquiLoans, will allow users to 'invest' their savings in a capital pool, which will t...20 Aug, 2021, 01.59 PM IST
- ICICI, Yes Bank ask BharatPe to stop taking deposits in their namesThe move comes amid heightened scrutiny by the Reserve Bank of India of the burgeoning digital payments ecosystem.04 Aug, 2020, 10.03 AM IST
- With 2018 hiccups gone, P2P companies look at 2019 with high hopes2018 was a landmark year for the peer-to-peer (P2P) industry.24 Dec, 2018, 11.22 AM IST
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