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Neobank Fi Money’s cofounder Sumit Gwalani steps down after six yearsFi Money cofounder Sumit Gwalani has exited the startup. This follows the shutdown of Fi Money's banking service in March. The company is s...
Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...
Fintech regulations to help those who follow rules: QED’s Nigel MorrisNigel Morris, cofounder and managing partner at QED Investors, spoke to ET about the recent clampdown by India's central bank across variou...
Piyush Goyal, Rajeev Chandrasekhar to grace ET Startup Awards ceremony; Dunzo cofounder to exitThe awards ceremony of the Economic Times Startup Awards 2023, scheduled to be held in Bengaluru on October 7, will see Union minister of c...
Fintechs meet finance ministry officials to flag 20% levy on remittances under LRSTop brass of new-age stock investing platforms detail impact of levy on retail investors and business.
PhonePe lands $100-million top-up at $12-billion valuationThe fintech startup in January had raised $350 million from General Atlantic; plans $1-billion primary fundraise.
What does the future of banking in India look like?The digital revolution in the banking and financial sector met the need for convenient services, altering customers' expectations of their ...
Three trends that will define India’s fintech sector in 2023Neobank partnerships driving hyper-personalised financial products, AI-driven efficiency in digital lending services and wealth tech for ev...
At Day 1 of ET Future of Money Summit, policymakers and leaders to discuss financial inclusion, CBDCs, gender and finance, and moreOn the first day of ET Future of Money Summit, top leaders and experts will focus on the theme of financial inclusion, women and money, fin...
ET Future of Money 2022: MoS Finance Bhagwat Karad to deliver inaugural keynote; over 25 speakers to join summitDr. Bhagwat Kishanrao Karad, MoS - Ministry of Finance, Government of India will deliver the inaugural keynote address at ET Future of Mone...
What to expect at the ET Future of Money Summit 2022 on July 26-27The ET Future of Money Summit, in its inaugural edition, will help India's transition to a truly digital and cashless economy. . The inaugu...
RBI says non-banks can't load credit lines on prepaid instruments; investors spooked as DeFi bubble popsOn Monday evening the Reserve Bank of India issued a clarification on prepaid payment instruments (PPIs) such as wallets and prepaid cards,...
Exclusive: Delhivery CEO Sahil Barua on daring IPO; Cognizant to go fully hybrid by early 2023One company has chosen to plough ahead despite the less-than-ideal conditions. We spoke to Sahil Barua, founder and CEO of Delhivery, in an...
Govt De-Fies crypto hoarders; India’s 100th startup unicornTaxman could impose an additional 20% tax on such transactions and income.
8 things you must know before trusting your money to a digital neo bankEven though these fintech players use the popular suffix, bank, it does not mean they are anywhere close to being a bank in regulatory term...
Jupiter in talks for $100-million funding, valuation may doubleThis comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm ...
PolicyBazaar IPO changes; EV financing on the riseToday, PolicyBazaar’s parent company becomes the third Indian tech startup to tap the public markets after Zomato and Nykaa. We’ve got all ...
Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....
ETtech Deals Digest: Two unicorns, and a whole lotta fundingBharatPe and Mindtickle became startup unicorns this week with funding from Tiger Global and SoftBank, respectively. Neobank Jupiter made a...
Google Pay creators launch neobank Fi for millennialsNeobanks are virtual banks that work online and do not have physical branches