West Asia conflict fears could harden credit card underwriting, curb co-branded card growthIndian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwrit...
08 Apr, 2026, 06.28 AM IST
Are stricter rules holding back fintech startups? QED Investors' Nigel Morris weighs inIndia's fintech sector faces near-term challenges due to increased regulatory scrutiny, impacting early-stage startups' ability to scale. T...
03 Apr, 2026, 09.42 PM IST
AI will cause waves of layoffs in repetitive manual jobs: QED Investors’ Nigel MorrisAI is increasingly substituting entry-level hires at call centres, and even at tax preparation and investment banking firms, said Morris. F...
03 Apr, 2026, 03.47 PM IST
AI spend in India’s financial services sector to double in 2026: QED InvestorsThis will be driven equally by incumbents and early adopters. Legacy institutions are expected to outspend in the near term due to their sc...
26 Mar, 2026, 08.37 PM IST
Scoop: Credit card startup Uni eyes fresh funds at over 70% valuation cut amid RBI curbsBengaluru-based Uniorbit Technologies, the parent company of Uni Cards, has so far raised $104 million across multiple rounds from investor...
19 Mar, 2026, 01.49 PM IST
OneCard stops issuing new credit cards as RBI seeks clarifications from partner banksFPL Technologies' OneCard is facing a significant business setback as the Reserve Bank of India has instructed its partner banks to halt ne...
06 Dec, 2025, 10.06 AM IST
RBI asks partner banks to halt issuing OneCard credit cardsFPL Technologies finds itself in a tough spot. The Reserve Bank of India has mandated partner banks to stop issuing OneCard credit cards. T...
06 Dec, 2025, 12.56 AM IST
OneCard secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47FPL Technologies has raised $262 million in equity funding over multiple funding rounds. The fresh funds will be used for enhancing its tec...
13 Dec, 2024, 08.00 PM IST
One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
15 Aug, 2023, 06.00 AM IST
Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licencesA week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The q...
18 Jul, 2023, 09.51 AM IST
Fintech startups crowd NBFC queue to enter credit laneA growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities
18 Jul, 2023, 06.00 AM IST
OnePlus announces 5G Upgrade Days sale; OnePlus 11, OnePlus 11R on huge discounts. Details insideOnePlus has recently announced the 5G Upgrade Days sale, which offers a variety of new discounts to customers.
22 Mar, 2023, 03.22 PM IST
FPL Technologies set to be newest fintech unicornFounded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilisin...
13 Jul, 2022, 09.27 PM IST
FPL Technologies raises $75 million in funding at $750 million valuationThe company now plans to use the proceeds from the fresh raise to double its team strength, hire across marketing and engineering functions...
12 Jan, 2022, 03.32 PM IST
CSB lines up big plans to diversify from goldPrem Watsa's Fairfax-backed CSB Bank is collaborating with the likes of HDFC, IIFL, Pine Labs and OneCard to offer home loans, broking, wea...
24 Sep, 2021, 06.35 AM IST
Matrix, Sequoia lead FPL's $10 million Series-A roundThe company will use the funds to expand its recently launched mobile-based credit card product - OneCard.
19 Aug, 2020, 07.41 AM IST
FPL Technologies secures USD 10 mn funding from Sequoia India, othersThe latest investment brings FPL Technologies' total funding since launch to approximately USD 15 million, it added.
18 Aug, 2020, 04.50 PM IST