ETtech Explainer: RBI halts Simpl payment operations: What it means to BNPL playersThe action against the Bengaluru-based fintech reflects a broader regulatory crackdown on the buy-now-pay-later sector that has been intens...
26 Sep, 2025, 09.01 PM IST
Buy-now-pay-later offerings wane as fintechs pivot to EMI loans, consumer creditBuy now, pay later services in India are losing traction due to stricter regulations and credit quality concerns. Fintech companies like Pa...
29 May, 2025, 06.56 AM IST
Paytm shares soar over 12% amid high volumesPaytm Share Price: Shares of fintech firm Paytm surged over 12% to Rs 623.8 during Friday's intraday trading, driven by heavy volumes on th...
30 Aug, 2024, 03.29 PM IST
Flipkart consolidates fintech offerings into single vertical ahead of festive salesFlipkart has integrated its various fintech services into a single vertical named ‘Flipkart Pay’. This new platform includes services like ...
30 Jul, 2024, 03.31 PM IST
Paytm loss widens to Rs 840 crore, revenue falls; fintech plans to cut staff cost by Rs 500 crorePaytm's Q1 financials were mainly impacted by RBI's action in March when it asked Paytm Payments Bank to halt banking services. The digital...
20 Jul, 2024, 10.05 AM IST
Macquarie cuts Paytm price to Rs 275 after RBI crackdownThe downgrade comes in the wake of the recent regulatory action on Paytm Payments Bank by the Reserve Bank of India. In a January 31 order,...
13 Feb, 2024, 09.26 AM IST
Paytm Q3 loss narrows to Rs 222 crore; firm to focus on large-ticket loansPaytm's revenue from operations for the December quarter increased 38% to Rs 2,850.5 crore. Paytm said the increase in revenue was on the b...
19 Jan, 2024, 09.56 PM IST
Paytm scales down small-ticket loan business amid regulatory hurdlesThis move assumes significance at a time when the Reserve Bank of India has instructed banks and NBFCs to slow down on their unsecured lend...
07 Dec, 2023, 06.45 PM IST
Diwali Shopping: A 2% convenience fee on BNPL can cost you as much as 72% interest per annum, compare the cost before you buyFestive season around Diwali has traditionally been the period when people typically spend highest amount on shopping in any given year. Th...
30 Oct, 2023, 03.03 PM IST
Paytm: Goldman Sachs says RBI online lending guidelines remove key overhangGoldman Sachs said the next catalyst could be the potential resolution of the user onboarding ban on Paytm Payments Bank (PPBL), which Payt...
11 Aug, 2022, 01.21 PM IST
Focus is on payments, distribution of lending products: Paytm founder Vijay Shekhar SharmaVijay Shekhar Sharma reiterated that the company continues to be on track to achieve operating profitability by September 2023.
29 Jul, 2022, 06.55 AM IST
Focus is On Payments and Lending Products: Paytm"We have sharpened our focus on payments and distribution of lending products and have prioritised these businesses in our resource allocat...
28 Jul, 2022, 11.44 PM IST
Visa, Mastercard hop on for 'Buy Now Pay Later' ride, plan launch in India by end of FY22BNPL is a credit option that gives customers at storefronts and on ecommerce pages the option to defer payments free of cost or to convert ...
22 Oct, 2021, 12.57 PM IST
BharatPe appoints Nehul Malhotra as head of consumer lendingIn his previous stint, Nehul Malhotra was executive director at Russell Reynolds Associates. He has an in-depth understanding of fintech, h...
23 Sep, 2021, 11.42 AM IST
HDFC Bank, Paytm team up for digital paymentsHDFC Bank will make available to its merchant customers Paytm’s range of Android PoS (point-of-sale) devices. Through the partnership, HDFC...
23 Aug, 2021, 08.02 AM IST
The rise of BNPL amid regulatory ambiguityWith the growing number of 'buy now, pay later' transactions comes the regulatory scrutiny from the Reserve Bank of India.
10 Aug, 2021, 09.46 AM IST
Buy Now Pay Later is the flavour of festive season for top Internet firmsFintech companies too are discovering the potential of this nascent yet fast growing segment in India
10 Aug, 2021, 06.00 AM IST