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STRIPE AND PINE LABS
Fintech Pine Labs to launch stablecoin payments outside India, CEO saysThe Temasek and Peak XV-backed company aims to launch in countries that have a "stablecoin-friendly stance", Amrish Rau said in an intervi...- Big Tech's AI spending war; PB Fintech shelves QIP planBig Tech stocks tumble amid AI spending pledges despite strong quarterly earnings. This and more in today's ETtech Top 5.
- Our scale & financials justify an IPO: Pine Labs CEO Amrish RauPine Labs CEO Amrish Rau discussed the company’s IPO, growth, and future plans with ET. He highlighted consistent revenue growth, a tech-fo...
- Peak XV’s Shailesh Lakhani, Abheek Anand quit VC firm adding to top-level churnThe two will no longer have full-time investing roles but will continue to hold their board seats in some of their portfolio companies. Acc...
- Peak XV's Surge selects 14 startups for tenth cohort; focuses on AI, financial services“In this cohort, we have companies from India, Southeast Asia, Australia, China, the UK, and the US. We also have our first company from th...
- Flipkart maps out India redux; QED’s Nigel Morris interviewHappy Monday! Ecommerce major Flipkart is in discussions to shift its domicile from Singapore to India. This scoop and more in today’s ETte...
- RBI grants payment aggregator licence to Mswipe TechnologiesUpon securing preliminary approval in 2022, Mswipe set its sights on piloting its internally developed payment gateway stack with its estab...
- Deep tech, AI, quantum ventures lead Peak XV Surge’s ninth cohortPeak XV Partners' scale-up programme Surge has chosen 13 early-stage startups for its ninth cohort, focusing on deeptech, artificial intell...
- ED to tap lenders for info in Byju's probe; Pine Labs pauses IPO plan for nowThe Enforcement Directorate (ED), days after probing premises linked to Byju’s for alleged Foreign Exchange Management Act (FEMA) complianc...
- BharatPe gets in-principle nod from RBI to operate as online payment aggregatorResilient Payments Pvt Ltd, a fully owned subsidiary of Resilient Innovations Pvt Ltd, the company that operates the BharatPe platform, rec...
- RBI directs Razorpay to pause onboarding new merchantsRazorpay, Stripe and Pine Labs were granted in-principle approvals for payment-aggregator licences in July. In September, Cashfree had also...
- Open gets RBI nod for payment aggregator licenceEarlier this year, Open also received a go-ahead from the RBI for its new cross-border payments product after completing the test phase of ...
- Infibeam Avenues receives RBI in-principle nod for payment aggregator licenceIn March this year, the RBI issued a framework under which payment aggregators are mandated to obtain a license for acquiring merchants and...
- Cashfree receives RBI nod for payment aggregator licenseAt least 185 fintech firms — including big names like Cred, Razorpay and PhonePe — had submitted proposals seeking the license, ET has repo...
- MobiKwik records Rs 543 crore revenue in FY22, up 80% from last fiscalMobiKwik received approval from capital markets regulator, the Securities and Exchange Board of India (Sebi), in October last year to go ah...
- MSwipe gets RBI-nod on payment aggregator licenceMSwipe plans to launch its own payment gateway (PG) services pan-India over the next three months, chief executive Ketan Patel told ET.
- Innoviti gets RBI nod for payment aggregator licenceFounded in 2002, Innoviti provides technology-led payment solutions and point-of-sale terminals for businesses, and offline merchants. It a...
- Razorpay, Stripe, Pine Labs get RBI nod for payment aggregator licenceRegulator expected to release full list of firms shortly; 185 cos had submitted proposals.
- Taking the battle head-onTwitter, in its writ petition, said orders from the ministry of electronics & information technology (MeitY) were “overboard and arbitrary,...
- Razorpay, Pine Labs get RBI aggregator nod; TCS records disappointing earningsAfter months of speculations fintech firms, Razorpay and Pine Labs have received in-principle approval from the central bank for a payment ...
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