India boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...

Bengaluru-based digital banking platform Freo has acquired credit marketplace IndiaLends, which will continue to operate as a separate enti...

India faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...

Venture capital firm Peak XV Partners has fully exited fintech firm One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. Th...

Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...

RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows persistent compliance issues. The b...

The RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced manageme...

Paytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on...

In a release, the central bank said Paytm Payments Bank can no longer conduct banking business under the Banking Regulation Act.

The small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...

The proposed initial public offering could raise between Rs 600 crore and Rs 800 crore, although the final size will depend on market condi...

Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and ...

Neobanking startup Jupiter, backed by Tiger Global and Peak XV Partners, secures a prepaid payments instrument licence from the RBI to offe...

In a note, the NPCI has asked PPI issuers to stop such services with immediate effect and close down existing wallets by June 30

The company said that the growth is backed by its leadership in the UPI space where it holds over 50 per cent market share by value.

CEO Sameer Nigam says the company can do scant little to reduce UPI market share. PhonePe has emerged as the largest UPI app with over 45% ...