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Sold Apple for $800, missed out on $400 billion: Why Ronald Wayne has zero regretsRonald Wayne, the lesser-known third co-founder of Apple, sold his 10% stake for $800 in 1976—now potentially worth over $400 billion. Desp...- Mobikwik Q1 loss widens six-fold to Rs 42 crore, revenue falls 21%Mobikwik's net loss widened significantly to Rs 41.9 crore in the June quarter, impacted by a sharp decline in financial services revenue a...
- 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...
- Listed fintechs feel the pinch of lenders going slow on unsecured lendingA slowdown in unsecured loan disbursals by banks and NBFCs has hit fintech firms like Paytm, MobiKwik, and Paisabazaar. These companies are...
- MobiKwik incorporates wholly owned NBFC subsidiaryOne MobiKwik Systems has established Mobikwik Financial Services Pvt Ltd to provide non-bank financial services, including leasing and fina...
- Lending winter is sending chills to listed fintech companiesThe slowdown in unsecured consumer loans is affecting fintechs like Paytm, MobiKwik, and Paisabazaar, with significant drops in loan disbur...
- MobiKwik partners Piramal Finance to offer personal loansThrough its partnership with Piramal Finance, MobiKwik users across India will now have the ability to apply for and easily access personal...
- Decoding MobiKwik’s second attempt at public listingThis is the second time One MobiKwik Systems has filed its draft papers. MobiKwik had abandoned its initial listing plans in 2021, citing w...
- ZestMoney raises fresh capital from existing investorsAfter a proposed acquisition deal with PhonePe fell through and its founders moved on, this round could be a lifeline for the pay-later sta...
- Paid time off, loan repayment assistance...US employers get creative even as salary hikes coolEven as wage growth cools, many US companies are still struggling to fill positions and they are looking at offering more benefits to retai...
- US consumer watchdog plans to regulate 'buy-now, pay-later' companiesThe watchdog, which does not currently oversee BNPL companies or products, will issue guidance or a rule to align sector standards with tho...
- Financial services platform StrideOne, MSME lender ZipLoan join hands for strategic partnershipMSME businesses are usually overlooked by traditional finance institutions due to various underwriting challenges including lack of collate...
- Buy Now, Pay Later fastest-growing segment for Mobikwik: Upasana TakuMobikwik to foray into P2P lending with RBI-registered NBFC Lendbox
- Apple's potential 'buy now, pay later' plan sends sector shares tumblingThe US tech giant will use Goldman Sachs, its partner since 2019 for the Apple Card credit card, as the lender for the loans, Bloomberg New...
- Stride Ventures makes its first investment in MSME lending platform, ZipLoanZipLoan caters to the need of working capital loans for kirana stores and micro industries.
- SAIF Partners leads Rs 90-cr series-B round in ZiploanThe New Delhi-based firm plans to utilise the funds to grow its business, expand its offering in cities it is already present in.
- HDFC Bank aims to accelerate 2-wheeler loan growth to 25%The bank is aiming to finance another 13.5 lakh two-wheelers this fiscal , a growth of 20-25% from a year ago.
- EzCred, when you don't have a credit profileEzCred connects lenders with businesses that seek to offer credit at the point of sale.
- Japan offers to fund 81% of India's first bullet train worth $15 billionJapan has offered a loan amounting to 81 per cent of the cost of the $15 billion Mumbai-Ahmedabad high speed rail project, Rajya Sabha was ...
- How Alok Chawla’s Rs 50 lakh Gizmobaba is dispelling notion about poor quality Chinese goodsDot.com may well be Chawla’s middle name. After a flurry of online ventures, this serial entrepreneur is currently running Gizmobaba.com
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