A detailed Enforcement Directorate report reveals Chinese nationals are behind most loan app and crypto scams in India, with Rs 28,000 cror...

The federal probe agency said in a statement that the special Prevention of Money Laundering Act (PMLA) court based in Bengaluru has taken ...

Fintech platform PayU’s buy-now-pay-later service LazyPay’s website was taken down following a notice from MeitY. Kissht, another lending p...

Fintech companies likely to be affected by the order also met officials of the Ministry of Electronics and IT (MeitY) on Wednesday to discu...

Founders of several lending platforms met officials of the Ministry of Electronics & Information Technology (MeitY) in New Delhi on Tuesday...

This came after Mumbai police found app developers and fintech companies that had floated instant loan apps with Chinese links, had alleged...

The searches were made under provisions of the Prevention of Money Laundering Act (PMLA), the agency said in a press release on Saturday. T...

These lending apps flourished amid the Covid-19 pandemic when many in the blue-collar workforce lost their jobs as the country went into a ...

Last year Google had pulled the plug on more than 500 instant-credit apps that had their roots in China and were not compliant with central...

e was later produced before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad that sent him to 15 days' judicial custo...

ByteDance also operates Douyin Pay, its own third-party mobile payment, to facilitate users on e-commerce transactions on short video app D...

"The Fintech companies have agreement with respective NBFCs for disbursement of loans through digital lending apps. The amount attached by ...

The handset maker is aiming to become one of the largest players in the country's fin-tech space through its Mi Credit lending service and ...

Mi Pay and Realme PaySa recorded 4,80,000 and 10,000 monthly UPI transactions throughout 2020. That compares with PhonePe's 902.3 million a...

Xiaomi, Oppo and Realme, which launched their fintech apps Mi Pay and Mi Credit, Oppo Kash and Realme PaySa, respectively, at the start of ...

The Enforcement Directorate and CIDs have launched probe against more than two dozen China-backed loan apps and directed Paytm and Razorpay...

Online lending firms say that Google is acting like a super regulator, seeking details that even the RBI is yet to do. They have written to...