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EIGHT FINTECH ENTITIES
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- RBI bats for AI policy backed by boards of regulated entitiesAn RBI committee has recommended that financial entities adopt board-approved AI policies, promoting AI innovation for financial inclusion,...
- RBI announces 'FREE-AI' committee to develop AI frameworkThe Reserve Bank of India has formed an eight-member panel called FREE-AI, led by Pushpak Bhattacharyya of IIT Bombay, to develop a framewo...
- India faces $10 trillion funding gap in bid to meet net zero pledge: FM Nirmala SitharamanIndian companies will soon be able to access global capital by directly listing on exchanges at the IFSC, a deemed foreign jurisdiction, sh...
- Finance Minister Nirmala Sitharaman unveils GIFT city's financial landscapeAt the Vibrant Gujarat Global Summit, Finance Minister Nirmala Sitharaman highlighted the financial ecosystem within Gujarat International ...
- Fintech startup Fisdom plans to launch portfolio management servicesThe PayU-backed fintech clocked revenue of Rs 75 crore in FY23 and is already profitable in its wealth management business. It aims to brea...
- Scoop: Razorpay’s ‘reverse flip’ to India; Blinkit delivery disruptions continue in parts of Delhi-NCRFintech major Razorpay is planning to move its holding company from the US to India amidst tightening regulations in the sector. This and m...
- Dvara Holdings mulls Rs 300-crore fund to support ventures focusing on low-income households“We are planning to launch a financial inclusion fund of Rs 300 crore with an aim to provide equity and debt funding support to ventures in...
- Jack Ma to give up control of Chinese fintech company Ant GroupChina's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series of shareholding adj...
- Tiger Global Eight sells 0.73% stake in PB FintechPB Fintech is the new age stock that listed on stock exchanges on November 15 at a premium of over 17% against its issue price of Rs 980
- IIFL Fintech Fund invests $5 million in legaltech firm LeegalityLeegality enables businesses to digitally transform their document logistics and is used by over 1,500 businesses, including group entities...
- EarlySalary eyes $100 million from TPG, NorwestInvestment likely to be officially announced in next few days.
- Time to recognise ‘super-fintechs’ to enable better banking services, Cashfree Payments CEO says at ET Future of Money SummitAt the ET Future of Money Summit, Akash Sinha, Co-founder and CEO of fintech startup Cashfree Payments, said it's time to recognise a ‘supe...
- Eight account aggregators await RBI licence to go live in a quarter or twoAccount Aggregator is a data sharing protocol between financial institutions that is envisaged as a mechanism to reduce the need for indivi...
- IT hiring expected to surpass 2021 levels; WazirX tries to calm anxious workers“Even after multiple months of cratering stock prices and inflation in the broader US economy, companies are still desperate for talent and...
- RBI approves cross border payment solutions for Cashfree, Open among othersThe RBI had announced the opening of the second cohort under the regulatory sandbox in 2020.
- RBI's fourth regulatory sandbox cohort on financial fraudsThe central bank has so far introduced three cohorts. Six entities have successfully exited the first Cohort on ‘Retail Payments’ while und...
- Razorpay executives try a MarsShotA group of top executives from fintech startup Razorpay, including co-founders Harshil Mathur and Shashank Kumar, have set up MarsShot Vent...
- High-street banks oppose fintech firms' access to bank client dataTo draw RBI attention to risks of unbridled flow of customer data from credit information cos to fintech and financial services players
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