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ENKASH FUNDING
Fintechs await government word on MDR subsidy allocationWhile the allocation of funds typically happens between December and January, this year the allocation announcement is still pending, indus...
RBI restriction unlikely to dent card companies profitsMacquarie Capital stated in a report that the Reserve Bank of India's (RBI) directive to prohibit card networks from facilitating non-bank ...
RBI's restrictions card network will reduce volumes but not hit profits of banks' card businessAccording to banks, the value of transactions in these cards is high, but since they do not attract the same level of fees (merchant discou...
Paytm loses out on Fastag; IT hiring slows amid increased scrutinyThe move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, peo...
Card-based business payments violated Payment and Settlement Systems Act, 2007: RBIOn February 14, ET wrote that fintech startups like EnKash, Paymate and others have been instructed by card network Visa to stop offering b...
Card networks seek clarity from RBI on compliance lapses in card-based B2B paymentsThis comes on the back of a recent instruction from the RBI asking these companies to halt usage of these payment instruments for business ...
2024: How the fintech industry will learn to live a regulated lifeFor Razorpay and Cashfree, Christmas came a week early, as after a year of being under embargo from the RBI, which halted new merchant onbo...
ETtech Explainer: The headlong rush for a payment aggregator licenceWhat does this payment aggregator licence mean? And why is it so significant for payment companies? ET explains.
Startups to reward and retain top performers despite crunchStartups set to offer Esops, bonuses, trips and faster career progression tracks.
RBI grants in-principle approval for payment aggregator licence to EnKashFounded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments.
Business-spend management platform EnKash rolls out incentive programme for staffThrough this programme, the company will reward employees for their ownership and intrapreneurial attitude as it intends to enable The init...
Axilor launches second fund of $100-millionAxilor’s latest corpus is almost four-fold higher than its previous close, as the seed-backer looks to continue backing early-stage startup...
ETtech Deals Digest | VerSe Innovation, Fetch Rewards, Nord Security raise fundsVerSe Innovation, the parent firm of online news aggregator DailyHunt and short-video platform Josh, signed definitive documents and raised...
B2B fintech Enkash raises $20 million funding led by Ascent CapitalThe Mumbai-based firm plans to utilise the capital to expand its offerings around banking-as-a-service, scaling up its ‘plug and play’ card...
U GRO Capital partners with SBM Bank India to launch credit card for MSMEsThe MSMEs eligible for the business loans from U GRO Capital would be extended incremental funds to open a Fixed Deposit account with SBM B...
Public Credit Registry to catalyse MSMEs’ financial inclusion: EnkashAccording to Yadvendra Tyagi, EnKash's cofounder, a holistic view of the borrowers helps a lender in making a decision, and that’s where me...
EnKash looks to expand team size by end-2020The startup is currently focusing on investing in its key leadership and building a rock-solid core team, as well as building a dedicated i...