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FIBE CREDIT CARD
Digital lending startup Fibe eyes $35 million fundraise from IFCIt has sought the participation of its existing investors — Eight Road Ventures, Norwest Venture Partners, and TPG, which had invested thro...
20 UPI Rupay credit cards to earn cashback, rewards, airport lounge access from everyday paymentsUPI RuPay credit cards provide a way to earn rewards. Several banks offer these cards with UPI convenience. Users can get cashback and rewa...
Stuck digital lenders look to RBI to ease unsecured loan rulesThe digital lending industry is urging the Reserve Bank of India (RBI) to reinstate short-term credit products, underscoring a clear need w...
Fintech startups freeze salary loan products as RBI cracks down on unsecured loansThe advance salary product was designed for working professionals to take an instant personal loan for about a month, similar to a salary a...
Digital lending sector sees slowdown in growth, higher bad loans as regulator increases scrutinyFintech lenders in India anticipate rising bad loans as regulatory scrutiny tightens on unsecured lending. The RBI has unofficially urged t...
UPI integration gives a fillip to RuPay credit cards distributionRuPay credit cards are seeing a growth in usage after linking with UPI, with its issuance at 30%, up from a mere 5% in 2022-23. The shift t...
New-age stocks recover post poll results; Ixigo IPO launchA day after election results, shares of new-age companies like Zomato and Delhivery made a sharp recovery on the bourses. A look at the num...
Lending startup Fibe closes $90 million financing in mix of primary and secondary transactionPune-based consumer lending startup Fibe is raining money at a time when fintech lending startups focusing on unsecured consumer lending ar...
Consumer lending apps on track on profitability frontFreo joins the likes of Navi, Fibe and Kreditbee in profitability, reports positive cash flow over the last four months. They target variou...
Cobranding with Tata Neu, Swiggy widens HDFC Bank cards’ reachHDFC Bank has distributed a million-plus cards with Tata Group’s super app Tata Neu and around 120,000 with foodtech major Swiggy, two peop...
Unsecured loans in focus, fintechs see NBFC credit taps drying upLarge NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...
NPCI eyes big-size spends on RuPay UPI credit cardsCurrently users split bills, pay their local vendors, taxi rides and retailers through UPI, the most popular smartphone-based payments mode...
Fintech lenders may face the brunt of RBI’s tightening of capital norms for unsecured lendingGiven that fintechs have mostly focussed on disrupting unsecured personal loans, consumer durable loans, credit cards and gold loans throug...
Rich Indians a big catch for fintechs, says reportA report released by Elevation Capital shows that together the niche market and the mass market will have a revenue pool of more than $170 ...
First numberless credit card launched by Axis Bank-Fibe: Up to 3% cashback, UPI-enabled and other featuresFirst numberless credit card in India: In this new Axis Bank-Fibe co-branded credit card, there will be no card number, expiry date, or CVV...
Fintech startup Fibe launches numberless co-branded credit card with Axis BankThe card is powered by RuPay, which allows the customer to link it with the Unified Payments Interface (UPI) system.
NPCI leans on bank partnerships to push RuPay credit cardsWith UPI being allowed on RuPay credit cards, NPCI is hoping to attract more lenders as it could be a major source of attraction for consum...