Searched for
FINTECH NBFC LICENSE
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...- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Mobikwik gets central bank nod for non-banking financial company licenceFintech firm One MobiKwik Systems has secured approval from the Reserve Bank of India for a non-banking financial company (NBFC) license. T...
- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to ...
- Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
- Securis Finance bags NBFC licence from RBISecuris Finance, a fully owned subsidiary of FirstPay Technologies, plans to disburse Rs 100 crore in education loans in its first year in ...
- Supply chain finance startup Vayana bags NBFC licence, set to raise $20 millionVayana secured an NBFC licence from RBI, enabling co-lending partnerships. Backed by PayU, it seeks $20 million funding. Founded in 2017, V...
- Sahamati plans interoperability for small aggregators for a level playing fieldWith interoperability, Sahamati aims to address the issue of each AA needing to integrate with every bank in order to establish an operatio...
- Revenue-based financing startup GetVantage secures NBFC licence from RBINBFC arm GetGrowth Capital will run the lending operations for GetVantage and dole out financing to small and medium enterprises and new ec...
- Focus on governance, business conduct, data protection: RBI governor to fintechsAt a meeting with fintech firms, RBI governor Shaktikanta Das reiterated that the central bank would continue to adopt a 'participative and...
- MobiKwik launches investment product Xtra, scales AUM to over Rs 100 croreThe product, which has been tested over the past month, allows users to invest as little as Rs 1,000 and looks to provide interest of up to...
- RBI rules may force fintech firms to leverage NBFC operationsThis is a shift for the digital lending industry, which has largely focused on growing the lending-distribution platform to show scale and ...
- Fintechs to seek clarity on RBI lending rulesThe RBI has, in the digital lending rules, addressed malpractices by illegal Chinese apps, putting a lid on measures such as data scraping ...
- Fintech companies, NBFCs funded by Chinese money generated Rs 950-cr slush funds in India: EDThe Enforcement Directorate (ED), therefore, recently attached Rs 86.65 crore worth funds lying in a total of 155 bank and payment gateway ...
- RBI decision to allow NBFCs apply for Aadhaar-e-KYC Authentication Licence to promote digitisationRBI's initiative will help in improving trust levels among customers because only licensed entities will be permitted to conduct eKYC, said...
- Mswipe appoints Cashe’s Ketan Patel as CEO, to apply for NBFC licenceMswipe will apply to the Reserve Bank of India (RBI) for an NBFC licence in 2021-22, with plans to convert it into an small finance bank la...
- Google removes 30 loan apps from Play store after RBI red flagNaspers-backed PayU’s credit platform LazyPay, as well Cashguru, 10MinuteLoan, Rupeeclick and Finance Buddha, are among the 30 online lendi...
- BharatPe gets $75 million from Coatue, RibbitBharatPe said one reason for the latest fundraising was to invest around $70 million in equity capital in its NBFC arm Resilient Capital, a...
- True Balance raises $23 million from a cohort of Korean investorsThe company to use the proceeds to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geog...
- Fintech startups look for total makeover with lending licenceSome of the fintechs have either secured or applied for a NBFC licence from the Reserve Bank, moving away from the initial plan of pure-pla...
Load More
