Starting next year, fintech firms can only charge a maximum of 0.3% interest per day for a loan intended for consumption which will fall to...

Incorporated in 2008, DMI is registered as a non-banking finance company (NBFC) with the Reserve Bank of India (RBI). While it was mainly e...

All kinds of bank and nonbank lenders are heaping credit on household balance sheets even though the consumer economy is fragile: A tiny mi...

The fundraising shows that some startups are still finding capital even as the venture industry grapples with rising interest rates, elevat...

The Pune-based company is expected to enter Indonesia, Vietnam and the Philippines by March next year and have an international presence ac...

FinBox plans to use the capital to scale up offerings and expand to the Southeast Asia market.

Banned apps simply move to third-party platforms such as Aptoide, he said, or advertise through text messages. Consumers sometimes take out...

The "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshil Mathur, the chief executive and ...

India topped the global market in the number of finance app installs

Razorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. The company is also in the process...

Traveloka, which says it has 40 million active monthly users, is developing "buy now, pay later" services for Thailand and Vietnam markets.

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...

According to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commerci...

Leading angels including Bhupinder Singh from InCred and Kunal Shah from Cred among others also participated in the funding round.

The advisory, issued by the external affairs ministry on April 27, said the nationwide emergency and night-time curfews in place will affec...

While India’s rapidly growing fintech sector appears greener to the Chinese companies because of a regulatory clampdown back home, domestic...

A couple of years ago, standalone and easy-to-operate wallets such as Paytm, Freecharge, Citrus, and MobiKwik shook up banks by offering hu...