Searched for
JUPITER NBFC LICENCE
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Jupiter Money secures direct insurance broker licence, expands into insurance distributionJupiter can now distribute both life and general insurance policies through its app. The fintech platform will begin with curated offerings...
- NBFC Finodaya Capital raises $2.5 million from White Venture Capital, othersFinodaya, which received its NBFC licence from the Reserve Bank of India on April 11, plans to offer micro loans against property to small ...
- 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...
- Neobanking startup Jupiter posts 5X jump in FY24 operational revenue, trims lossThe company reported Rs 16 crore in revenue from its lending operations along with a net profit of Rs 1.3 crore. Jupiter had secured a non-...
- Neobank Jupiter's NBFC business raises Rs 20 crore from Peak XV, Matrix, othersJupiter's NBFC business, Amica Finance, raised Rs 20 crore in equity funding from Peak XV Partners, Matrix Partners, and others. The fundin...
- Neobanking startup Jupiter gets RBI nod for mobile wallet licenceNeobanking startup Jupiter, backed by Tiger Global and Peak XV Partners, secures a prepaid payments instrument licence from the RBI to offe...
- Neobanking startup Fi secures NBFC licence from RBIFi, backed by Peak XV and Temasek, obtained an NBFC licence from RBI for independent lending. Like Jupiter, Groww, and Cred, Fi now offers ...
- Wint Wealth bags NBFC licence after RBI clears Ambium acquisitionThe NBFC has already started wholesale lending operations under the brand name Wint Capital. The primary focus of Wint Capital will be lend...
- Ex-Swiggy exec Anuj Rathi joins Jupiter as chief product and marketing officerAt Jupiter, Rathi will lead product, design, growth and marketing. He will work closely with Jupiter’s founder and CEO Jitendra Gupta.
- For many fintechs, NBFC tag may be elusiveAn NBFC licence would allow fintechs to offer loans from their own books, thereby build an asset base. Without this licence, they remain co...
- One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
- Fintech startups crowd NBFC queue to enter credit laneA growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities
- Fresh twist in PhonePe-ZestMoney deal; neobank Jupiter secures NBFC licenceDigital payments major PhonePe is looking to close a commercial arrangement with ZestMoney after deal talks between the two companies fell ...
- Neobank Jupiter secures NBFC licence; will raise debt to push lending businessThe development is significant for Jupiter, which has been scaling its lending operations through partner NBFCs.
- 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...
- BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.
- RBI blocks NBFC plans of Mauritius-funded startupsThe move follows recent geopolitical developments that have spurred tighter scrutiny of Chinese capital coming into local startups via tax ...
Load More
