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Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- 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...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: ReportVenture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This e...
- One MobiKwik Systems shares soar 20% in two sessions. What’s triggering the sharp surge?MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...
- MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
- India’s banking system turns sluggish amid loan recovery delays and legal hurdles: CII reportIndia's banking sector needs urgent reforms. The Confederation of Indian Industry's report highlights slow loan recovery and complex laws. ...
- 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...
- MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
- Decoding Mobikwik’s IPO frenzy despite business challengesWhile the structure and timing of the IPO seem to have been in favour of the Gurugram-based fintech startup, its business outlook continues...
- UPI boosts RuPay market share; cost pressure for gaming firmsHappy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and ...
- Ugro Capital raises Rs 1,322 crore, acquires fintech lender MyShubhLife for Rs 45 croreThe deal with MSL enables Ugro Capital to enter the tech-enabled embedded finance market. The non-bank lender will initially pay Rs 28 cror...
- How fintechs got their fingers in every pie; and other top tech, startup stories this weekOn Wednesday, ET wrote about how fintechs were adding more than 42% of the new investors in mutual funds every month. And this is not uniqu...
- India ahead of global fintech in having more women leaders, says Lizzie ChapmanBNPL will be big with more m-cap created in India than anywhere else, says ETSA winner
- Payments banks have an opportunity in the millions of unbanked, but are these viable?The model of the payments bank might turn out to be one that wallets specialise in: a high-volume, low-margin game.
- Bank licences on tap but hardly anyone to tap113 scrambled to get a licence in 2015. After two years shows: 21 got the licence, three have dropped out of the race and nearly a dozen ar...
- Alternative lenders power into loans overlooked by BanksIndia's alternative lending market is rapidly expanding, with a rush of startups facilitating loans to small businesses and individuals as ...
- Euphoria over, payment banks try to tackle tough questions over limited scope, stiff competitionEven before launch, payments banks are facing tough questions due to their limited scope and strict competition from other intermediaries.
- Short-term lending to help MobiKwik weave in wealth management and small investmentsMobiKwik competes with the likes of Paytm in this space which has already got a licence for a bank and plans to launch it by August this ye...
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