Neobank Fi Money shuts down banking servicesThe neobanking startup, which is backed by Peak XV Partners and Alpha Wave Capital, was offering banking services in partnership with Keral...
11 Mar, 2026, 09.41 PM IST
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-...
12 Nov, 2024, 07.48 PM IST
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...
21 Jun, 2024, 10.01 PM IST
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...
13 Jun, 2024, 06.11 AM IST
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 ...
07 May, 2023, 10.13 AM IST
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.
07 May, 2023, 10.11 AM IST
Traditional banks are using neobanks to reach out to tech-savvy customers: reportAccording to the Redseer report, collaboration benefits both, giving neobanks a strong footing and traditional banks access to young custom...
27 Apr, 2022, 03.32 PM IST
Fintech focused investor QED will deploy $500 million in Indian startupsSome of the fund’s biggest bets are Nubank, Remitly, SoFi and Klarna
01 Mar, 2022, 06.00 AM IST
Niyo raises $100 million in fresh funding led by Accel, LightrockNeobanking platform Niyo will use the proceeds from the current round to launch new products in the lending as well as insurance space. It ...
24 Feb, 2022, 01.01 PM IST
Jupiter snags exclusivity rights from Tiger Global as it closes $86 mn fundingThis is only the second time in India when Tiger Global, the New York-based fund, has agreed to an exclusivity clause like this after a sim...
28 Dec, 2021, 09.16 AM IST
35 non-founders in Rs 100-crore Esop clubThe growing club also indicates that Esops have gone mainstream in India and are likely to be a bigger part of employees’ pay packets in th...
28 Dec, 2021, 07.41 AM IST
Jupiter in talks for $100-million funding, valuation may doubleThis comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm ...
02 Nov, 2021, 07.46 AM IST
Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....
07 Oct, 2021, 04.57 PM IST
Flipkart could face huge fine; Jupiter raises $45MFlipkart, Binny Bansal and Sachin Bansal, as well as Tiger Global may get fined Rs 10,000 crore. Neobank Jupiter has raised $45 million fro...
05 Aug, 2021, 08.41 PM IST
Exclusive: Neobank Jupiter raises $45 million from Brazil's Nubank, othersJitendra Gupta's Jupiter is among several Indian fintech startups—including Open, EpiFi, Razorpay and Niyo—that have entered into the nasce...
05 Aug, 2021, 02.19 PM IST
Neobank Niyo acquires personal finance startup IndexNiyo neobank plans to integrate Index’s personal finance services to NiyoX—its newly launched savings and wealth platform—to extend to its ...
10 Jun, 2021, 01.41 PM IST
Covid-19 impact: Neobanks like Jupiter, RazorpayX, Niyo, Open rework plansAs funding falls amidst a crisis in the credit business, startups see consolidation in the space.
26 Jun, 2020, 07.25 AM IST