In a LinkedIn post, cofounder Sujith Narayanan said the company's senior leadership went through a period of "honest reflection" to mobilis...

Founders of fintech startups such as Jupiter, Fi, and Lendingkart have formed a new umbrella organisation aiming to secure a fintech-SRO li...

Fi, backed by Peak XV and Temasek, obtained an NBFC licence from RBI for independent lending. Like Jupiter, Groww, and Cred, Fi now offers ...

Delaware and Bengaluru-based startup Zolve provides bank accounts and credit cards to Indians looking to settle in the US.

Internally, the Fi is experimenting with a new user onboarding flow called Fi Lite, where customers are not mandated to open a digital bank...

The layoffs have been undertaken to increase its cash runway from almost one and a half years currently to two years and are expected to im...

Neobank partnerships driving hyper-personalised financial products, AI-driven efficiency in digital lending services and wealth tech for ev...

According to the company, it will be using the funds to beef up its US team across functions of compliance, regulation and marketing; launc...

Fi will offer around 600 index funds and increase the number going forward, the company said at a virtual press conference on Thursday

Taxman could impose an additional 20% tax on such transactions and income.

According to the Redseer report, collaboration benefits both, giving neobanks a strong footing and traditional banks access to young custom...

Even though these fintech players use the popular suffix, bank, it does not mean they are anywhere close to being a bank in regulatory term...

This 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...

This comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm ...

The latest funding comes after an intermediate capital infusion of about $12 million from existing investors, taking the total to $62 milli...

Neobanks are virtual banks that work online and do not have physical branches

Funding tap is open for a host of ventures Sequoia Capital, Ribbit Capital, others pitch in.