West Asia conflict fears could harden credit card underwriting, curb co-branded card growthIndian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwrit...
Scoop: Credit card startup Uni eyes fresh funds at over 70% valuation cut amid RBI curbsBengaluru-based Uniorbit Technologies, the parent company of Uni Cards, has so far raised $104 million across multiple rounds from investor...
Uni’s valuation cut; Howard Morgan on AI, venture investing, moreHappy Thursday! Fintech startup Uni is staring at a steep valuation cut as it looks to raise fresh capital amid regulatory headwinds. This ...
Travel fintech Scapia in talks with General Catalyst to raise $50-60 millionScapia is in early talks to raise $50–60 million led by US VC General Catalyst, aiming to expand its co-branded credit cards and travel boo...
Wealthtech startup PowerUp Money raises $7 million from Accel, Blume, othersThe fresh funds will be used for strengthening the research vertical, building more products to cater to consumer requirements, and scaling...
Uni Cards reports rise in FY23 revenue to Rs 34 crore, loss up 13%Uniorbit Technologies, which was impacted by the Reserve Bank of India's order to stop linking credit lines to prepaid cards in June 2022, ...
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.
India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
India's digital lending rules spark disruption, firms plan pushbackIndia's digital lending market has grown quickly and facilitated $2.2 billion in digital loans in 2021-22, with startups attracting foreign...
Fintech startup Uni temporarily stops servicing existing card usersThis comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...
SBM Bank delivers a blow to card-fintechs barring onboarding of new usersFintech unicorn Slice has hit pause on new card issuance but acquiring users via UPI and other products.
Bank-led PPI issuers onboarding only full KYC users post RBI rapIn the absence of clarity on the applicability of these rules announced earlier this month, fintechs are engaging with partner banks and no...
Fintechs to ping government, RBI on central bank noteThe industry groupings are likely to also highlight the quantum of global capital that’s been invested in the space and how such disruption...
Should You Buy Uniswap? Uniswap Price Prediction 2022
PayU's LazyPay launches credit product 'LazyCard' amid growing competition in BNPL spacePayU’s ‘buy now pay later’ (BNPL) solution, LazyPay has partnered with SBM Bank India for the prepaid instrument, as the company looks to u...
Fintech startup Uni raises $70 million led by General CatalystExisting investors Lightspeed and Accel India also participated in this round, post which the startup is now valued at $350 million. The st...
Uni gets $18.5 million from Lightspeed, Accel PartnersThe large seed round marks the latest example of a second- or third-time entrepreneur raising substantial capital while still in stealth mo...