The Head and Tale Impact: Strata surrenders SM-REIT licence; SEBI warns investors

The Head and Tale Impact: Strata surrenders SM-REIT licence; SEBI warns investors

14 May 2025, 10:17 AM

Sebi has issued a cautionary note to investors after accepting the surrender of registration by Strata SM-REIT.

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 06:57 PM

The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 02:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Madras HC grants anticipatory bail to Strata founder in email impersonation case

Madras HC grants anticipatory bail to Strata founder in email impersonation case

06 May 2025, 11:40 AM

According to the case details, Strata CEO Sudarshan Lodha was accused of creating a fake email ID to impersonate a SEBI employee to obtain confidential financial information...

Visa veteran Shailesh Paul to take over as Wibmo CEO

Visa veteran Shailesh Paul to take over as Wibmo CEO

06 May 2025, 10:51 AM

One of the sources told The Head and Tale that out the Rs 1,013 crore raised by PayU from its parent entity Prosus recently, a little over Rs 500 crore has been used to...

Poonam Gupta takes charge as RBI Deputy Governer

Poonam Gupta takes charge as RBI Deputy Governer

02 May 2025, 06:27 PM

She succeeds Michael Patra, whose term got over in January this year.

From Promise to Pause: The untold story of Mahindra’s digital finance dream

From Promise to Pause: The untold story of Mahindra’s digital finance dream

28 Apr 2025, 04:04 AM

How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.

Exclusive: BharatPe reshuffles leadership at NBFC arm Trillion Loans

Exclusive: BharatPe reshuffles leadership at NBFC arm Trillion Loans

16 Apr 2025, 02:40 PM

The Gurugram-headquartered fintech has appointed a new CEO of Trillion Loans, and moved its key personnel to the NBFC unit, effective immediately.

Exclusive: Pine Labs gets NCLT nod for reverse merger

Exclusive: Pine Labs gets NCLT nod for reverse merger

10 Apr 2025, 11:10 AM

On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 03:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

02 Apr 2025, 11:37 AM

Razorpay, Cashfree, Paytm, and PhonePe are taking control back, ditching third-party routers. But what about merchants—are they embracing the change or caught in the chaos?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?

31 Mar 2025, 01:42 PM

While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.

Telling merchants

Telling merchants 'I will not support you through a router' is absurd: Juspay co-founders

26 Mar 2025, 09:28 AM

Back in January, Juspay founder Vimal Kumar and co-founder Sheetal Lalwani spoke exclusively with us in an hour-long chat around the shifting dynamics of India's payments ecosystem.

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

19 Mar 2025, 07:09 AM

To capture the credit card market share, the UPI developer is mimicking its debit card strategy—with a slight twist.

Small businesses say GSUnite duped them with false promises; company denies claims

Small businesses say GSUnite duped them with false promises; company denies claims

12 Mar 2025, 09:33 PM

Several victims allege they paid thousands to GSUnite for fintech software that was never delivered as promised.

Whistleblower alleges corporate governance lapses at PayU

Whistleblower alleges corporate governance lapses at PayU

06 Mar 2025, 02:49 PM

Prosus, in a response, said that an independent investigation found that the allegations were not substantiated and concluded that there was no wrongdoing...

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

04 Mar 2025, 05:05 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Finance Secretary Tuhin Kanta Pandey appointed as new SEBI chief

Finance Secretary Tuhin Kanta Pandey appointed as new SEBI chief

28 Feb 2025, 03:30 PM

He will succeed Madhabi Puri Buch, whose tenure as SEBI chief ends on February 28, 2025.

BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

25 Feb 2025, 01:27 PM

The NBFC had reported Rs 232 crore in operating revenue in its 2023 financial statement, but its FY24 filings now show revenue of Rs 109 crore for the same period.

Exclusive: PayU acquiring UPI infra company for about $100 million

Exclusive: PayU acquiring UPI infra company for about $100 million

20 Mar 2025, 11:59 PM

The acquisition signals PayU's strategic move to gain a competitive edge in the rapidly expanding UPI market.

Fintech Hightlights

  1. BillDesk co-founder MN Srinivasu is new IAMAI chairman

  2. PhonePe system faced UPI payment failures due to tech glitch

  3. BillDesk reports decline in FY24 revenue, profits

  4. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  5. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?