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Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

20 Sep 2024, 19:57 PM

More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.

Exclusive: ICICI Bank's new merchant acquiring strategy

Exclusive: ICICI Bank's new merchant acquiring strategy

08 Aug 2024, 10:49 AM

In what you can call “the empire strikes back”, a senior banker sees this development signalling a new market trend of traditional financial institutions...

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.

What went wrong with payment aggregator plans of Stripe, Zomato?

What went wrong with payment aggregator plans of Stripe, Zomato?

04 Jun 2024, 10:23 AM

In the past six months, the RBI has granted final PA licenses to 30 companies. Out of these, one has surrendered its license, and another has put its plans on hold.

Inside Paytm: The power struggle between Vijay Shekhar Sharma and Bhavesh Gupta

Inside Paytm: The power struggle between Vijay Shekhar Sharma and Bhavesh Gupta

09 May 2024, 01:51 AM

Bhavesh Gupta's departure, marked by an ego clash with Vijay Shekhar Sharma, resulted in Sharma reclaiming control of Paytm.

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Fintech Highlights

  1. Altum Credo raising additional Rs 100 crore in extended Series C funding

  2. Paytm Money to rope in HDFC Securities executive as CEO: report

  3. Flipkart-owned Super.money entering stock broking space

  4. Jupiter Money gets IRDAI approval to enter insurance distribution space

  5. Phi Commerce raises $6 million part of Series B round

  6. Read more news...

AI/Emerging Tech

  1. Perplexity ties up with Bharti Airtel to provide 12-month free Pro subscription

  2. Meta ropes in two senior Apple AI researchers

  3. OpenAI launches proactively thinking and acting ChatGPT agent

  4. IBM opens Agentic AI Innovation Center in India

  5. Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search

  6. Read more news...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

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

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