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

25 Jul 2025, 13:02 PM

It took less than six months for the new RBI governor Sanjay Malhotra, a former Department of Financial Services bureaucrat, to deliver...

BillDesk co-founder MN Srinivasu is new IAMAI chairman

25 Jul 2025, 12:28 PM

The Internet and Mobile Association of India (IAMAI) has elected BillDesk co-founder M. N. Srinivasu as its new chairman. He succeeds Harsh Jain, c...

Razorpay converts into public entity amidst reverse flipping back to India

25 Jul 2025, 12:28 PM

Fintech unicorn Razorpay has officially restructured into a public limited company, a key step toward its anticipated initial public offering (IPO).&nbs...

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

25 Jul 2025, 12:26 PM

For years, India’s digital payments ran through a silent but powerful middleman—third-party orchestrators like Juspay. But now, the country’s bigg...

MobiKwik reports Rs 1.26 crore fraud by ex-employee

25 Jul 2025, 12:28 PM

Fintech company MobiKwik said it has suffered a fraud of Rs 1.26 crore due to an ex-employee’s misappropriation of funds from August 2023 to September...

MobiKwik plans entry into stock broking space

25 Jul 2025, 12:28 PM

Gurugram-based payments major MobiKwik said it is entering into the stock broking segment. The company has set up a wholly-owned subsidiary Mobikwik Sec...

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

25 Jul 2025, 12:26 PM

Paytm has become the latest payment aggregator to move away from third-party platforms like Juspay, opting to handle transactions directly. This shift f...

Paytm discontinues payments processing via Juspay

25 Jul 2025, 12:28 PM

In a significant strategic move, Paytm Payments Services Limited (PPSL) has announced it will discontinue using th...

RBI invites applications for SRO in account aggregator space

25 Jul 2025, 12:28 PM

The Reserve Bank of India (RBI) has called applications for a self-regulatory organization (SRO) for the Account Aggregator (AA) ecosystem.

Lizzie Chapman quits Reliance-backed API infra company Swiffy Labs

25 Jul 2025, 12:28 PM

Lizzie Chapman, co-founder of Swiffy Labs, reportedly has stepped down from her role at the Reliance-backed financial services infrastructure startup.&n...

Stock broker Groww picks bankers for IPO at $8 billion valuation: report

25 Jul 2025, 12:28 PM

Stock-broking firm Groww, run by Billionbrains Garage Ventures, has reportedly appointed JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd for a potential...

Exclusive: Adani inks deal with BharatPe

25 Jul 2025, 12:26 PM

Adani Group has signed an agreement with fintech giant BharatPe to advance its payments ambitions, two people aware of the matter told The Head and T...

Groww’s valuation falls below $2 billion due to domicile shift back to India

25 Jul 2025, 12:28 PM

Stockbroking platform Groww -- which recently moved its domicile from the US back to India -- saw its fair market valuation being reduced to under $2 bi...

NPCI asks fintechs to stop ‘unauthorized’ use of UPI IDs

25 Jul 2025, 12:26 PM

The National Payments Corporation of India (NPCI) has sent a letter to fintechs to stop using the UPI (Unified Payment Interface) system , for any other...

Paytm receives regulator's approval to add new UPI users, after 10-month ban

25 Jul 2025, 13:02 PM

Oct 23: Almost 10 months after the Reserve Bank of India's regulatory ban, Paytm 's parent entity One97 Communications Limited has received ...

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

25 Jul 2025, 13:02 PM

“Paytm should have never done its IPO (initial public offering). It has turned out to be disastrous for the company,” a senior offic...