Account Aggregator

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 19:16 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

PhonePe plans to surrender account aggregator (NBFC-AA) licence

PhonePe plans to surrender account aggregator (NBFC-AA) licence

07 Feb 2025, 21:31 PM

The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.

KYC startup Equal raises $10 million in Series A led by Prosus, others

KYC startup Equal raises $10 million in Series A led by Prosus, others

11 Nov 2024, 17:20 PM

The funding will go towards scaling operations, forging strategic partnerships, and developing a digital framework for improving the data-sharing ecosystem in India.

Perfios FY24 net profit jumps 9x

Perfios FY24 net profit jumps 9x

11 Nov 2024, 17:02 PM

Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

  2. Google to invest additional $9 billion to expand Virginia data center network through 2026

  3. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  4. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  5. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC
  6. Read more news...

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality