Artificial Intelligence

Perfios acquires debt collections platform CreditNirvana

Perfios acquires debt collections platform CreditNirvana

12 Mar 2025, 14:16 PM

The platform claims that it manages a collection portfolio exceeding $9 billion, handles over 42 million loan accounts, and supports nine types of loan portfolios.

RBI sets up committee for ethical adoption of AI in financial sector

RBI sets up committee for ethical adoption of AI in financial sector

27 Dec 2024, 18:11 PM

The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.

BusinessNext introduces AI agent platform for BFSI sector

BusinessNext introduces AI agent platform for BFSI sector

21 Nov 2024, 12:59 PM

The company is in talks with one of India's large public sector banks for the deployment of its new platform.

Febi.ai raises $2 million in pre-Series A funding

Febi.ai raises $2 million in pre-Series A funding

23 Oct 2024, 14:26 PM

The new funding will be used to enhance AI capabilities, expand customer acquisition, and grow the workforce.

Fintech Hightlights

  1. Travel card fintech Scapia raises $40 million led by Peak XV

  2. Beams Fintech Fund participates in Infinity Fincorp’s $40 millon Series A round

  3. BlackSoil-Caspian Debt merger gets the RBI approval

  4. Plaksha University launches Binny Bansal Institute for Inventing the Future

  5. Groww gets CCI approval to issue bonus shares to Peak XV, Tiger Global, others
  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?