Bnpl

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

25 Jul 2025, 12:17 PM

The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.

BNPL startup Snapmint swings to net profit in FY25: report

BNPL startup Snapmint swings to net profit in FY25: report

16 Jul 2025, 14:27 PM

Snapmint's revenue from operations increased to Rs 158.5 crore during the fiscal from Rs 88.5 crore in FY24.

Flipkart-backed Super.money acquires checkout financing platform BharatX

Flipkart-backed Super.money acquires checkout financing platform BharatX

25 Feb 2025, 17:15 PM

Through this acquisition, Super.money aims to strengthen its credit offerings, including buy now, pay later (BNPL) and consumer durable loans.

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

[Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

13 Nov 2024, 15:26 PM

A source claims LazyPay recently received a letter from the RBI flagging issues in its customer onboarding process, but the company strongly denies receiving any such communication.

Exclusive: Amazon-backed Axio closing $20 million fundraise

Exclusive: Amazon-backed Axio closing $20 million fundraise

22 Aug 2024, 17:26 PM

The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.

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