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. FinBox raises $40 million in Series B round led by WestBridge Capital

  2. Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO

  3. MobiKwik hit by Rs 40 crore fraud involving own merchants, users

  4. RBI secures massive Mumbai land deal to house new office

  5. BeyondSquare Solutions secures $4 million in Series A funding led by Avant Global Corp
  6. Read more news...

AI/Emerging Tech

  1. OpenAI updating ChatGPT to strengthen teen safety measures amid wrongful death lawsuit

  2. AI startup Hyperbound secures Series A funding led by Peak XV

  3. OpenAI ropes in xAI's former CFO as business finance officer

  4. Micro1 raises Series A funding led by VC firm founded by former X executives

  5. OpenAI set for restructure under non-binding deal with Microsoft
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

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