Bnpl

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 Hightlights

  1. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  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?