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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.

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Fintech Highlights

  1. AU Small Finance Bank gets RBI's in-principle nod for universal bank licence

  2. Rainmatter invests in former Zerodha advisor floated company

  3. DPDzero secures $7 million in Series A led by GMO Venture Partners

  4. Zype bags Rs 90 crore in Series B funding

  5. Paytm employees see single-digit remuneration hike; headcount falls 10%

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AI/Emerging Tech

  1. Google launches personal learning companion tool in Gemini

  2. Ex-Tesla executives launch AI startup DensityAI

  3. Amazon hosts OpenAI models on AWS for first time

  4. Perplexity acquires Invisible to help scale Comet

  5. OpenAI introduces two open-weight AI reasoning models

  6. Read more news...

Editor's Pick

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

  2. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained

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