Credit On Upi

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

19 Mar 2025, 02:39 AM

To capture the credit card market share, the UPI developer is mimicking its debit card strategy—with a slight twist.

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 lifts ban on Kotak Mahindra Bank nearly after 10 months

RBI lifts ban on Kotak Mahindra Bank nearly after 10 months

13 Feb 2025, 19:16 PM

In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.

OneCard posts 163% jump in FY24 revenues

OneCard posts 163% jump in FY24 revenues

06 Dec 2024, 22:22 PM

The company posted a net loss of Rs 401.15 crore in FY24, compared to Rs 405.66 crore in the previous fiscal year

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

06 Dec 2024, 22:06 PM

RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.

Former PayU exec’s startup raises $25.5 million in seed round

Former PayU exec’s startup raises $25.5 million in seed round

04 Nov 2024, 22:04 PM

The company plans to use the funds to enhance product innovation and broaden its offerings, particularly in global investment tools, AI-driven university counseling, and cross-border payment solutions.

PayU lays off close to 100 employees from credit team: sources

PayU lays off close to 100 employees from credit team: sources

27 Sep 2024, 09:09 AM

Of the total employees asked to leave, 30 were from its Gurugram office and the remaining from its Mumbai and Bengaluru teams.

Fintech Hightlights

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

  2. MobiKwik reports Rs 1.26 crore fraud by ex-employee

  3. smallcase raises $50 million led by Elev8 Venture Partners

  4. Fintech infra firm OneStack raises $2 million in Series A

  5. Fintech NBFCs sanctioned 8.3 crore loans worth Rs 81,365 crore between Apr-Dec 2024
  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?