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Travel card fintech Scapia raises $40 million led by Peak XV

Travel card fintech Scapia raises $40 million led by Peak XV

04 Apr 2025, 01:39 AM

Existing investors Elevation Capital, Z47, and 3STATE Capital also participated in the round.

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, 07:09 AM

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

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, 23:46 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

07 Dec 2024, 02:52 AM

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

Fintech Hightlights

  1. MobiKwik FY25 revenue jumps but swings into losses

  2. Razorpay partners with MeitY Startup Hub to empower deep-tech startups

  3. Groww agrees to acquire Fisdom in $150 million all-cash deal

  4. Vivriti Asset Management secures $20 million commitment from OeEB

  5. Singapore’s GIC seeks CCI approval to pick 2.1% stake in Groww
  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?