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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 Highlights

  1. Pine Labs to rope in Avendus executive as CFO

  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Elon Musk's xAI raises $10 billion to boost Grok platform

  2. Amazon introduces new generative AI model as it deploys 1 millionth robot

  3. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  4. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner

  5. At a Glance: AI Data Labeling companies beyond Scale AI
  6. Read more highlights...

Editor's Pick

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

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case