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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. PayU India's FY25 revenue up 24% to $669 million, but still chasing profit

  2. Kamath brothers pick minority stake in InCred Holdings

  3. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  4. Cross-border payments startup Aspora bags $53 million in Series B funding

  5. Mahaveer Finance raises Series C funding from Elevation Capital, others

  6. Read more highlights...

AI/Emerging Tech

  1. At a Glance: AI Data Labeling companies beyond Scale AI

  2. Darwix AI bags seed funding

  3. Google plans to snap ties with Scale AI after Meta's "significant" investment

  4. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  5. 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

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