Explore the latest news, in-depth reports, and executive analysis tagged with #Digital Payments.
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
The board is scheduled to meet on September 17 to evaluate various fundraising options, including the issuance of equity shares, warrants, convertible securities, or other approved instruments.
The overall value of merchant category-wise purchases via UPI fell to Rs 8.95 lakh crore in August from Rs 9.07 lakh crore in July, even as transaction volumes rose.
PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.
The value of securities brokers and dealer transactions via the unified payments interface (UPI) jumped 21.01% month-on-month to Rs 73,752.37 crore in July from Rs 60,945.24 crore in June.
The company has appointed former Bajaj Markets executive Manish Pathania to lead the digital lending business.
The court said police can freeze bank accounts during an investigation without prior Magistrate approval, while also upholding scrutiny of Jar’s digital-gold business under criminal law.
The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
BofA and Jio Financial Services have entered into a JV deal under which the US banking major will pick up shares through a preferential issue and warrants.
Global card network Visa is looking to offer issuing and acquiring solutions to banks globally, according to a source.
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...
The surrender of the payments licenses comes even as Tata Digital says it is sharpening its focus on financial services.
The latest sale follows another transaction in June, when Peak XV divested 33.33 lakh shares of Go Digit for around Rs 100 crore.
The company recorded a 61% year-on-year increase in assets under management (AUM) to Rs 8,001 crore in Q1 FY27.
The guidance sets out procedures for identifying reportable users, determining account ownership in different cases, and addressing reporting obligations for cross-border transactions.
The company's loss ratio increased to 73.3% during the quarter from 70.3% a year ago.
The registration is valid from July 13, 2026, to July 12, 2029, allowing the company to distribute mutual fund products.
British International Investment (BII), Accel India, and Parul Alok Mittal are also participating in the funding round.
The fintech company has also elevated Dhruv Wadhera as Senior Vice President (SVP), Offline Payments.
