Digital Payments

Razorpay extends ESOPs worth Rs 1 lakh to all employees

Razorpay extends ESOPs worth Rs 1 lakh to all employees

25 Dec 2024, 00:05 AM

The company, which marks its 10th anniversary, announced its first ESOP buyback in 2018, followed by a $75 million ESOP buyback in 2022.

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

MSME lender Aye Finance files DRHP for Rs 1450 crore IPO

24 Dec 2024, 22:18 PM

Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.

Exclusive: Adani inks deal with BharatPe

Exclusive: Adani inks deal with BharatPe

13 Dec 2024, 18:15 PM

BharatPe and Adani Group will deploy co-branded UPI QRs across all merchant outlets at Adani-owned Indian airports.

Digital lender CASHe reports 95% dip in FY24 profit

Digital lender CASHe reports 95% dip in FY24 profit

11 Dec 2024, 15:52 PM

CASHe’s total expenses increased by 22.4% to Rs 665.8 crore FY24, up from Rs 544.1 crore in FY23.

Razorpay partners MHA to boost cyber security around digital payments

Razorpay partners MHA to boost cyber security around digital payments

02 Dec 2024, 20:31 PM

Recent data from the National Cybercrime Reporting Portal reveals a sharp increase in digital fraud incidents across India, with over 7,000 complaints reported daily...

After Flipkart, Binny Bansal steps down from PhonePe board

After Flipkart, Binny Bansal steps down from PhonePe board

30 Nov 2024, 18:26 PM

Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.

Innoviti ropes in Nish Kotecha to its advisory board

Innoviti ropes in Nish Kotecha to its advisory board

21 Nov 2024, 17:46 PM

Nish Kotecha will guide the digital payments company in its IPO planned in the next 12 months.

BharatPe rebrands 12%Club as Invest BharatPe

BharatPe rebrands 12%Club as Invest BharatPe

05 Nov 2024, 02:13 AM

The new investment app hosts two offerings – digital gold and fixed deposits.

Go Digit posts 3x jump in Q2 net profit

Go Digit posts 3x jump in Q2 net profit

05 Nov 2024, 02:09 AM

The insurer's profit after tax jumped 221.4% to Rs 89 crore from Rs 28 crore in Q2 FY24.

RBI bars fintech lenders Navi, DMI Finance, and others from issuing new loans

RBI bars fintech lenders Navi, DMI Finance, and others from issuing new loans

18 Oct 2024, 00:50 AM

This action, according to the RBI, is based on material supervisory concerns observed in the Pricing Policy of these companies.

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.

Fintech Hightlights

  1. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  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?