Icici Bank

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

Open, but not Transparent: Inside the Cracks at India’s 100th Unicorn

12 Jun 2025, 11:58 AM

Once celebrated for disrupting SME banking with its neobank model, Open’s journey since hitting the $1 billion mark in 2022 has been anything but smooth.

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

Scoop Confirmed! ICICI Bank exiting merchant acquiring JV

14 Dec 2024, 06:22 AM

In August, The Head and Tale was the first to report that ICICI Bank has terminated its exclusive merchant acquiring agreement with ICICI Merchant Services (IMSPL).

Exclusive: ICICI Bank

Exclusive: ICICI Bank's new merchant acquiring strategy

08 Aug 2024, 10:49 AM

In what you can call “the empire strikes back”, a senior banker sees this development signalling a new market trend of traditional financial institutions...

Fintech Highlights

  1. Insurtech platform Plum sets up health vertical

  2. EximPe gets in-principle licence to operate as cross-border payment aggregator

  3. PayU India secures Rs 302 crore investment from parent firm

  4. IPO-bound PhonePe ropes in former Meta India public policy head Shivnath Thukral

  5. Smallcase operating revenue jumps 57% to Rs 106 crore in FY25
  6. Read more highlights...

AI/Emerging Tech

  1. Oracle commits $3 billion for AI, cloud expansion in Europe

  2. Fractal Analytics raises $170 million via secondary share sale ahead of IPO

  3. LG introduces South Korea's first hybrid AI model

  4. Cognition to buy Windsurf after Google's reverse-acquihire $2.4 billion deal

  5. Meta's Zuckerberg commits hundreds of billions for AI data centers
  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