06 Jan 2025, 14:19 PM
This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.
25 Dec 2024, 00:28 AM
As of September 2024, the total assets under management (AUM) reported by 28 FACE member companies stood at Rs 51,537 crore.
24 Dec 2024, 22:18 PM
Aye Finance's largest shareholder Elevation Capital (formerly SAIF Partners) is not participating in the offer for sale.
14 Dec 2024, 05:17 AM
Aye Finance has received its board approval to launch Rs 1450 crore ($174 million) initial public offering (IPO).
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.
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.
07 Dec 2024, 01:42 AM
While the company has disclosed financials till Q1FY25, the FY25Q2 and FY25Q3 will give a clear view on the performance of MobiKwik.
02 Dec 2024, 23:19 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
26 Nov 2024, 23:36 PM
Revenue from co-lending - which accounted for 54% of the operating revenue - jumped by 88% to Rs 591 crore in FY24.
14 Nov 2024, 23:18 PM
With the latest round, the Pune-based SarvaGram Solutions has raised Rs 950 crore ($113 million) in total funding till date.
23 Oct 2024, 18:06 PM
CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.
23 Oct 2024, 18:04 PM
The deal, which includes an investment of up to Rs 252 crore ($30 million), is awaiting regulatory approval.
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.
20 Sep 2024, 19:57 PM
More than a month after the RBI’s crackdown on peer-to-peer (P2P) lending, the Lendbox-MobiKwik partnership is showing cracks, with investors facing a lack of transparency.
22 Aug 2024, 17:26 PM
The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.
16 Aug 2024, 22:27 PM
After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.