Liquiloans

BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

25 Feb 2025, 13:26 PM

The NBFC had reported Rs 232 crore in operating revenue in its 2023 financial statement, but its FY24 filings now show revenue of Rs 109 crore for the same period.

LiquiLoans reports 3.4x jump in FY24 revenues to Rs 696 crore

LiquiLoans reports 3.4x jump in FY24 revenues to Rs 696 crore

12 Feb 2025, 20:19 PM

In August last year, the Reserve Bank of India (RBI) tightened regulations on the peer-to-peer (P2P) lending sector, leading most platforms to halt operations.

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

Blame Game Unfolds: Mobikwik, Lendbox at odds amid P2P lending mess

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.

RBI amends P2P lending guidelines

RBI amends P2P lending guidelines

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.

Fintech Highlights

  1. Amazon receives RBI nod for Axio acquisition

  2. ADIA sells entire stake in MobiKwik

  3. InCred Money launches new scheme to invest in digital gold and silver

  4. Slice appoints former RBI executive Eugene Karthak as part-time chairman, independent director

  5. ADIO signs MoU with Ant International to strengthen Abu Dhabi's fintech ecosystem
  6. Read more news...

AI/Emerging Tech

  1. Stripe launches new blockchain company Tempo in partnership with Paradigm

  2. OpenAI to launch AI-powered hiring platform

  3. OpenAI to acquire product testing startup Statsig

  4. Anthropic raises $13 billion in Series F at $183 billion post-money valuation

  5. Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality