Mswipe

Mswipe posts flat revenue in FY24; payments biz turns profitable

Mswipe posts flat revenue in FY24; payments biz turns profitable

02 Jan 2025, 18:14 PM

On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.

Fintech Highlights

  1. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card

  2. Stock broker Groww gets Sebi nod for $1 billion IPO

  3. PCI Security Standards Council sets up first India-South Asia regional engagement board

  4. Aye Finance net profit halves to Rs 30 crore in June quarter

  5. TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

  2. Google to invest additional $9 billion to expand Virginia data center network through 2026

  3. OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

  4. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  5. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC
  6. Read more news...

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