Navi

Sachin Bansal

Sachin Bansal's Navi overtakes Cred as fourth largest UPI player

18 Nov 2024, 20:28 PM

Flipkart Group’s UPI app super.money also witnessed surge in its number of transactions in October to 50 million.

Navi closes $24.5 million personal loan securitization deal

Navi closes $24.5 million personal loan securitization deal

23 Oct 2024, 14:21 PM

Goldman Sachs is the seventh multinational bank to lend to Navi Finserv.

Navi achieves 5th spot in UPI app ranking in September

Navi achieves 5th spot in UPI app ranking in September

23 Oct 2024, 14:18 PM

PhonePe controls 48% market share in terms of volume of transactions; Google Pay (37.4%) and Paytm (7%).

Fintech highlights of the day

Fintech highlights of the day

21 Oct 2024, 12:58 PM

Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.

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

17 Oct 2024, 21:20 PM

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

UPI 30% volume cap to even miss December 2024 deadline

UPI 30% volume cap to even miss December 2024 deadline

19 Feb 2024, 17:33 PM

In April 2024, PhonePe held 48.3% market share in terms of the total UPI volume processed; while Google Pay captured 37.4% share.

Fintech Hightlights

  1. Groww’s valuation falls below $2 billion due to domicile shift back to India

  2. SoftBank-funded OfBusiness hires top bankers for IPO in 2025

  3. Innoviti ropes in Nish Kotecha to its advisory board

  4. BusinessNext introduces AI agent platform for BFSI sector

  5. SME-focussed fintech CredFlow raises $3.7 million led by existing investors
  6. Read more highlights...

Editor's Pick

  1. [Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

  2. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

  3. Inside Paytm: The power struggle between Vijay Shekhar Sharma and Bhavesh Gupta