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P2p

RBI allows NPCI to revise UPI limit for merchant transactions

RBI allows NPCI to revise UPI limit for merchant transactions

10 Apr 2025, 01:21 AM

P2P transactions on UPI shall continue to be capped at Rs 1 lakh.

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.

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

MobiKwik Q2 FY25: Revenue at Rs 291 crore and Rs 3.5 crore loss

07 Jan 2025, 23:43 PM

MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.

BharatPe rebrands 12%Club as Invest BharatPe

BharatPe rebrands 12%Club as Invest BharatPe

05 Nov 2024, 02:13 AM

The new investment app hosts two offerings – digital gold and fixed deposits.

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.

Who Reads Us

Fintech Highlights

  1. RBI appoints Sanjay Kumar Hansda as Executive Director

  2. OpenAI partners with NPCI, Razorpay to launch agentic payments on ChatGPT

  3. Qapita secures Series B funding led by Charles Schwab

  4. Amazon Pay India reports Rs 2,097 crore in FY25 revenues

  5. Fintech startup Niro shuts down after raising $20 million

  6. Read more news...

AI/Emerging Tech

  1. SoftBank inks definitive pact to buy ABB's robotics business for $5.37 billion

  2. OpenAI rolls out ChatGPT Go plan in 16 more countries

  3. Anthropic to open first office in India in early 2026

  4. GreyLabs AI secures Series A led by Elevation Capital

  5. Anthropic ropes in ex-Stripe CTO Rahul Patil as chief technical officer

  6. Read more news...

Money & Machines

  1. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  2. RBI brings the wild west under regulatory fold; Hello, AI friend

  3. The same fate of two digital lending posterboys; Healthcare not AI ready?

  4. Reliance's startup moment; Amazon, Flipkart's NBFC play

  5. Previous editions...

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

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