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.

Fintech Highlights

  1. UPI transactions hit record 19.47 billion in July

  2. Shark Tank startup Plus Gold shuts shop

  3. Software engineer held in connection with $44 million CoinDCX crypto hack

  4. PB Fintech revenue slips sequentially to Rs 1348 crore in Q1 FY26

  5. MobiKwik's Q1 FY26 revenue falls 21% yoy amid financial services slowdown
  6. Read more news...

AI/Emerging Tech

  1. Google rolls out Deep Think for Gemini app

  2. SiMa.ai raises $85 million led by Maverick Capital

  3. AI startup Anaconda raises $150 million in Series C led by Insight Partners

  4. India, China fuel Asia’s GenAI app downloads to 684 million in H1 2025

  5. Thinking Machines Lab employees rebuff Meta's offer as high as $1 billion
  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

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

  3. RBI vs Government: The battle over India’s digital payments ecosystem explained