Paytm

What went wrong with payment aggregator plans of Stripe, Zomato?

What went wrong with payment aggregator plans of Stripe, Zomato?

04 Jun 2024, 10:23 AM

In the past six months, the RBI has granted final PA licenses to 30 companies. Out of these, one has surrendered its license, and another has put its plans on hold.

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

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

09 May 2024, 01:51 AM

Bhavesh Gupta's departure, marked by an ego clash with Vijay Shekhar Sharma, resulted in Sharma reclaiming control of Paytm.

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

19 Feb 2024, 22:13 PM

Visa has sent out a communication to its fintech partners asking them to stop Business Payment Service Provider (BPSP) transactions.

UPI 30% volume cap to even miss December 2024 deadline

UPI 30% volume cap to even miss December 2024 deadline

19 Feb 2024, 22:03 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 Highlights

  1. UPI in August: Debt collections, digital goods games, securities brokers see sharp value drop

  2. Insurtech startup Turtlemint files IPO papers via confidential route

  3. Amazon receives RBI nod for Axio acquisition

  4. ADIA sells entire stake in MobiKwik

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