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Pine Labs

Pine Labs' chief revenue officer quits: source

25 Sep 2024, 12:33 PM

Navnit Nakra – who previously served as OnePlus India CEO – joined the Noida-based payments company last year.

Paytm’s regulatory affairs and policy head quits: sources

Paytm’s regulatory affairs and policy head quits: sources

16 Sep 2024, 18:50 PM

Srinivas Yanamandra, group head of regulatory affairs and policy, was asked to resign from Paytm, according to sources.

The Payment Aggregator Paradox: License to Struggle?

The Payment Aggregator Paradox: License to Struggle?

24 Jul 2024, 07:13 AM

The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.

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.

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.

Who Reads Us

Fintech Highlights

  1. Actis sells additional stake in Pine Labs worth Rs 371 crore

  2. Skydo gets payment licence in Canada

  3. Telangana CID arrests Worldline executive in multi-crore Falcon fraud case

  4. ED raids Safexpay, Decentro, others in online investment fraud probe

  5. PhonePe says dormant wallet fee will not impact UPI, bank accounts
  6. Read more news...

AI/Emerging Tech

  1. OpenAI launches first custom AI chip 'Jalapeño' built with Broadcom

  2. JustAI secures $17 million in Series A funding led by Base10

  3. Former Infosys CEO Vishal Sikka's Hang Ten Systems raises $32 million in seed funding

  4. Sherlocks AI raises pre-seed funding led by SenseAI Ventures

  5. Mitigata raises Series B funding led by Bessemer Venture Partners
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

  2. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  3. Shiprocket IPO: A profitable core, costly emerging bets

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]