Payment Gateway

Navi loses Rs 14 crore to payment gateway scam

Navi loses Rs 14 crore to payment gateway scam

22 Jan 2025, 12:50 PM

Scammers posed as customers and misused a bug and cheated the company of Rs 14.26 crore in 14 days in December, 2024.

PhonePe ends partnership with Juspay; plans direct integrations with merchants

PhonePe ends partnership with Juspay; plans direct integrations with merchants

02 Dec 2024, 13:17 PM

Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.

Razorpay reports 5x growth in net profit in FY24

Razorpay reports 5x growth in net profit in FY24

04 Nov 2024, 22:08 PM

The company posted profit after tax of Rs 34 crore in FY24 as compared to Rs 7 crore in FY23.

Fintech Hightlights

  1. No foreclosure charges, prepayment penalties on floating rate loans: RBI

  2. MobiKwik acquires 3.39% stake in API infra startup Blostem Fintech

  3. Paytm launches solar-powered soundbox

  4. Sachin Bansal-led Navi eyes IPO in second half of FY26

  5. InCred buys Dubai-based financial advisory firm Arrow Capital
  6. Read more highlights...

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