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Fintech small finance bank Slice in talks to raise $300 million

Fintech small finance bank Slice in talks to raise $300 million

27 Jan 2025, 03:17 PM

The company has reportedly briefed the Reserve Bank of India about its fundraising plans.

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

21 Jan 2025, 03:47 AM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

07 Dec 2024, 02:36 AM

RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.

Slice completes merger with North East SFB

Slice completes merger with North East SFB

05 Nov 2024, 02:45 AM

The fintech startup Slice announced the merger proposal in October 2023, and it received approval from the NCLT, along with necessary regulatory approvals,

Who Reads Us

Fintech Highlights

  1. IPO-bound OfBusiness FY26 revenue falls 7% to Rs 20,645 crore

  2. Peak XV sells Go Digit shares worth Rs 139 crore via block deal

  3. Kissht Q1 FY27 revenue jumps 45% to Rs 677 crore, net profit up 59%

  4. Delhi HC orders winding up of Paytm Payments Bank, appoints official liquidator

  5. Easebuzz FY26 revenue up 10% to Rs 723 crore, net profit falls
  6. Read more news...

AI/Emerging Tech

  1. Revspot bags Series A funding co-led by Inflexor Ventures, Info Edge Ventures

  2. Aurionpro Q1 FY27 revenue up 6.3% to Rs 358 crore, net profit falls

  3. BusinessNext raises Series C funding led by ServiceNow Ventures at $700 mln valuation

  4. Fractal Q1 FY27 revenue rises 20% to Rs 913 crore, profit jumps 92%

  5. FireAI raises fresh funding from existing investor SucSEED
  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: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  2. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  3. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge

  4. Money & Machines: Pricing Razorpay; Where is Indian PE in AI?
  5. Previous editions...

PE/VC Tales

  1. Inside the fintech bets of Blume Ventures

  2. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada

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

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