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RBI grants SRO status to SRPA for payment system operators

RBI grants SRO status to SRPA for payment system operators

11 Nov 2025, 19:10 PM

The SRPA was an entity floated by industry association Payments Council of India (PCI) to qualify as an SRO under the RBI’s framework.

Fintech founders float new entity to seek RBI nod for SRO status

Fintech founders float new entity to seek RBI nod for SRO status

07 Apr 2025, 15:48 PM

Once approved, India Fintech Foundation (IFF) will be the second Fintech-SRO after Fintech Association of Consumer Empowerment (FACE).

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 19:16 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

About 3 crore loans worth Rs 36,897 crore disbursed in Q2FY25: FACE

About 3 crore loans worth Rs 36,897 crore disbursed in Q2FY25: FACE

25 Dec 2024, 00:28 AM

As of September 2024, the total assets under management (AUM) reported by 28 FACE member companies stood at Rs 51,537 crore.

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Fintech Highlights

  1. AMFI suspends Stable Money’s mutual fund distribution arm for six months

  2. Early Groww investor Friale Fund sells shares worth Rs 210 crore

  3. Peak XV Partners offloads Go Digit shares worth Rs 100 crore via block deal

  4. Raise launches 'Millions' app to target Gen Z investors

  5. Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role
  6. Read more news...

AI/Emerging Tech

  1. Titan Capital unveils programme to support India-focused AI startups

  2. Anthropic confidentially files for IPO

  3. Asana buys StackAI

  4. Anthropic overtakes OpenAI as most valuable AI startup with $65 billion funding

  5. Fundamentum's Ashish Kumar launches Rs 2,000 crore AI and deeptech fund F2A
  6. Read more news...

IPO Tales

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

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

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  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]