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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. UPI in March: Marketplaces, family clothing shops post over 20% growth

  2. KRAFTON, Naver partner with Mirae Asset to launch Rs 6,000 cr India growth tech fund

  3. General Atlantic-backed Acko cuts 5% of workforce ahead of IPO

  4. Dhan parent Raise Financial acquires algo trading platform Stratzy

  5. Visa appoints Suresh Sethi as group country manager for India, South Asia
  6. Read more news...

AI/Emerging Tech

  1. Apple names John Ternus CEO as Tim Cook becomes executive chairman

  2. Pentathlon Ventures leads seed funding in Intellithink

  3. Google rolls out Gemini's Personal Intelligence feature in India

  4. GobbleCube raises Series A funding led by Susquehanna

  5. TraqCheck raises Series A funding led by IvyCap Ventures
  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. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  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]