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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.

Fintech Highlights

  1. AU Small Finance Bank partners with Kiwi for RuPay-powered credit card

  2. PayU India becomes majority shareholder in Mindgate

  3. Cred unveils 18-karat gold invite-only credit card 'Sovereign'

  4. FinBox raises $40 million in Series B round led by WestBridge Capital

  5. Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO
  6. Read more news...

AI/Emerging Tech

  1. Groq raises $750 million led by Disruptive

  2. OpenAI updating ChatGPT to strengthen teen safety measures amid wrongful death lawsuit

  3. AI startup Hyperbound secures Series A funding led by Peak XV

  4. OpenAI ropes in xAI's former CFO as business finance officer

  5. Micro1 raises Series A funding led by VC firm founded by former X executives
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality