07 Jan 2025, 23:43 PM
MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.
06 Jan 2025, 14:19 PM
This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.
02 Jan 2025, 18:48 PM
Last year, The Head and Tale reported that NPCI was facing difficulty in implementing the 30% cap on UPI market share; and the market was going to miss the December 2024 deadline too.
02 Jan 2025, 18:14 PM
On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.
27 Dec 2024, 22:22 PM
Currently, UPI payments from/to a bank account can be carried out using the UPI application of that bank or of any third-party application provider.
24 Dec 2024, 22:48 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
14 Dec 2024, 04:43 AM
Scripbox's overall expenses was reduced by 25% to Rs 134.24 crore in FY24 from Rs 179.4 crore in FY23.
11 Dec 2024, 16:28 PM
Around 21 funds invested through the anchor placement round, including around 10 domestic funds.
11 Dec 2024, 16:20 PM
In a mix of primary and secondary transaction, Mintifi’s initial investor Lok Capital, exited as part of the secondary sale, while IFC partially sold its stake.
09 Dec 2024, 15:13 PM
Scammers are on the rise, targeting trusted names like Paytm Money, Zerodha, Groww, and Aditya Birla with fake apps designed to deceive investors.
07 Dec 2024, 01:42 AM
While the company has disclosed financials till Q1FY25, the FY25Q2 and FY25Q3 will give a clear view on the performance of MobiKwik.
02 Dec 2024, 17:47 PM
Around 15% of PhonePe’s payment gateway volume is currently being processed through Juspay.
30 Nov 2024, 18:26 PM
Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.
29 Nov 2024, 02:26 AM
In recent months, The Head and Tale has exclusively reported on other senior-level departures at PayU India, including Wibmo CEO Suresh Rajagopalan.
26 Nov 2024, 23:13 PM
The company has already secured $8.5 million (Rs 71.4 crore) with the rest to come in one or more tranches.
21 Nov 2024, 18:44 PM
If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.
21 Nov 2024, 17:08 PM
The startup plans to utilize the fresh capital for growing its lending business vertical, developing multiple new products and hiring.
21 Nov 2024, 16:41 PM
The company reported Rs 1,009 crore in revenue for FY23. However, when it filed its FY24 financials, the FY23 numbers were reflected as Rs 10.22 crore only.
18 Nov 2024, 16:18 PM
The Gurugram-based wealth-based fintech witnessed its losses grow to Rs 82.55 crore in FY24 from Rs 73.87 crore in FY23.
![A top executive at PayU steps down amid leadership changes [Exclusive]](/upload/theheadandtale.com/2024/11/1732811206_payu_lead.jpg)
