Tag: fintech
Perfios: IPO-bound Perfios appoints Adobe India BFSI head Sridhar Narayan as CBO
Fintech-focused software startup Perfios, which is considering an initial public offering in India by 2025, has hired former Adobe India‘s financial services head Sridhar Narayan…
fintech: Fintech is making global payments its business
Domestic payment aggregator majors such as Razorpay and Cashfree, as well as newer fintech firms like PayGlocal and Skydo, are rushing to procure a licence…
Paytm’s woes trigger fresh worries on UPI market share duopoly
The growing popularity of Unified Payments Interface (UPI) has brought focus back on a critical aspect of this payment mechanism: concentration risk and a highly…
sachin bansal: Sachin Bansal’s Navi Finserv to raise Rs 600 crore through NCDs
Flipkart cofounder Sachin Bansal’s lending startup Navi Finserv is looking to raise Rs 600 crore through non-convertible debentures (NCDs), the company said in a statement…
Cred: Cred to acquire Kuvera for an undisclosed amount marks entry into wealth management
Kunal Shah-led fintech platform Cred is set to acquire Kuvera, an online wealth management startup backed by American investment firm Fidelity for an undisclosed amount,…
Paytm bank: Startup founders write to FM, RBI Guv seeking review of Paytm action
A group of entrepreneurs has written to Reserve Bank of India (RBI) governor Shaktikanta Das and finance minister Nirmala Sitharaman, urging them to “review” and…
Jack Dorsey: Jack Dorsey’s fintech firm Block lays off nearly 1,000 employees
Jack Dorsey‘s financial services company Block is laying off close to 1,000 employees, which will affect staff in the Cash App, Afterpay and Square subsidiaries…
PB Fintech locks maiden profit for third quarter at Rs 37.2 crore
PB Fintech, the parent entity which operates insurance aggregator Policybazaar and credit marketplace Paisabazaar, has turned profitable and clocked its first ever net profit of…
US fintech Carta exits secondary market business after sales controversy
Carta Inc., a fintech firm that works with startups, is getting out of the stock sale business following a controversy over its use of customer…
startup funding: Startup story set for better script in new year after unicorns, funds fall in 2023
Funding winter and corporate governance woes separated the men from the boys in the country’s startup space in 2023 that saw funds into the segment…