The consolidation trend may manifest in various forms, including mergers or acquisitions of Non-Banking Financial Companies (NBFCs) by fintech firms, aiming to leverage established licences, capital, and networks.
This is Gurugram-based MobiKwik’s second attempt towards an initial public offering (IPO) after it abandoned its listing plans on account of weak market conditions.
The inception of Bitcoin traces back to a mysterious figure known as Satoshi Nakamoto, who introduced this groundbreaking digital currency through a whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” published in 2008. Nakamoto’s vision centred on a decentralised financial system and the concepts elucidated in this document laid the foundation for a trustless, secure, …
Reflecting on 15 Years of Bitcoin: India’s Crypto Evolution and Beyond Read More »
This shows a staggering growth for UPI payments service in the country which recorded around 74 billion transactions in 2022 and 38.7 billion transactions in 2021. Further, monthly transactions on UPI have seen an over 49% jump, between January to December, last year, data from NPCI showed. Read more here:
Platforms moving towards profitability are anticipated to attract a significant share of funding. Investors are likely to favour fintech models showing rapid growth.
The total volume in DeFi is currently $6.98 billion, 9.69% of the total crypto market 24-hour volume. The volume of all stablecoins is now $63.22 billion, which is 87.8% of the total crypto market 24-hour volume. Bitcoin’s dominance is currently 51.04%, according to CoinMarketCap. BTC volume in the last 24 hours rose 17.7% to $31.6 …
Crypto Price Today: Bitcoin trades above $45,200; Solana, Avalanche shed up to 4% Read More »
Even as the Fed eyes rate cuts this year, fintechs believe they have an opportunity to transform retail bond investing with features the industry used to popularize stock trading, such as low-cost products, financial education tools, easy-to-use apps and fractionalized shares. Public and Apex are also offering fractionalized bond products, similar to the fractionalized stock …
US fintechs push into fixed-income trading as retail investor interest grows Read More »
Paytm introduces Recap 2023 on its platform, a yearly roundup that summarizes users’ expenditure trend, spent amount, received amount, and other details from their Paytm app usage in 2023. It includes total amount sent, total amount received, top money transfer contacts, favorite category, total number of payments made, and more. Paytm presents this comprehensive overview …
Paytm Recap 2023: Here’s how to check your 2023 financial journey with Paytm Read More »
Notably, the US SEC has rejected multiple applications to launch spot bitcoin ETFs in recent years citing that the crypto market is vulnerable to manipulation. However, in recent months, there have been increasing signs that regulators are prepared to approve at least a few of the proposed spot bitcoin ETFs.
In 2023 alone, Zerodha admitted to at least eight technical glitches with issues varying from those relating to login on the Kite app, display of orders and positions as well as order placements. To minimize the impact of any potential issues, he said they have made significant architectural changes over the years.
