The funding is said to aim at supporting an increase in competitiveness of the climate finance market, support the country’s climate goals, and promote financial inclusion.
NPCI has launched a campaign to educate users about digital payment security and how to avoid scams. Actor Pankaj Tripathi is the campaign’s brand ambassador and features in six ad films.
PhonePe on Wednesday announced the launch of contributions to NPS (National Pension System) as a new savings category under Bharat Connect (earlier known as BBPS), on its platform.
Another spike in funding was witnessed for the Global FinTech sector, with USD 2.66 billion being raised in the month of October. The top 20 global FinTechs raised USD 1.81 billion in October, up from USD 1.58 billion in September, with funding staying steady since April, according to data by 1Lattice.
Taipei [Taiwan], According to the Asian Scam Report 2024 published by the Global Anti-Scam Alliance (GASA), over 40% of Asians encounter scams monthly. Hong Kong and Thailand face scams most frequently, with up to 90% of its citizens facing scams once per month or more. Identity theft, investment fraud, and online platform scams are among …
New Delhi [India], In just one year since its launch, PayGro, the innovative Pune-based fintech start-up, has gained momentum with over 75,000 users. Spearheaded by Founder Director Ashish Jain, the company is now gearing up to expand its offerings to support even more users on their financial journeys.
In October 2024, India’s fintech funding fell sharply to USD 199.4 million from just four rounds, continuing a declining trend from August’s USD 507.8 million and September’s USD 230 million, according to 1Lattice data. Although, the October 2024 funding remains almost the double compared to the previous year in the same month. This funding slump …
FinTech Funding October 2024: Total $199 mln raised by Indian FinTechs Read More »
FIDELITY-NTL-INF-Fintech firm FIS’ profit rises on strong demand for banking solutions
Once a ‘move-fast’ environment, Indian FinTechs are now adjusting to regulatory guardrails, facing some crucial questions. Why are these entities under scrutiny? Can compliance become a new competitive advantage? Can FinTechs balance rapid growth with consumer protection? Will stricter regulations boost investor confidence? Hear FinTech experts weigh in on these aspects.
Digital payments are now a common way to transact in India. This has led to a rise in online scams targeting unsuspecting users. These scams include UPI refund scams, phishing, SIM swapping, online shopping scams, digital arrest scams, and KYC scams. These scams can result in financial and personal losses. The article provides ways to …
UPI refund scam, phishing, digital arrests, and other online scams you should know about Read More »
