Fintech News

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PayMate Partners with NBBL to Launch BBPS-B2B Platform to Transform Payments & Financing for Businesses in Digital India

Mumbai (Maharashtra) [India], PayMate, India’s leading digital B2B payments company, has announced its partnership with NPCI Bharat BillPay Ltd. (NBBL) to launch the innovative PayMate BBPS-B2B platform. The BBPS-B2B platform seeks to enable large-scale standardization and digitization of commercial processes related to invoicing, payments, and collections across the nation while fostering an interoperable ecosystem between …

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India to have 150 fintech unicorns with combined $500 billion valuation by 2030: report

The report, titled ‘Indian Fintech Journey from Evolution to Mega Public Listings’, released on Tuesday, forecast that the combined revenue of Indian fintech firms will surge to $260 billion by the end of this decade, up from $20 billion currently. This growth would be driven by increasing consumption, deeper market penetration and advancements in artificial …

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Payment apps open pilots to cash in on NPCI’s new UPI Circle

Unified Payments Interface (UPI), the popular retail digital payments railroad is betting big on UPI Circle, the new feature around delegated payments to push the number of active users on the platform. UPI Circle is being built to solve multiple use cases for digital payment needs for different members in a single family, perhaps with …

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Chennai based Fintech Paysharp has received final authorisation from the Reserve Bank Of India (RBI) to act as a payment aggregator (PA)

Paysharp is an existing PA, which received RBI final authorisation on 30th August 2024 Friday followed by the in-principal PA license on December 2022. Paysharp is a 5 years old startup, raised two rounds of funding sum of 23 crores, last funding round was on March 2023 with the valuation of 200 crores. Paysharp holds …

Chennai based Fintech Paysharp has received final authorisation from the Reserve Bank Of India (RBI) to act as a payment aggregator (PA) Read More »

My Mudra, “India’s First IPO”, in DSA & Fintech (Loan Aggregation)

New Delhi [India], A ground-breaking development is set to make waves in the Indian financial scene on 5th September, as My Mudra prepares to launch its initial Public Offering (IPO), marking a significant milestone in the fintech sector, This is not your typical initial public offering (IPO); rather, it’s the first in India for both …

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PayU eyes full-stack consumer payments through its LazyPay

Digital payments company PayU is looking to expand its consumer fintech offerings through LazyPay, while maintaining its core focus on merchant payments. The Naspers-owned fintech firm plans to leverage LazyPay to develop a consumer payments and credit platform. CEO Anirban Mukherjee said PayU is anticipating regulations on allowing nonbank lenders on Unified Payments Interface (UPI) …

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