Category Added in a WPeMatico Campaign
The PA licence will allow Bengaluru-based Groww to process online payments by itself. The licence was issued in the name of the company’s subsidiary payment business Groww Pay.
Regulatory actions cripple Paytm Payments Bank’s mobile wallet business, leading to a significant decline in transactions and value. Competitors like Mobikwik, PhonePe, Amazon Pay, and Slice experience growth in their wallet businesses.
Regulatory actions cripple Paytm Payments Bank’s mobile wallet business, leading to a significant decline in transactions and value. Competitors like Mobikwik, PhonePe, Amazon Pay, and Slice experience growth in their wallet businesses.
While the fintech industry welcomed RBI’s draft guidelines on digital lending — transparency in aggregation of loan products from multiple lenders, FinTech Leaders highlighted how this move which might seem as a hurdle now will actually benefit the industry at large and further said that it will increase compliance burden for lenders. Here’s what they …
Fintech Briskpe will use the capital to strengthen its product and service offerings, build up its team, and scale its reach to enable more Indian businesses to set off on their global journey with seamless cross-border payments.
This investment in BRISKPE underscores the importance of seamless international payments as part of PayU India’s strategy and complements its existing offerings for exports and imports, PayU said on Monday.
By integrating the Online Dispute Resolution (ODR) framework, Credgenics offers a simplified digital approach for resolving financial disputes. Leveraging advanced technology and robust application of legal expertise, Credgenics has been successful in managing the resolution of $70 billion in repayments and handles 2.5 million unique disputes every month growing at 20 percent monthly.
PayU-owned Wibmo is emerging as a key offering for Naspers-backed PayU which is looking to venture deeper into business payments and enter newer markets.
Fintech attracted investor attention in the country though marked by smaller deal sizes with key transactions such as SK Finance ($160 million), and Perfios ($80 million).
ONE-Walmart-backed fintech One launches ‘buy now, pay later’ services, source says
