The development comes as the brokerage firm is looking to double down on its ‘fintech superapp’ play, and introduce more services, such as insurance and lending, on its platform amid competition from rival broking firms Zerodha and Groww.
The changes are part of the company’s preparation for a public listing over the next 18-24 months as well as global expansion, chief executive officer Sabyasachi Goswami told ET.
From UPI 123Pay to UPI-PayNow linkage, new developments in UPI are redefining the payment infrastructure and transforming the digital payment space. NPCI’s latest data shows a slight uptick in UPI transactions for the month of October, clocking 11.41 billion transactions.
“We will submit a law proposal on crypto-assets to the parliament as soon as possible. After that, there will be no reason for Turkey to stay in that grey list, if there are no other political considerations,” said Mehmet Simsek, Finance Minister of Turkey.
The Indian government, in line with the Digital India policy, is developing applications to enable digital payments for various government departments. In addition, the NIC is testing the digitisation of temple donations in partnership with payment major Worldline.
QI Tech, a Brazilian financial services provider to businesses, raised 1 billion reais ($200 million) in a Series B round led by General Atlantic to fund future acquisitions while preparing for a potential public offering, the company said on Tuesday. The Sao Paulo-based firm provides banking services and digital infrastructure for businesses. With the funds, …
Brazil’s QI Tech raises $200 million in General Atlantic-led round Read More »
The investor had announced the first close at Rs 30 crore in December last year, to back startups in the deeptech, climate-tech and business-to-business (B2B) segment.
Forecasts for the approval of a spot Bitcoin ETF have been increasing since the SEC declined to appeal an August court ruling that threw out its rejection of a plan by Grayscale to convert its Bitcoin trust to an ETF. Bitcoin is trading at levels that have not been seen since the crypto market meltdown …
Crypto asset funds see biggest weekly inflows since last July Read More »
With this new application launch, besides facilitating multi-mode payment, the POS device will simplify accounting, reconciliation, and Khaata. Some of the key segments the application will be pursuing are groceries, supermarkets, electronics, mobile, white goods, bakery, quick service restaurants, departmental stores, stationery and pharmacies, etc.
The Indian listed fintech wants to tap the broader omnichannel payments market opening up worldwide.
