PayNearby has introduced a dual-authentication-based solution to digitise cash withdrawals and deposits for Self-Help Groups (SHGs) across its PayNearby and Digital Naari platforms. The initiative […]
Author: The Banker Media
CredAble partners with Citi to digitise trade finance
CredAble has announced a strategic technology partnership with Citi to digitise trade finance controls and strengthen post-disbursement invoice validation across global markets. The collaboration reflects […]
Avanse Financial raises Rs 1,200 crore through rights issue
Avanse Financial Services has raised Rs 1,200 crore through a rights issue, with strong participation from existing shareholders Warburg Pincus, Kedaara Capital, and Mubadala Investment […]
Federal Bank rebrands itself to reflect modern and digital-first vision
Federal Bank has unveiled The Fortuna Wave, its refreshed brand identity, marking the bank’s evolution towards a more contemporary and future-ready presence. The launch took […]
Tamilnad Mercantile Bank partners TechFini to strengthen UPI infrastructure
Tamilnad Mercantile Bank (TMB) has partnered with TechFini, a UPI infrastructure and FinTech solutions provider, to strengthen its UPI acquiring and issuing capabilities across India. […]
NPCI expands digital infrastructure beyond payments
The National Payments Corporation of India (NPCI) is strengthening its institutional framework as it prepares to play a larger role in building the next phase […]
Knight Fintech raises $23.6 million in Accel-led series A funding
Knight Fintech has raised $23.6 million in a Series A funding round led by Accel, with participation from IIFL and Rocket Capital. The round also […]
Mylapay secures $1 million to advance next-generation payment infrastructure
Mylapay has raised $1 million as part of its ongoing capital round, ahead of its planned Series A funding. The round witnessed continued participation from […]
Piramal Finance strengthens credit profile with improved rating outlook
Piramal Finance Limited has received a significant endorsement of its financial strength with CRISIL Ratings assigning a long-term rating of AA+/Stable to the company’s non-convertible […]
IFC partners with HDFC AMC to expand private credit for mid-market firms
The International Finance Corporation (IFC) has partnered with HDFC Asset Management Company (HDFC AMC) to strengthen the availability of structured private credit for India’s mid-market […]