Introduction Non-Banking Financial Companies (NBFCs) are also known as shadow banks. There are more than 9,500 NBFCs registered with Reserve Bank of India (RBI). The […]
Category: Fintech
Airtel to provide WhatsApp services to India Post Payments Bank users
Bharti Airtel will provide WhatsApp communication services for India Post Payments Bank (IPPB) customers, allowing them access to banking services on their mobile phone, the […]
India’s e-rupee unpopular as central banks push digital currency
Just outside the Reserve Bank of India’s Monetary Museum – which charts the evolution of money, from barter to electronic transactions – Bachche Lal Sahani […]
OpenText Buys Micro Focus
OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced that it has closed the previously announced acquisition (the “Acquisition”) of Micro Focus International plc (“Micro Focus”), a leading […]
SUCCESSFUL CONCLUSION OF 14TH NBFC & FINTECH CONCLAVE & AWARDS 2023 WHERE CHIEF GUEST RAMESH IYER DELIVERED INAUGURAL ADDRESS
B2B Infomedia: NBFCs are going through lots of churning these days to remain buoyant in the ongoing economic turmoil. As per the experts economic recession […]
Personal loans account for 96% of all fintech lendings, mostly below Rs 5,000: Report
Despite facing regulatory challenges, fintech lenders continue to expand the credit penetration with loan disbursements growing more than 60% in one year. A report released […]
Decentro sets up operations in Singapore, appoints Wingpay’s Saksham Shubham as business head for SE Asia
India-based banking-as-a-service platform Decentro has set its foot in the Asia Pacific region with the commencement of its Singapore operations. The company is applying for […]
In a first for India, Paytm Payments Bank launches UPI LITE feature
Paytm Payments Bank Limited (PPBL) on Wednesday went live with its UPI LITE, a feature enabled by National Payments Corporation of India for multiple small-value […]
Goldman Sachs leads India fintech funding while deals dry up
Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually large investment round that will […]
Digital lending to pip traditional lending in unsecured loans segment by 2030: Report
Fintechs will fuel digital lending over the next seven years, and take it ahead of traditional lending by 2030 in the unsecured loans category, a […]