MobiKwik has announced the acquisition of a 3.39 per cent stake in Blostem Fintech, marking a move to strengthen its position in the rapidly evolving […]
Tag: fintech news
Navi Group makes two new appointments to focus on long-term growth
Navi group has recently appointed Rajiv Naresh as the new CEO of Navi Technologies and Abhishek Dwivedi as the CEO of Navi Finserv. The appointment […]
Perfios acquires Clari5 to strengthen financial crime management
Bengaluru-based SaaS firm Perfios has acquired fraud-detection platform Clari5 (CustomerXPs) for an undisclosed amount, further strengthening its financial crime management solutions for banks, NBFCs and […]
PhonePe to exit from Account Aggregator Business, surrenders NBFC-AA Licence
PhonePe Group has announced its decision to exit the Account Aggregator (AA) business and surrender its NBFC-AA licence to the Reserve Bank of India (RBI). […]
RBI approves Tata Communications’ exit from ATM business with Rs 330 crore sale to Findi’s TSI
The Reserve Bank of India (RBI) has granted approval for Tata Communications to divest its entire stake in Tata Communications Payment Solutions to Transaction Solutions […]
RBI raises UPI Lite wallet limit to Rs 5,000 and boosts per-transaction cap to Rs 1,000
The Reserve Bank of India (RBI) has increased the UPI Lite wallet limit to Rs 5,000 and the per-transaction cap to Rs 1,000, aiming to […]
Airtel payments bank appoints Amar Kumar Kakarlapudi as Chief Compliance Officer (COO)
Airtel Payments Bank has appointed Amar Kumar Kakarlapudi as its new Chief Compliance Officer (COO), where he will be responsible for strengthening the bank’s compliance […]
PhonePe introduces pre-approved term life insurance with no income proof requirement
PhonePe has unveiled a ‘pre-approved term life insurance’ feature on its platform, designed to make insurance coverage more accessible and affordable for millions of users. […]
M2P Fintech collaborates with Bureau to enhance cyber security in digital transaction
M2P Fintech, to enhance its digital safety, has partnered with fraud and identity management platform Bureau that will strengthen fraud prevention measures while doing digital […]
Balancehero India appoints Jayesh Jain as Group CFO
Balancehero India has appointed Jayesh Jain as its Group Chief Financial Officer (CFO). In his new role, Jain will be responsible for enhancing the company’s […]