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 […]
Tag: 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 […]
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 […]
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 […]
5 more banks to join digital rupee pilot in 9 more cities soon
Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the project will be extended to […]
Ujjivan Small Finance Bank launches app to ease banking access for ‘digitally challenged’
Ujjivan Small Finance Bank on Wednesday launched ‘Hello Ujjivan’, a mobile banking application with three Vs – voice, visual, and vernacular-enabled features – to provide […]
PayU’s LazyPay, Kissht blocked after IT Ministry’s order
Digital lending platforms LazyPay and Kissht were impacted by the Ministry of Electronics and Information Technology’s (MeitY) latest move banning 94 mobile apps with links […]