California-based payments giant Stripe has announced a significant shift in its operations in India, moving to an “invite-only” model temporarily. The decision is attributed to the evolving regulatory landscape in … Read More
Fintech startup Vegapay has secured $5.5 million in a seed funding round led by Elevation Capital, with additional participation from Eximius Ventures. This latest round of investment comes after the … Read More
In a landmark development for the Indian fintech sector, BharatPe Group and PhonePe Group have successfully resolved all long-standing legal disputes concerning the use of the trademark suffix ‘Pe’. The … Read More
Rajan Bajaj, founder of fintech unicorn Slice, took home an annual salary of just Rs 12 in FY23, as revealed by a recent report from PrivateCircle Research, a private market … Read More
Merchant commerce and payments platform Pine Labs has received approval from a Singapore court to relocate its base to India. The court has sanctioned the amalgamation of Pine Labs Limited … Read More
PhonePe, a leading Indian fintech company, has partnered with LankaPay, Sri Lanka’s National Payment Network, to enable UPI (Unified Payments Interface) payments across LankaQR merchant points in Sri Lanka. This … Read More
Rupeek, the online gold loan platform, has successfully raised Rs 50 crore from 360 One Large Value Fund (formerly IIFL Wealth Management), despite experiencing a significant 60% drop in valuation … Read More
BEYOBO, a burgeoning B2B cross-border e-commerce startup, has successfully raised Rs 6.7 crore in pre-Series A2 funding. The funding round, which was oversubscribed by an impressive 300%, was spearheaded by … Read More
Shares of One 97 Communications Ltd (Paytm) took center stage this Monday morning following the announcement of the resignation of Bhavesh Gupta, the President and Chief Operating Officer (COO) of … Read More
Groww Pay, the UPI payments division of the popular stock brokering platform Groww, has been granted a payment aggregator (PA) license by the Reserve Bank of India (RBI). This milestone, … Read More
