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Indian startup Mintoak has announced its strategy to bring Digiledge to customers in India, an acquisition that was completed at a total of USD 3.5 million.
acquisition, cryptocurrency, crypto, crypto asset
Zeta has raised USD 50 million in a strategic investment round, bringing its valuation to USD 2 billion.
funding, fintech, expansion, investment, Unicorn
Fintech platform CRED has announced the launch of a new beta version of its eINR Wallet in partnership with the Reserve Bank of India.
product launch, partnership, digital wallet, payments
HDFC Bank has introduced new features for the Unified Payments Interface (UPI) and Central Bank Digital Currency (CBDC), developed in collaboration with various fintech partners.
cryptocurrency, product upgrade, CBDC, UPI
Banking technology provider Zeta has announced its partnership with HDFC Bank in order to provide its Credit Line on OPI (CLOU) offering to customers.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions
UPI transactions have seen a marginal dip in June, with PhonePe and Google Pay seeing a decline, and Paytm recording flat development.
payments , online payments, mobile payments, digital payments, ecommerce
India-based digital payments app Paytm has introduced its UPI Lite wallet for small-value transactions without the need of a PIN.
digital wallet, UPI, mobile payments, QR code, product launch
Canada-based Teachers’ Venture Growth has invested USD 80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to financial institutions.
startup, investment, fintech, risk management, fraud detection
The National Payments Corp of India (NPCI) has planned to authorise a third-party application provider (TPAP) licence for Paytm, an India-based digital payments app.
banking license, online banking, banks, mobile banking, digital banking
India’s Unified Payments Interface (UPI) has integrated with PayNow to allow the India diaspora in Singapore to send remittances to recipients in India.
remittance, transactions , partnership, cross-border payments
Emirates Islamic has announced the launch of its online fund transfer service QuickRemit for customers and clients in the region of the UK.
product launch, expansion, mobile payments, online payments, digital payments, money transfer, ecommerce
India-based fintech company PayCraft has partnered with NSDL Payments Bank and NPCI to launch a transit card called One Nation Corporate Card.
partnership, carding, card payment, public transportation, corporate card
China-based UnionPay International has partnered with Singapore-based ecommerce platform Lazada to support international online transactions.
partnership, online payments, ecommerce, expansion
India-based CRED has partnered with Shopify to diversify payment options for merchants operating on the Shopify platform.
partnership, ecommerce, payments , payment methods
Netherlands-based Backbase has partnered with SavvyMoney to enable community banks and credit unions to provide access to real-time credit scores from their banking application.
financial institutions, digital banking, credit scoring, banking
Mastercard has announced the launch of Mastercard Strive India, aiming to enable small businesses in the country to succeed within the digital economy by 2025.
fintech, digital payments, digitalisation, SMEs, financial inclusion
India Central Bank has proposed new AI-powered instant conversational payments in order to improve the overall digitalisation process in the region.
product launch, artificial intelligence, machine learning, payments , UPI, online payments, digital payments, mobile payments
India-based CRED has partnered with the NPCI to introduce RuPay credit card UPI payments and make transactions more convenient for its members.
partnership, mobile payments, payments , product upgrade
India-based food delivery startup Swiggy has offered its customers a credit card as the company increases effort to drive engagement and retention.
credit card, product launch, loyalty programme, cashback, delivery
Vietnam-based Orient Commercial Joint Stock Bank has announced its partnership with Backbase in order to improve its banking modernisation development.
partnership, banking, online banking, digital banking, mobile banking, financial institutions, financial services