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India-based CRED has announced its decision to acquire mutual fund startup and stock investment platform Kuvera, as part of its expansion into wealth management.
acquisition, banking, online banking, digital banking, mobile banking, financial services, financial institutions, wealth management
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Canada-based ecommerce platform Shopify has announced that its merchants and partners turn to artificial intelligence products in order to improve key sales decisions.
artificial intelligence, payments , online payments, digital payments, mobile payments, ecommerce
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
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 fintech Innoviti Payment Solutions has received approval from the Reserve Bank of India (RBI) to operate as a payment aggregator in the country.
POS, mPOS, eftpos, payment gateway, online payments, merchants, payment methods, EMI licence
India-based Razorpay and Pine Labs have gotten approval from the Reserve Bank of India (RBI) for payment aggregator licence.
RBI, fintech, certification, regulation, payment gateway, startup
As digital currencies gain momentum, crypto-related technology, products, and perceptions continually evolve, and capture the attention of the public, all over the world.
CBDC, cryptocurrency, DLT, blockchain, banks, central bank, BNPL, merchant, NFT, DeFi
India-based startup CRED has raised USD 140 million in a new financing round, as the fintech tries to expand their customer base and broadens its offerings.
funding, credit scoring, personal finance management, startup, fintech
India-based fintech Razorpay has acquired fintech startup IZealiant Tech to further augment its banking solutions arm’s technologies for partner banks.
Razorpay, fintech, API, RBI, banking
India-based fintech startup CredAvenue has received unicorn status after raising USD 137 million in Series B financing at USD 1.3 billion valuation.
startup, fintech, lending, funding
Dreamplug Technologies, which operates fintech startup Cred, has decided to apply for an account aggregator (AA) licence from the Reserve Bank of India (RBI), according to The Economic Times.
startup, fintech, Open Banking, data aggregation, banking license
Razorpay has announced its international expansion with the acquisition of Malaysia-based fintech startup Curlec.
ecommerce, Razorpay, acquisition, omnichannel, payments infrastructure, recurring payments, startup
India-based fintech CRED has raised USD 251 million in a new financing round, its third funding in 2021, at a valuation of USD 4.01 billion.
fintech, mobile banking, startup, funding, credit scoring
Capital Float has raised USD 50 million in an equity funding round led by Lightrock India.
fintech, startup, funding, BNPL, expansion
credit card, product launch, P2P lending
investment, digital payments, central bank
India-based credit card bill payment app CRED has launched its new payment method, CRED Pay for members on select merchant platforms.
Cred, CRED Pay, Razorpay, Visa, product launch, India, Asia, mobile payments, credit cards, online payments
Cashfree, an India-based payments solutions company that helps Indian and global businesses to collect and disburse payments, has received USD 35.3 million as part of its Series B raise.
Cashfree, bank accounts, cards, UPI, wallets, payouts, India, funding, net banking, UPI, merchants, ecommerce