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Found 25 results in 921 milliseconds.

The key trends shaping India's payments and lending landscape in 2024

Voice of the Industry | Online & Mobile Banking | 13 Mar 2024

Sameer Singh Jaini and Shashank Shekhar from The Digital Fifth explore India's fintech shift fuelled by digital payments, neobanking, and BaaS and uncover trends like B2B payments, cross-border innovations, and digitised lending.

fintech, payments , BaaS, lending, paytech, artificial intelligence, digitalisation, PaaS, API, machine learning, embedded payments, B2B payments, UPI

Razorpay launches an instant refund system

News | Mobile Payments | 24 Jan 2024

India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.

product launch, fintech, mobile payments, POS, refund

DMI announces the acquisition of ZestMoney

News | Payments General | 18 Jan 2024

Financial services platform DMI Group has announced the acquisition of digital customer onboarding and servicing system ZestMoney.

acquisition, digital onboarding, financial services, lending

Funding Societies raises USD 27 mln to support SMEs in SouthEast Asia

News | Online & Mobile Banking | 26 Sep 2023

Singapore-based digital finance platform Funding Societies has secured USD 27 million in debt funding to bridge the credit gap for SMEs in SouthEast Asia.

funding, lending, financing , SMEs, cash flow

Moniepoint cleared to acquire Kenyan fintech Kopo Kopo

News | Payments General | 23 Aug 2023

The competition ombudsman in Kenya has allowed Moniepoint to buy Kopo Kopo, a Kenya-based provider of payment services and credit to businesses.

acquisition, expansion, regulation, digital payments, mobile payments

Tamilnad Mercantile Bank partners with Jocata

News | Payments General | 22 Aug 2023

India-based Tamilnad Mercantile Bank (TMB) has partnered with Jocata to offer digital first lending solutions to MSMEs.

MSEs, partnership, digitalisation, SME lending

Reserve Bank of India to launch pilot project for frictionless credit

News | Payments General | 21 Aug 2023

The Reserve Bank of India (RBI) has announced the launch of a pilot project in the form of a Public Tech Platform to simplify access to credit. 

banking, online banking, online platform, digitalisation, financial institutions

Cordada partners with Thought Machine to grow SMEs fund in Latin America

News | Payments General | 07 Aug 2023

Cordada, a Latam-based private debt platform catering to lenders and fintechs that serve SMEs, has partnered with Thought Machine to close the funding gap for SMEs in Latin America.

fintech, funding, SME lending, SMEs, banking

UGRO Capital Limited announces its equity capital raise

News | Online & Mobile Banking | 12 Apr 2023

India-based fintech startup UGRO Capital Limited has announced its second equity capital raise, as subject to customary closing conditions.

funding, investment, online banking, digital banking, banks

DMI Finance secures USD 400 mln equity investment

News | Payments General | 03 Apr 2023

India-based financial services company DMI Finance has announced the closer of a USD 400 million equity investment round led by Mitsubishi UFJ Financial Group.

funding, financial inclusion, digitalisation, lending, investment, equity

RBI approves CRIF Connect to act as an account aggregator

News | Online & Mobile Banking | 29 Mar 2023

CRIF Connect, a subsidiary of credit bureau company CRIF, has received approval by the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company-Account Aggregator (NBFC-AA), according to Financial Express

data aggregation, central bank, Open Banking, financial data

MyShubhLife partners Easy Pay

News | Payments General | 13 Feb 2023

India-based digital lending and full-stack financial service platform MyShubhLife has partnered digital banking platform Easy Pay to provide a line of credit for Easy Pay merchants.

partnership, lending, SMEs, SME lending, funding, credit scoring, fintech, retail, merchants, digital payments, banking, financial services, financial inclusion

actyv.ai partners with RATNAAFIN

News | Online Payments | 04 Jan 2023

actyv.ai has partnered with RATNAAFIN, an NBFC which is a part of the Ratnamani Metals Group, to improve its embedded offerings.

partnership, embedded finance, B2B payments, BNPL, SaaS

Yes Bank partners Falcon to tap into the embedded finance market

News | Online & Mobile Banking | 03 Jan 2023

India-based Yes Bank has partnered banking-as-a-service (BaaS) startup Falcon to improve the banking experience of its customers.

BaaS, partnership, banks, embedded finance, fintech

Neem joins hands with BPC

News | Payments General | 26 Oct 2022

Neem, a Pakistan-based embedded finance platform, has joined hands with BPC to develop its embedded finance technology stack.

embedded finance, payments , partnership, ecommerce, fintech

BNPL startup BillEase raises USD 20 mln to expand loan portfolio

News | Online Payments | 13 Sep 2022

Philippine-based Buy Now, Pay Later startup BillEase has raised USD 20 million courtesy of Helicap Securities in a bid to further expand its loan portfolio.

BNPL, investment, funding, merchants

StrideOne and ZipLoan partner

News | Payments General | 05 Sep 2022

India-based StrideOne and micro, small, and medium enterprises (MSME) lender ZipLoan have partnered for deeper penetration in the MSME credit space.

financial services, partnership, fintech, digital banking, startup

DMI Finance closes USD 47 mln equity investment round

News | Payments General | 11 Jan 2022

India-based DMI Finance has closed a USD 47 million equity investment round which included new investor Sumitomo Mitsui Trust.

funding, investment, banks, BNPL, financial services

The evolution of Open Banking in India

Voice of the Industry | Online & Mobile Banking | 10 Dec 2021

Sameer Singh Jaini and Shashank Shekhar of The Digital Fifth examine the progress Open Banking has been made in India from the business and regulatory perspective 

fintech, Open Banking, regulation, API, BaaS, neobanks

RBI releases new KYC regulations impacting banks and neobanks

News | Digital Identity, Security & Online Fraud | 14 May 2021

To help ease the uncertainties faced by the Indian economy due to the second wave of COVID-19, the RBI has proposed a few changes to the existing KYC norms.

KYC, RBI, banks, neobanks, SMEs