Articles with tag: nbfc

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Amazon, Flipkart expand credit products offering for festive sales

13 Oct 2020 | Ecommerce

Flipkart and Amazon have announced a new offering of fintech and credit products to make buying more affordable, even in Tier 2 cities, in the upcoming festive sales.

Flipkart, Amazon, fintech, India, Tier 2 cities, debit card EMIs, NBFCs, BNPL, Smart Upgrade, buy-back, Paytm, credit, ecommerce

Fintech Wiserfunding enters Indian market

05 Aug 2020 | Online & Mobile Banking

UK-based fintech Wiserfunding has entered India market by launching an AI-backed credit risk assessment tool for SMEs.

UK, Wiserfunding, India, SMEs, fintech, AI, artificial intelligence, credit risk, technology, Europe, partnership, banks, non-banking financial companies, NBFCs

Kaleidofin launches KaleidoPay

25 Jun 2020 | Online Payments

Kaleidofin, a neobank, has launched a suite of payment solutions called KaleidoPay, which allows customers of NBFC to make digital payments.

Kaleidofin, KaleidoPay, digital payments, payments, digital, MFI, neobank, NBFC, EMIs, machine learning, loans, Bharat Bill Pay

Paytm extends its Postpaid feature to kirana stores

09 Jun 2020 | Ecommerce

Paytm has announced extending its Postpaid feature to kirana stores and other offline retail outlets to enable consumers buy groceries and make various bill payments.

Paytm, India, Postpaid, kirana stores, contactless transactions, Reliance Fresh, Haldiram, Apollo Pharmacy, online payments, Domino's, Tata Sky, Pepperfry, Spencer's, HungerBox, Patanjali, digital credit, Lite, Delite, Elite, KYC, NBFC, Paytm Postpaid Passbook

5paisa.com expands with peer-to-peer lending platform

18 May 2020 | Payments General

India-based fintech 5paisa.com has launched its peer-to-peer lending platform, where one can lend from EUR 6 to EUR 61 million to multiple borrowers.

5paisa.com, peer-to-peer, NBFC, Reserve Bank of India, India, loans

Cashfree introduces payment solution for Indian lenders

12 Mar 2020 | Payments General

Indian loan automation company Cashfree has introduced a suite of payment solutions for Lenders and NBFCs to foster India’s lending ecosystem.

Cashfree, India, NBFC, payment solution, payments, B2B payments, payout, bank account verification, collecion solution, Asia, APAC

RBI agrees with video-based customer identification

10 Jan 2020 | Digital Identity, Security & Online Fraud

IBS Intelligence has reported that Indian banks, fintechs, NBFCs, and other financial services companies will soon switch to video calls to expedite their customer onboarding process.

India, RBI, video-identification, customer identification, banks, fintechs, NBFC, financial service, onboarding, banking, KYC

NBFCs receive permission to use Aadhaar-based bank KYC to give loans

27 Aug 2019 | Digital Identity, Security & Online Fraud

Non-banking financial companies have been permitted to use the Aadhaar-based bank mandated KYC to avoid repeating the process for the customers.

NBFCs, Aadhaar, banks, KYC, loans, non-banking, KYC, financial institutions, eKYC, PMLA, money laundering

Maersk-backed trade financer MODIFI finances expansion in India

16 Jul 2019 | E-invoicing, SCF & E-procurement

MODIFI, a digital lending platform offering finance to exporters to SMEs, plans to invest in the Indian market to fund its expansion plan.

Maersk, Modifi, expansion, India, Asia, APAC, Germany, Europe, digital lending platform, trade finance, SMEs, NBFC,