Fintech
- Fintech1 month ago
Protium to Buy Clix Capital: Rs 1,900-2,200 Cr Deal Likely
Protium is in advanced talks to acquire Clix Capital for Rs 1,900-2,200 crore, signaling a major consolidation in India's digital lending and NBFC sector. Explore the implications.
- Fintech1 month ago
Insurance Startup Corgi Reportedly Raises More, Hits $4B Valuation
Insurance startup Corgi reportedly raised more money, securing its third funding round in just eight weeks. The AI-driven fintech company now boasts a $4 billion valuation, sparking debate about market froth and investor interest.
- Fintech1 month ago
Stripe in Talks to Buy Buzzy AI-Model Marketplace OpenRouter
Stripe is reportedly in advanced talks to acquire OpenRouter, a buzzy AI model marketplace. This potential deal signifies Stripe's major play to embed itself in the burgeoning AI economy, influencing its infrastructure.
- Fintech1 month ago
Bank of Korea Prepares for Live CBDC Transactions with 9 Banks
The Bank of Korea progresses its CBDC initiative, entering a second phase of live retail transactions with nine commercial banks. This marks a significant step towards a digital won and reshapes South Korea's payment landscape.
- Fintech1 month ago
Stripe & Advent's $53B Bid for PayPal: Fintech Shake-Up
Stripe and Advent International launch a $53 billion takeover bid for PayPal, impacting the global fintech landscape. Explore the implications for payment processing and market competition.
- Fintech1 month ago
Kalshi Builds AI Computing Power Markets: A Game Changer
Kalshi launches a regulated marketplace for AI computing power, tackling global GPU scarcity. This initiative will democratize access and stabilize costs for AI startups in South & Southeast Asia, fostering innovation.
- Fintech1 month ago
Apple Restores Card Payments for App Store, iCloud in India
Apple has restored credit and debit card payments for its App Store and iCloud in India, complying with RBI's tokenization framework. This move follows a four-year hiatus and paves the way for Apple Pay's launch.
- Fintech1 month ago
Sachin Bansal's Navi Plans Rs 3,000 Cr IPO; SEBI Filing Soon
Sachin Bansal's Navi Technologies plans a Rs 3,000 crore IPO, aiming to file DRHP with SEBI by the March quarter. The full-stack fintech firm, founded by the Flipkart co-founder, diversifies across loans, insurance, and asset management.
- Fintech1 month ago
UK Banks Adopt Swift for Faster International Consumer Payments
Four major UK banks – Barclays, HSBC, Lloyds, and NatWest – are among the first globally to adopt Swift's new framework, aiming for faster, more transparent, and cost-effective international consumer payments. Discover how this move modernizes cross-border retail finance.
- Fintech1 month ago
Digital Lender Fibe Files Draft Papers for Rs 750 Cr IPO
Digital lender Fibe (EarlySalary) files DRHP for a Rs 750 crore IPO, signaling robust investor appetite and the growing potential of India's fintech public market expansion.
- Fintech1 month ago
Indian Fintech PayU Achieves First Operating Profit Milestone
Indian fintech firm PayU, a Prosus NV subsidiary, posts its first operating profit. This milestone signals maturation in India's competitive digital payments sector, prioritizing sustainable growth and investor expectations.
- Fintech1 month ago
Binance Tightens P2P Crypto Reporting Rules in India
Binance is tightening reporting rules for P2P crypto transactions in India, a move set to reshape the country's informal economy and digital asset trading. Understand the impact.
- Fintech1 month ago
Meta, CRED, Kunal Shah: Behind the $900 Million Deal
Unpack the buzz around Meta and CRED, founded by Kunal Shah, as speculation mounts over a potential $900 million strategic deal. Discover what drives this massive tech and fintech convergence.
- Fintech1 month ago
UPI Players Redefine Rewards: From Cash Burn to Value Play
Discover how a new generation of Indian UPI players is pivoting from direct cashback to innovative value-driven rewards. Explore their strategic shift and the maturation of digital payments.
- Fintech2 months ago
Meta in Talks to Invest in Kunal Shah’s Cred
Meta is in advanced talks to invest in Kunal Shah's Cred, an Indian fintech startup. This strategic pivot could reshape Meta's engagement with global commerce and financial services.
- Fintech2 months ago
Kraken Unit Secures $100M Private Loan From Gulf Firm
A Kraken unit has secured a $100 million private loan from a rising Gulf firm, marking a significant integration of crypto and traditional finance. Discover how this deal redefines capital strategies for digital asset companies.
- Fintech2 months ago
China's Digital Yuan: 26 Banks Join Cross-Border Payment Platform
China's digital yuan gains global traction as 26 financial institutions join its CBETS cross-border payment platform. This move expands e-CNY reach, offering 24/7 digital settlement.
- Fintech2 months ago
PayPal Winds Down Venture Arm Amid Major Fintech Restructuring
PayPal is winding down its decade-old venture capital arm, signaling a major restructuring for the fintech giant. Discover what this means for startups, users, and the future of online payments.
- Fintech2 months ago
Razorpay Files Confidential IPO Papers, Aims for $600 Mn Raise
Fintech giant Razorpay confidentially files for its IPO, aiming to raise $500-$600 Mn. Learn about the Peak XV-backed unicorn's valuation, bankers, funding trajectory, and strategic moves ahead of its public debut.
