Search Results for: credit cards with UPI

December 7, 2022 @ 10:51 pm By Omar Faridi  |  

What was once an innovation is today “a way of life” for millions of consumers in India. Over the last two and a half years, transactions on the UPI network have “grown by a factor of 6 as digital payments have exploded in India,” according… Read More

August 24, 2024 @ 7:46 pm By Omar Faridi  |  

PhonePe announced the launch of Credit Line on UPI on its platform. Consumers who avail credit lines from their banks “can now link these credit lines to UPI on PhonePe and seamlessly make merchant payments.” This feature enables consumers to “make purchases with ease across millions… Read More

August 7, 2024 @ 10:11 pm By Omar Faridi  |  

Setu, a Pine Labs company, in partnership with Axis Bank, launched UPISetu, India’s UPI-focused payments platform for businesses and developers. NPCI’s UPI has seen a rise in India “with Person-to-Merchant (P2M) transactions alone witnessing a phenomenal rise of 241% from 2.56 billion transactions in June… Read More

July 17, 2024 @ 9:03 pm By Omar Faridi  |  

OneCard, a Fintech company in India, is forging a new path in the Indian credit card market and tapping into the fast-growing segment of tech-savvy individuals who value both design and financial control. As noted in a blog post by Razorpay, OneCard reportedly “manage over… Read More

December 23, 2023 @ 4:12 am By Omar Faridi  |  

PhonePe announced the launch of a new ‘Credit’ section on its platform. The new section will allow users “to view their credit bureau score without any additional cost, conveniently manage their credit/ Rupay cards and repay loans and credit card bills.” The Credit bureau report also… Read More

October 13, 2023 @ 10:02 pm By Omar Faridi  |  

Axis Bank, one of the largest private sector banks in India and Fibe, (formerly known as EarlySalary), India’s Fintech, partnered in order “to launch India’s first-ever numberless credit card for tech-savvy Gen Zs.” With a numberless credit card, customers get “an added level of security… Read More

August 7, 2023 @ 9:29 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently announced the introduction of Cardholder Verification Code (CVC)-less online transactions “for its debit and credit cardholders who have tokenized their cards on merchant platforms.” The move aims to “reduce the checkout time and make virtual transactions hassle-free and more secure.” CVC… Read More

September 30, 2022 @ 3:36 pm By JD Alois  |  

Upstream has announced another reporting company trading on the blockchain-enhanced marketplace following the news that ShiftPixy (NASDAQ: PIXY) added its shares to Upstream. Jupiter Wellness  (NASDAQ:JUPW) a company that offers over-the-counter health treatments, will trade as a digital security. Jupiter is a micro-cap with a… Read More

November 30, 2021 @ 9:53 pm By Omar Faridi  |  

Slice, a Fintech platform that provides card-based products to younger Indian consumers to help them build a solid credit score, has secured $220 million in capital via a Series B round that values the business at more than $1 billion. Slice‘s investment round has been… Read More

July 12, 2021 @ 11:45 pm By Priyanka Pani  |  

Indian neo-banking startup StashFin is betting big in the credit-starved nation with its innovative ‘credit line’ cards that could disrupt the digital lending ecosystem of the country. The fintech, which raised $40 million in Series B from a clutch of global investors in April this… Read More

February 28, 2021 @ 9:51 pm By Omar Faridi  |  

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, notes that as businesses have started moving away from legacy spending methods such as ACH or paper checks, the virtual credit card has become… Read More

December 15, 2020 @ 10:34 am By Samantha Hurst  |  

    U.S. fintech Galileo announced on Tuesday it has joined forces with TomoCredit to launch a new credit card specifically for consumers lacking a credit history. The company claims the new card is considered the only credit card that does not require a credit… Read More

December 5, 2020 @ 3:00 pm By Omar Faridi  |  

Fintech company MobiKwik has acquired Rs 52 crore (appr. $7 million) in capital through an investment round led by Hindustan Media Ventures, the investment division of HT Group. The round included contributions from Infosys Co-Founder Kris Gopalakrishnan’s family office, Pratithi. The funds raised will be… Read More

November 10, 2020 @ 2:37 pm By Samantha Hurst  |  

Tymit, a UK-based mobile-enabled installment credit card, announced on Tuesday it has partnered with Modulr, a payments-as-a-service API platform, to bring real-time payments to Tymit cardholders. The service gives customers access to take control of their finances and plan the way they pay. Founded in… Read More

April 1, 2020 @ 11:24 am By Samantha Hurst  |  

CoinEx, a global and professional cryptocurrency exchange service provider, announced on Tuesday it has formed a new partnership with fiat infrastructure provider, Simplex. CoinEx reported that the partnership enables its users to purchase cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC)… Read More

February 11, 2017 @ 9:35 pm By Jessica Pham  |  

While the Western world and other parts of Asia surge forward with fintech innovations, from blockchain technology to digital banking features and services, Myanmar celebrates other banking development wins as the country continues to modernize. Earlier this week, Enterprise Innovation reported that Myanmar — formerly known… Read More

October 13, 2016 @ 4:50 am By Erin Hobey  |  

India-based mobile wallet company MobiKwik announced the launch of a UPI (Unified Payments Interface) on its platform which enables users to access online payments with added services including netbanking, wallets, and credit/debit cards. In addition, MobiKwik entered into a partnership with ICICI Bank which allows users to load money into their… Read More

November 24, 2023 @ 7:22 pm By Michael Wong  |  

Indian fintech startup Kiwi has announced raising $13 million in a Series A funding round anchored by Omidyar Network India. The round, which followed the startup’s $6 million funding, was also backed by existing investors Nexus Venture Partners and Stellaris Venture Partners. Founded in November… Read More

August 19, 2024 @ 10:30 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More

February 1, 2024 @ 10:19 am By JD Alois  |  

Paytm, the operating name of One 97 Communications Limited (PAYTM.NS), shares cratered today as the Reserve Bank of India (RBI) decided to halt deposits in its digital wallet and accounts. Paytm describes itself as India’s most loved payments app. The company also operates Paytm Payments… Read More