Search Results for: mobikwik

June 7, 2021 @ 7:06 pm By Priyanka Pani  |  

Alibaba-backed One97 Communications, which owns mobile payments firm Paytm, has received a green nod from its board to go public. In a letter to all its stakeholders and employees having stock options, the company said it had received in-principle approval from its board to issue… Read More

December 17, 2020 @ 11:11 pm By Omar Faridi  |  

The Securities and Exchange Board of India (SEBI), the regulator of the nation’s securities and commodities market, announced on Wednesday (December 16, 2020) that it has updated guidelines related to establishing asset management companies (AMCs) for Fintech firms and other startups. SEBI confirmed that it… Read More

September 4, 2020 @ 8:33 pm By Omar Faridi  |  

Fintech lenders in India are reportedly looking for ways to implement the Reserve Bank of India’s (RBI) loan restructuring scheme. Non-bank Indian companies and online lending platforms are trying to rework their loan collection and overall business strategies, according to the ET, which cited sources… Read More

December 12, 2017 @ 11:39 am By Erin Hobey  |  

Attention MobiKwik, RazorPay and PayPal, Payments startup Stripe has just announced its entrance into the Indian mobile wallet sector! “Today we’re starting an invite-only beta for Stripe in India with a small group of companies. These businesses will help us test our platform in the… Read More

June 28, 2017 @ 12:43 pm By Erin Hobey  |  

Each year CB Insights publishes The Fintech 250, recognizing the 250 top private companies changing the face of financial services around the world. From insurance to blockchain to lending to wealth management to regtech, the alphabetical list is comprised of companies in sectors from across… Read More

May 12, 2017 @ 7:51 am By Erin Hobey  |  

Paytm is now in talks with SoftBank to raise up to $1.9 billion in fresh funding, hiking its value to a cool $8 billion or more, according to multiple new sources. Paytm counts over 218 million wallet users; last month alone Paytm clocked 255 million transactions.  Founded… Read More

November 17, 2016 @ 9:41 am By Erin Hobey  |  

After quarterly fintech investment to VC-backed companies peaked as high as US$5B+ in 2015, investors continue to take a much more cautious approach this year, according to the Pulse of Fintech, the quarterly report on global fintech VC trends published jointly by KPMG International and… Read More

September 2, 2016 @ 2:29 am By Erin Hobey  |  

Delhi-based One97 Communications, which runs mobile payment and ecommerce platform Paytm, has received Rs 400 crore ($60 million) from Taiwanese semiconductor maker MediaTek’s Mountain Capital Fund, reported the India Times.  The deal, which was ratified by the board of directors earlier this week, more than doubles Paytm’s… Read More

February 2, 2016 @ 4:44 am By Erin Hobey  |  

Creditnation.in, a lending platform which combines credit advisory, analytics, process automation and last-mile connectivity, has announced that it has raised angel round funding for an undisclosed amount.  The platforms deals primarily in credit cards, loan against property, housing, personal, auto and business loans, and have already partnered… Read More