Tagged: flipkart

Fireblocks Announces in House White Label Non-Custodial Wallet

Fireblocks has announced its own non-custodial wallet. Fireblocks is best known for its institutional-grade digital asset securities services. The company says it is targeting Fintechs and corporate customers interested in Web3. The new white label “wallet as a service” complements its already operating custody solution…. Read More

Indian Digital Payments Fintech PhonePe Branches Out from Parent Flipkart, Will Secure $700M in Capital from Existing Investors

India-based digital payments firm PhonePe has branched out from its parent company, the Walmart-owned Flipkart Group. PhonePe is now valued at an estimated $5.5 billion, the company confirmed on December 3, 2020. According to the announcement, Flipkart will maintain its own majority stake of 87%… Read More

Indian Pay Later Solutions Experience 50% YoY Increase in Equated Monthly Transactions during Checkout on Amazon, Flipkart

Lizzie Chapman, CEO and Co-Founder at ZestMoney, which claims to be one of the largest and fastest-growing Fintech firms in India, notes that as the festive season begins in India, the company has seen a significant increase in demand for online “affordability” solutions from its… Read More

Indian Fintech Navi Technologies Acquires $26.75 Million in Equity Funding from Gaja Capital, Others

Indian Fintech firm Navi Technologies, a company that aims to make financial services simple, affordable and more accessible, has secured INR 2.04 billion (appr. $26.75 million) in equity funding from Gaja Capital, a Mumbai-based private equity company. Navi aims to develop consumer-centric and technology-driven businesses… Read More

Amazon. Stop Being Everything to Everybody!

  In two of my previous articles, “The Top Ten Fintech Predictions for 2018” and “Top The Fintech Predictions for 2017”,  I predicted a few things to come including The End of Privacy, Vertical Integration and What’s Your Advantage where I visualized Facebook, Snapchat, Tesla,… Read More

Flipkart to Add Online Loans to its Marketplace

Flipkart, one of the largest e-commerce platforms in India sales topping $2 billion each year, is getting into Fintech. Just like all other e-commerce platforms the combination of providing credit to customers is just too compelling of a business to pass up. Flipkart states that… Read More

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