Tagged: india

December 29, 2021 @ 8:23 pm By Omar Faridi  |  

RazorpayX Corporate Card is planning to take the hassle out of digital spending for businesses. According to Razorpay, which recently finalized a massive funding round, they are constantly evolving and trying to “address the needs of businesses by providing a wide range of features.” So,… Read More

December 26, 2021 @ 5:47 pm By Omar Faridi  |  

In order to ensure the safety and security of the payment system, the Reserve Bank of India (RBI) has expanded the tokenization facility from an earlier version/framework to Card on File Tokenization (COFT). Virtual payments Fintech Paytm has now introduced a tokenization solution for online… Read More

December 23, 2021 @ 12:37 am By Omar Faridi  |  

The month of December is always an “exciting month” for Razorpay, the company wrote in a blog post dated December 20, 2021. Razorpay added that it has celebrated its 7th year since launch. The firm reveals that what started off as an idea between Shashank… Read More

December 20, 2021 @ 10:08 pm By Omar Faridi  |  

The team at Indian Fintech Razorpay notes that if you are running a business on Amazon (NASDAQ: AMZN), then you are probably well aware that effective cash flow can be vital to the scalability of your business. Whether your business is growing or just starting… Read More

December 20, 2021 @ 6:49 pm By Omar Faridi  |  

Go for gold investments, the team at Paytm (NSE: PAYTM) recommends. Paytm writes in a blog post that gold is a “sought-after asset, the world over.” The Fintech firm gives the example of an Olympian seeking out that “glistening gold medal.” Paytm adds that this… Read More

December 20, 2021 @ 11:48 am By Omar Faridi  |  

Bizongo has announced its latest fundraise of $110M via a Series D round that was led by New York-based Tiger Global Management. As mentioned in an update shared with Crowdfund Insider, the B2B e-commerce and supply chain enablement platform also launched India’s first IoT powered… Read More

December 15, 2021 @ 10:29 pm By Tony Zerucha  |  

FSS (Financial Software and Systems), a provider of integrated payment products and processing, along with CSB Bank, one of the oldest private sector banks in India, have joined forces to deliver hyperlocal banking services to financially underserved segments. Under this partnership, CSB Bank and FSS… Read More

December 5, 2021 @ 5:41 pm By Omar Faridi  |  

Bitcoin-focused Fintech firm Blockstream has published its Markets Weekly report., Blockstream‘s report, dated December 3, 2021, notes that Fidelity has established a new BTC ETF in Canada, while GS is considering BTC lending. As mentioned in the report, VanEck has filed for a mining ETF,… 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

November 29, 2021 @ 9:21 pm By Omar Faridi  |  

Indian payments Fintech and neobank Razorpay notes that applying for a line of credit via traditional banks and lenders “can be disappointing with unrealistic approval requirements.” Razorpay Cash Advance has been specifically designed to “make it easier for Razorpay users to get quick access to… Read More

November 21, 2021 @ 4:24 pm By Omar Faridi  |  

The team at Blockstream notes in a report that Bitcoin is on track for its worst weekly drop in over 6 months. Blocktream writes in a blog post that declines this past week looked to be driven by “continued deleveraging and perhaps also exacerbated by… Read More

November 19, 2021 @ 9:52 pm By Tony Zerucha  |  

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

November 8, 2021 @ 7:52 pm By Omar Faridi  |  

India-headquartered software-as-a-service (SaaS) Fintech ClearTax has acquired $75 million in funding via a Series C round. ClearTax’s investment round has been finalized in order to support the firm’s business expansion into the MENA region. The company said it would also enable ClearTax to further diversify… Read More

November 7, 2021 @ 1:21 pm By Omar Faridi  |  

Croatian P2P lender Robo.cash has shared the performance of its loan originators for Q3 2021. The Robo.cash team writes in a blog post, dated November 2, 2021, that today, they’re updating clients on the results of the Robo.cash loan originators in Q3. UnaPay, the Philippines… Read More

November 4, 2021 @ 3:42 pm By Tony Zerucha  |  

The Government of Singapore, BlackRock Global Funds, and the Canada Pension Plan Investment Board are among the reported 122 institutional investors who have gobbled up more than $1 billion worth of shares in Paytm, which in a few short years has grown into an Indian… Read More

November 1, 2021 @ 10:09 pm By Omar Faridi  |  

Unified Payment Interface, the easier way to transfer money from one bank in India to another, requires people to successfully complete the process of UPI registration. In order to do this, consumers need to create a unique UPI ID on any mobile payments app, like… Read More

October 28, 2021 @ 10:47 pm By Tony Zerucha  |  

AlphaFin, a Fintech company that helps customers transition to blockchain-based financial systems, today announced the successful onboarding of a blockchain-powered microfinance institution in concert with Dhosa Chandaneswar Bratyajan Samit headquartered in Kolkata, India. “The significance of this achievement is that for the very first time,… Read More

October 26, 2021 @ 10:33 pm By Omar Faridi  |  

Payments and API banking solutions firm, Cashfree Payments reveals that it has introduced PAN (Permanent Account Number) Verification on Cashfree Payments Verification Suite. This new feature should enable merchants to perform a single online PAN verification or bulk pan verification of as many as 10,000… Read More

October 18, 2021 @ 10:27 pm By Tony Zerucha  |  

NFT marketplace creator and B2B SaaS provider NFTically has confirmed seed funding of under $1 million from an investor group including Nazara Games exec Nitish Mittersain, Unacademy co-founder Gaurav Munjal, Udaan co-founder Sujeet Kumar, Bollywood actor Kunal Kapoor, and Coinbase CPO Surojit Chatterjee. The funds… Read More

October 6, 2021 @ 10:44 pm By Omar Faridi  |  

GetVantage, an established revenue-based financing Fintech, reveals that it is introducing Bounce Back Capital, which is described as a “first-of-its-kind” initiative to help brands of India “rebound this festive season.” As mentioned in a release shared with CI, GetVantage has allocated an initial $5 million… Read More