Fintech startups
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Datacultr unlocks smartphone loans for the unbanked
Datacultr, an IoT & Smartphone technology platform, is facilitating financial inclusion in India through ODYSSEY, its solution for consumer lending companies. People’s desire to own a smartphone and its clear utility in the emerging world is Odyssey’s cornerstone. To enable unbanked & underserved access formal credit, the platform reduces default rates for Banks, NBFCs, MFIs & […] More
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Namaste Credit achieves SKOCH Order-of Merit Awards for 2019
Namaste Credit, India’s driving AI-based credit disclosure stage for MSMEs today was declared the champ of 2019 SKOCH Order-of Merit Awards for its AI-based credit evaluation solution for banks and NBFCs. The fintech startup has announced the victor during the 58th SKOCH Summit on 29th June 2019, with the hidden topic of ‘ModiNomics 2.0, Macroeconomic […] More
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Jarvis Initiates to Strike the best for Stock Market
Throughout the years, venture products, such as the shared assets, ULIPs have kept on building interests among the customers. Nonetheless, the quantity of individuals who are really happy with their venture portfolio sum is not huge. There are various explanations behind this while one significant reason lies on the door is that the customer is […] More
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ePayLater partners with MakeMyTrip to provide credit services
Mumbai-based fintech company ePayLater, a renowned innovator in the digital credit market has partnered with MakeMyTrip, the leading Indian online travel search engine and marketplace. As part of the partnership, ePayLater’s ‘Book Now, Pay Later’ service will be made available to customers purchasing flight, bus and train tickets on MakeMyTrip. This will allow customers to book […] More
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PayNearby crosses daily 1 million transactions mark
In a remarkable feat, PayNearby, India’s leading hyperlocal FinTech network, has achieved the milestone of daily 1 million transactions on its platform. This achievement goes hand in hand with the company’s mission to empower kiranastore owners, termed as ‘Digital Pradhans’, while facilitating mass scalefinancial inclusion in India. Since its inception in 2016, PayNearby has empowered over […] More
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Phonepe seeks to raises $1 Billion
After the Flipkart board have given approval to hive off the PhonePe, which even paves the way of a solo fundraise, the payment platform is also in talks now to raise around $1 Billion from the marquee investors like the Tiger Global and China Tencent, according to the report which has been revealed. Tiger Global […] More
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Nitstone Finserv to Raise Rs 150 crores for Growth
Non-Banking Finance company which is based out of Bangalore, Nitstone Finserv is all set to raise the fresh funding round of INR 150 crore from new investors. Nitstone Finserv is as of now in discussions with the investment bankers and some other Venture Capitalist to raise around INR 150 crore to finance the next phase […] More
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Mastercard Looks To Tap Fintech, Payments Opportunity With $1 Bn
A US-based payment processing solutions and product giant, the master card has now revealed its commitment to invest around $1 Billion over the coming five years in India. Apart from that, the company also earlier revealed the investment of $1 Billion between the year 2014-2019 in India, the additional investment tranche of $1 Billion will […] More
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Cloud Computing benefits to Financial Service Companies
The are plenty of reasons for moving to the cloud and it makes good business sense. Cloud computing gained more prominence in the IT field and financial industries avoid this mainly because of security. With the advancement of security in the financial sector, its time for financial industries to switch to cloud computing. There are […] More
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PayU acquires US-based Wibmo for $70 mn
PayU today has now revealed it has now acquired the California headquartered Wibmo Inc, that also operates in the segment of the digital payments, for the $70 Million to expand its reach in entire India. PayU will acquire the Wibmo payment offerings, which includes the security solutions and payment gateway solutions as a part of […] More
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Get Funds for Your Start-Up from Reliable Fintech Companies
The number of young people opting to establish a start-up business is increasing every year. Many of them are college and university graduates. Almost all of these aspiring entrepreneurs have very bright ideas. They aim at introducing groundbreaking products in the market which consumers want. They are also willing to charge reasonable public prices for […] More
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RBI To Set Up Regulatory Sandbox For Fintech Startups
The Reserve Bank of India will now issue the guidelines just within the coming two months for the fintech companies to test their new products and services on the small group of people before expanding and scaling it. Shaktikanta, the RBI governor revealed that the “regulatory Sandbox” will now going to help the financial technology […] More
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