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Tencent Sells INR 1,668 Crore Stake in PB Fintech Amid Market Gains
Chinese digital giant Tencent sold a 2.1% share for INR 1,668.1 crore in PB Fintech, the business that runs Policybazaar, marking a substantial financial shift.
Visit Health Raises USD 30 Mn in Latest Funding Round, Partners with TatvaCare
In its most recent fundraising round, Visit Health, a well-known telehealth and wellness platform with its headquarters in New Delhi, successfully collected INR 250 crore
Fintech Personal Loans Shrink: Average Ticket Size Plunges To INR 9,861
Shift in the fintech landscape The Indian fintech landscape is witnessing a significant shift as the average ticket size of personal loans has contracted sharply.
CRED Launches CRED Money: A Unified Platform For Financial Management
Kunal Shah’s fintech giant, CRED, has unveiled a new product, CRED Money, designed to simplify financial management for its users. This platform offers a consolidated
RBI Tightens The Screws On Fintech KYC
The Reserve Bank of India (RBI) has issued a stern warning to fintech startups: strict adherence to Know Your Customer (KYC) guidelines is non-negotiable. In
Indian Banks Mull Self-Regulation Of Fintech Sector With SRO
Indian Banks Consider Establishing Self-Regulatory Body for Fintech Oversight Indian banks are apparently looking toward the establishment of a self-regulatory organization (SRO) to supervise the
Securing India’s Fintech Future with Modern Tech Stack Solutions
An age-old proverb that still holds true today in the quickly changing fields of finance and technology is “The only constant is change.” This insight,
Meta’s Weak Revenue Forecast Sends Stock Tumbling Despite Strong Q1 Performance
Meta’s Stock Plummets on Weak Revenue Forecast Despite reporting better-than-expected numbers in the first quarter of 2024, Meta, the parent company of Facebook, faced a
Trust Fintech Witnesses INR 5.42 Crore Bulk Deal Following Successful IPO
Tikri Management Acquires Significant Stake Trust Fintech, a leading fintech Software-as-a-Service (SaaS) company, recently witnessed a substantial bulk deal involving Tikri Management. The deal involved
Sitharaman Meets Fintech Leaders: Balancing Innovation and Compliance
Finance Minister Nirmala Sitharaman met with leading figures from India’s homegrown fintech industry on February 26th, 2024.** The virtual meeting, which included senior government officials