Tag "fintech"

Airtel picks up stake in digital lending platform, Loan Singh

NEW DELHI, INDIA: Bharti Airtel  through its subsidiary Bharti Airtel Services has acquired a strategic equity stake in fintech company, Seynse Technologies, which built a digital lending platform, Loan Singh to provide easy loans for credit-worthy yet underserved borrowers. Seynse

Paytm to invest 600cr to expand its QR code-based payment network

NEW DELHI, INDIA: Paytm said that it will invest over Rs 600cr to enable merchants across India for acceptance of digital payments using its QR code based payment solution. The company is investing in scaling up manpower, technology, and merchant

Fintech Valley Vizag launches startup challenges

By : CIOL Writers

In a bid to make the city of Visakhapatnam the Fintech hub of India and the world, Andhra Pradesh’s Fintech Valley, Vizag is building a complete eco-system including Fintech start-up entrepreneurs, innovators, incubators, investors and academia. Taking this mission forward,

FreeCharge will now sell mutual funds on its platform

FreeCharge will now sell mutual funds on its platform. The launch aims at building and strengthening the financial services offering at FreeCharge. FreeCharge also runs an extensive lending program, Capital Assist on its platform. Announcing this new service, Govind Rajan,

Here’s all you want to know about Airtel Payments Bank

India’s first payments bank by Airtel has commenced national operations in all 29 States of India from today. Union Minster of Finance and Corporate Affairs, Arun Jaitley formally launched Airtel Payments Bank’s national operations in New Delhi yesterday. Airtel Payments Bank,

Paytm likely to launch the second payments bank in India, after Airtel

By : CIOL Writers

After Airtel Payments Bank, India’s first payment bank, Paytm is all geared up to bring the country’s second payments bank. Vijay Shekhar Sharma, founder and CEO of Paytm announced that Paytm Payments Bank has finally received launch approval from Reserve

PayPal announces Incubator Challenge for fintech startups

PayPal announced the launch of the fifth edition of the PayPal Incubator Challenge. Early-stage financial technology companies, including startups across the country specialising in loyalty, machine learning, big data and logistics, among others can compete for a spot in the

Razorpay waives off debit card transaction fees for its merchants

BANGALORE, INDIA: Online payments platform, Razorpay has waived off all service charges on Debit Card transactions for all of its 10,000+ merchants till December 31, 2016. This move is aimed at helping businesses affected by demonetization and encourage users to transact

BankBazaar simplifies registration with Truecaller log-in

BANGALORE, INDIA: Personal finance marketplace, BankBazaar.com announced a tie-up with Truecaller to allow its  users to log on to the platform through their Truecaller credentials instead of Facebook or Google for a quick and frictionless registration experience. By tying up

Walnut app crowdsourcing user info to help find ATMs with cash

BANGALORE, INDIA: As accessing cash via ATMs has become a very cumbersome process these days with ATMs running out of cash more than often, personal finance management app, Walnut has launched a feature that will allow users to find a

Snapdeal allays cash crunch concerns of buyers with new FreeCharge pay on delivery feature

NEW DELHI, INDIA: Snapdeal announced a Wallet on Delivery (WoD) feature, which will allow users to pay on delivery by using their FreeCharge wallet. The launch of Wallet on Delivery is a quick and effective solution to all user concerns about Cash on Delivery

Getting a loan/Hailing a cab. Which one’s faster?

Pratima H NEW DELHI, INDIA: When someone speaks at almost 300 kmph and still makes every

Unocoin releases API for Bitcoin wallets

BANGALORE, INDIA: India’s popular bitcoin company, Unocoin has implemented its first-ever, easy-to-access Application Programming Interface (API)

Wipro launches open banking API platform to help BFSI clients enhance digital offerings

BANGALORE, INDIA: Wipro has launched its Open Banking API (Application Programming Interface) Platform. The Open API platform,

India is the 3rd largest unicorn hub globally with Flipkart among the top 10

The US is home to 98 of 172 unicorn companies that are valued at $1 billion

What makes APAC Fintech take a lead over North America and Europe?

HONG KONG: Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as

India 2nd popular destination for fintech investors after China

Soma Tah Despite some cooling down at the end of last year in some of the

Sun-set hour for traditional banks?

Jonathan Kaftzan INDIA: I don’t know about you, but as time progresses, I find myself going

Swiss Re announces insurance tech accelerator program

BANGALORE, INDIA: Global reinsurance company, Swiss Re announced has launched InsurTech accelerator to help startups develop

Can banks ward off fintech challenge with a startup mentality?

Balwant C Surti In recent years, the Bank, that grand edifice of solidity and security from