FinTech

Walmart-backed payment firm PhonePe has received a broking license from India’s Insurance Regulatory and Development Authority, which will enable it to distribute insurance products from all insurance companies in the...

Indian Fintech startup Razorpay has acquired TERA Finlabs. TERA Finlabs is a Bengaluru-based startup providing technology, risk and capital solutions to enable embedded financing solutions for businesses. Razorpay announced the...

Indian merchant platform Pine Labs raised fresh $315 million in funding on July 6, 2021, led by Fidelity Management and Research Company BlackRock as part of its continuing funding round....

Ace Indian cricketer-backed fintech startup Digit raised fresh funding taking its valuation to $3.5 billion. According to a statement on Friday, the company is raising $200 million from Sequoia Capital...

Bengaluru-based banking technology startup Zeta is the latest entry to the unicorn club on the Indian shore with its Series C round of investment from SoftBank Vision Fund 2. Zeta...

Bengaluru-based digital payments major PhonePe is in talks to acquire homegrown mobile platform Indus OS, said sources aware of the transaction details. Owned by Walmart, PhonePe is planning to acquire...

Pine Labs, an Indian merchant commerce platform that offers payment terminals, invoicing tools, and working capitals, has raised $ 285 million in a new round of funding. The new funds...

Unified Payments Interface (UPI) transaction value hit an all-time high in 2020. Due to the COVID-19 pandemic, the nationwide lockdown made many people turn to online transactions, which led to...

Matrix Partners India has released its ‘State of India Fin+Tech Union’ report. The report outlines the impact of the Covid-19 pandemic on the financial services and fintech sectors, and the...

Plum, a Bengaluru based group health insurance startup has raised INR 7 Crores in seed funding. The round was led by Incubate Fund with participation from Gemba Capital and Tracxn...