Tag: Fintech
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Paytm Launches ‘Paytm Postpaid’ on UPI, Offering Users Instant Short-Term Credit of Up to 30 Days
Paytm, operated by One 97 Communications, has launched "Paytm Postpaid" on UPI, allowing select users to access a short-term credit line—enabling "Spend Now, Pay...
Just Ahead of IPO, PhonePe Secures RBI’s Final Nod to Operate as Online Payment Aggregator
Walmart-owned fintech giant PhonePe has obtained final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). This...
Fintech Startup MonkTrader.ai Raises Rs 2.4 Cr Pre-Seed Funding to Simplify Stock Market for Retailers.
MonkTrader.ai, a Mumbai-based fintech startup founded in 2024, announced it has raised ₹2.4 crore in pre-seed funding. Led by early-stage investors from India and...
Amazon Finally Completes Acquisition of Fintech Startup axio To Double Down on BNPL Offering
Amazon announced the completion of its acquisition of digital lending platform axio (formerly Capital Float), marking one of the ecommerce giant’s largest India deals...
Jio Financial Services Raises $449 Mn to Expand into Insurance, Lending, and Asset Management
Jio Financial Services (JFS) has gotten board approval to raise ₹15,825 crore by issuing 50 crore convertible warrants to its promoter groups—Sikka Ports &...
