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Minicorns, Unicorns tripled in USD 100 billion Indian fintech ecosystem: BCG, Z47

The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivot…

ANI   


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HDFC securities unveils 'Brokerage as a Service' for institutions and fintechs

The Brokerage as a Service by HDFC securities provides a versatile and profitable approach for inst…

ANI   


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India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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Fintech SRO aims to enhance credibility of sector, promote ethical conduct

The Reserve Bank(RBI) of India has released a preliminary framework outlining general functions, go…

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Regulations enabled India to be global benchmark in fintech: Razorpay's Harshil Mathur

Regulations in the fintech industry have enabled India to become a global benchmark in fintech and …

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ADB approves $23 million loan to catalyze fintech development in Gujarat

According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…

ANI   


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Experts suggest regulatory reassessment to boost fintech sector and ease compliance burden

With fintech sector gaining size and scale, there is a need to relook at the regulatory policies an…

PTI   


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SCOPE launches $45 million venture capital fund for fintech, gaming sectors

SCOPE, an invite-only networking platform for the startup ecosystem, on Tuesday announced the launc…

PTI   


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Fintech repository to be set up by April 2024, says Shaktikanta Das

The Reserve Bank of India (RBI) has proposed the establishment of a fintech repository. “This will …

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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3 mins read

Indian fintech startup funding fell 45% to $6.3 billion in 2022: IIFL report

Overall funding for startups declined to $46.69 billion in 2022, from $74.5 billion in 2021. The In…

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RBI Governor asks fintech players to form self regulatory organisation

Fintech players should form a self regulatory organisation for an orderly growth of the industry th…

PTI   


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SaaS fintech firm Perfios raises $229 mn from Kedaara Capital

Perfios, a B2B SaaS fintech company, said on Monday that it is raising $229 million from Kedaara Ca…

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18 mins read

51 start-ups from India likely to become unicorns in three years

In the next three years, as many as 51 high-growth start-ups that boast valuations estimated betwee…

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Four charts to show how India’s digital payments ecosystem has evolved in the last one year

People across the globe have gotten much more comfortable with digital solutions ever since the wor…

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Fintech MPOWER secures $150 million funding from Goldman Sachs

This latest funding will be used to amplify the student loans issued to students attending over …

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The Evolving Payments Purchasing Chain: How Pressures Are Changing the Ecosystem

Amid economic uncertainty, payments providers are making meaningful shifts to digitize and innovate.

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Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE

The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…