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3 mins read
This year, credit card users swiped 5x more than debit card users: PayU
This festive season, Indians have been spending via swiping as per a PayU Insights Report - Festive…
5 mins read
Only 3 in 100 Indians have a credit card — this former PayU India cofounder is hoping to change that
Now PayU India’s former chief executive (CEO) and cofounder Nitin Gupta — who also led Ola Finan…
4 mins read
Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost
The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …
2 mins read
BharatPe CEO, PayU's cofounder and others invest $15 million in an online textile marketplace
Business-to-business (B2B) textile marketplace Locofast has raised $15 million in a round co-led by…
2 mins read
Digital gold loan company Indiagold raises $12 million from PayU and others
Indiagold, a fintech startup that offers gold loans, has raised $12 million funding to scale its bu…
2 mins read
Offline-to-online commerce platform DotPe raises $27.5 million from Google, PayU and Info Edge Ventures
Info Edge Ventures has doubled down on its seed investment in the company made last year and m…
1 min read
PayU to acquire controlling stake in PaySense
It added that USD 65 million of the total amount will be immediately invested, while the balance c…
PTI
1 min read
CCI dismisses complaint against Naspers-owned PayU Payments, Wibmo
New Delhi, Jan 31 () The Competition Commission has dismissed allegations of unfair business practi…
PTI
1 min read
This Gurgaon-based startup processes half a billion dollars every month
“Our ambitions go beyond this feat and intend to hit a billion dollar mark in processed value in th…
1 min read
PayU India aims at doubling its payment gateway business in the coming year
PayU India’s relationship with IndusInd Bank will also help it create co-branded digital consumer b…
4 mins read
Fintechs are heralding a new era for Indian banking and finance sector
Similarly, Zerodha and Rupeevest are making the process of investing in equities and other financia…
1 min read
How much money did Paytm, Mobikwik, and Freecharge make from demonetization?
Another new payment system, UPI, is yet to be supported by most supermarkets and retail stores even…
1 min read
PayU India and Paytm get first in-principle approvals to function as consumer payment gateways
Vijay Shekhar Sharma, founder of Paytm, said that RBI has laid some conditions so that the final au…
1 min read
PayU India becomes first non-bank entity to get Bharat Bill Payment Unit license
BBPS is an integrated bill payment system in India, offering inter-operable and accessible bill pay…
1 min read
This is what PayTM, MobiKwik, PayU Money and Oxigen are doing to fight mobile transactions frauds
For instance, MobiKwik has come up with card and device ID checks, Paytm is experimenting with faci…
1 min read
Santa’s come visiting Paytm! Its wallet size expected to increase tenfold in 2016
This projected figure doesn’t count cashbacks that the company offers its customers when they do e-…
1 min read
Digital wallets becoming popular among consumers, reveals RTI
The total number of digital wallets as of April 2015 is 101.86 million. Through digital wallets, pe…
2 mins read
Fearing competition, Flipkart, Snapdeal oppose 100% FDI in India’s eCommerce sector
The two models of retail - online and offline - have different business models and cannot be looked…
2 mins read
Indian edtech startup Supernova raises $1.1 million in pre-seed funding even as Indian startup funding hits a 2-year low
Indian edtech startup Supernova raises $1.1 million in pre-seed funding even as Indian startup fund…
2 mins read
Cyrus Poonawalla’s shadow bank partners with a startup to disburse ₹500 crore in loans in a year
Cyrus Poonawalla’s Poonawalla Finance, the Pune-based NBFC, has partnered with the startup Capital …