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Fintech personal loans log 62% of sanction volumes in FY24 first half in India: FACE report

Fintech personal loans have grown steadily in the country and contributed to a third of overall act…

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4 mins read

Wells Fargo may have underestimated just how savvy millennial credit card holders can be

Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…

Lloyd Lee   


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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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5 mins read

I retired in my 30s with a net worth of $2.5 million over a decade ago. Now, I'm going back to work at 46.

Sam Dogen retired 12 years ago from his job at Credit Suisse. Now, with two children in school, he'…

Lauren Crosby Medlicott   


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RBI releases draft framework for Fintech sector self-regulatory organisations

The RBI on Monday released a 'draft framework for recognising Self-Regulatory Organisations (SRO) f…

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3 mins read

Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions

Klarna's CEO seemingly touched a nerve on social media by saying AI meant "spending less on photogr…

Sarah Jackson   


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Beyond banking: How Slack is reshaping financial services for the digital age

In the ever-evolving landscape of financial services, technology has become the cornerstone of inno…

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4 mins read

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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2 mins read

VC investments, deals grew in India in Q1 despite fall in global activity: Report

Both venture capital (VC) investment and the number of VC deals grew in India in the first quarter …

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5 mins read

Jamie Dimon had a lot to say in his annual letter to shareholders

Dimon's letter reads a lot more like someone vying to move into 1600 Pennsylvania Ave than the CEO …

Dan DeFrancesco   


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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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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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1 min read

Singles need $96,000 a year to live comfortably in the biggest US cities, says SmartAsset

Living comfortably alone requires an income close to six figures, SmartAsset found, but that figure…

Theron Mohamed   


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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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4 mins read

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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2 mins read

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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4 mins read

Vijay Shekhar Sharma: The controversies of the architect of fintech

Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fai…

PTI   


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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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Big banks, please stop trying to be fintechs

Big banks love to talk about how they're just as innovative as fintechs. But they're completely dif…

Dan DeFrancesco   


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1 min read

The 54 most promising fintechs shaking up everything from how we invest to how we pay, according to top VCs

Top fintech investors from QED Investors, Point72 Ventures, and Bain Capital Ventures identify the …

Michelle Abrego,Bianca Chan,Paige Hagy,Julie Bort