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Amazon and Flipkart’s biggest rival in ‘Buy Now, Pay Later’ just raised $40 million
Bengaluru-based fintech startup Simpl has raised $40 million in funding, the company’s founder and …
ED asks Paytm to freeze certain amounts from few merchant IDs after raids (Ld)
The Enforcement Directorate (ED) after conducting raids at multiple locations belonging to payment …
Paytm's lending and merchant businesses drive revenue growth in Q2 – low penetration offers headroom for growth say analysts
One 97 Communications, operator of the digital payments platform Paytm reported 14% sequential reve…
BharatPe raises ₹200 crore in debt to build a loan book of $1 billion by March 2023
Merchant-focused payments startup BharatPe has raised ₹200 crore ($28 million) in debt to build a l…
Ashneer Grover claims Bharatpe's gold loan vertical was his project, calls out CEO for ‘selling lies’
BharatPe’s former founder, managing director and chief executive (CEO) Ashneer Grover has accused t…
Payments firm ZestMoney raises $50 million to test out insurance business
Payments company Zestmoney, which allows customers to ‘buy now and pay later’ (BNPL), has raised $5…
Rupifi bags $25 million from Tiger Global, others to boost buy now pay later offering
Despite the subdued economic activity, Rupifi managed to record 50 per cent (on-month) growth …
India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why
Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…
Amazon won't require sellers to repay loans for 1 month, easing the pressure on merchants squeezed by the coronavirus outbreak
The one month reprieve will offer relief to some sellers who borrowed money from Amazon's lending p…
Eugene Kim
Underwriting: The risk-assessment process used in everything from IPOs to life insurance
Underwriting is a process in which an individual or an organization takes on financial risk for a f…
Jim Probasco
This Motilal Oswal-backed startup is planning to issue a million credit-based cards in the next 150 days relying on the $2 billion worth loans it disbursed
Credit-based payment cards are getting quite an uptick as people’s consumption habits have taken a …
Wall Street titans like Morgan Stanley lure – and at times trap – top financial advisors with big loans
Today's biggest story on Wall Street unpacks the golden handcuffs that traps banks' top financial a…
Aaron Weinman
Amazon-backed Capital Float plans to go big in the buy now, pay later segment; raises $50 million
Amazon-backed Capital Float has raised $50 million in the latest funding round to strengthen its bu…
Lending platform KreditBee raises $70 million in its series C round, a month after it got $75 million
Fintech lending startup KreditBee’s holding company Finnov has raised $70 million from new investor…
BharatPe to add another 3 million merchants to its existing list of over 5 million merchants by the end of FY21
The company is currently present in 35+ cities and plans to scale its presence by adding another 30…
BharatPe gets $20 million in debt funding from Alteria Capital and ICICI Bank — aims to raise a total of $700 million in the next two years
FinTech services company BharatPe on Monday announced that it has raised ₹139 crore (nearly $20 mil…
Flipkart is doing everything to achieve its GMV target, rolls out easier loans for merchants
As Flipkart’s rivals such as Snapdeal and Paytm are leaving no stone unturned to increase their mer…
Paytm merchants can now accept payments from other apps, cards at no extra fee
Paytm has launched its all-in-one QR code for merchant payments. Through this feature, merchant…
Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year
"Although we shall continue to accrue interest income on the outstanding portfolio including those …
PTI
ShopClues’ merchants can ease cash flows by availing advance payments
Merchants often need on-demand cash flow to ensure stock availability, manage payments and overhead…