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3 mins read

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 …

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2 mins read

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 …

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7 mins read

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…

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2 mins read

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…

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2 mins read

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…

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2 mins read

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…

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1 min read

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 …

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4 mins read

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 (…

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2 mins read

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   


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6 mins read

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   


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4 mins read

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   


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1 min read

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…

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2 mins read

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…

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2 mins read

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…

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1 min read

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…

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1 min read

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…

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1 min read

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…

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4 mins read

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   


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1 min read

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…