Indian Startups, Entrepreneurship, News, Resources & More
PayPal has enabled SMEs and freelancers leverage the global opportunity for over a decade
''Ensuring cash flow is critical for freelancers,'' says Nath Parmeshwaran
PayPal’s vision is to offer a frictionless payments experience backed by Buyer and Seller protection policies
Whether it was in the days of barter…
Trifecta Capital and a bunch of NBFCs have invested in Innoviti
The funds will be used to strengthen its tech platform
Recently, another PoS provider Mswipe raised $31.5 Mn
Bengaluru-based digital payments solutions company Innoviti has raised $11.5 Mn (INR 80…
The deal is expected to be valued at $50 Mn-$60 Mn
Wibmo offers digital payment technology solutions
PayU is doubling down on emerging fintech markets
Naspers-owned fintech company PayU is looking to dominate the entire payments process…
Sequoia Capital to lead this fresh funding round
Razorpay recently forayed into lending sector with the launch of Razorpay Capital
The Bengaluru-based company has raised a total of $31.5 Mn in funding till now
Y Combinator-backed, digital payments and lending platform, Razorpay is reportedly in talks…
Mumbai-based PayMate partnered with Visa in 2017
The company claims to have enabled more than $325 Mn in credit to SME's
CEMEA region showed leading growth in digital payments in 2018
Mumbai-headquartered B2B digital payments provider PayMate has partnered with global payments enabler…
Paytm recorded 221 Mn transactions in January 2019
PhonePe and Google Pay clocked nearly 220 Mn transactions each in January 2019
Further, the average ticket size of a UPI transaction is about INR 1,600
Competition in the digital payments industry remains a close affair for the…
KKR & Co, General Atlantic LLC, Tiger Global and Tencent may invest in PhonePe
The fresh funds will help PhonePe cash in on the growth in digital payments
PhonePe crossed 1 Bn transactions in December 2018
Digital payments company PhonePe is looking to fill its kitty at a…
RBI had set up the committee to review the existing status of digitisation
Some of the key recommendations include transactional parity
PCI also recommended ‘on tap licensing’ and risk-based regulations
Almost 30 days into the new five-member ‘High-Level Committee for Deepening of…
Only 3% of India’s rural population has paid a bill or bought something online
In 2018, only 21.46% of rural India had internet access in contrast to 81.32% of the urban population
The broadband penetration in the rural region was only 11.78% of the total population
In the interim Union Budget presented on February 1, interim finance minister…
ZestMoney has raised an undisclosed venture debt funding from Alteria Capital
The startup had raised $13.4 Mn in extended Series A in August 2018, led by Xiaomi
Last week, Alteria Capital invested $4.2 Mn in Pune-based Faasos
Bengaluru-based digital lending startup ZestMoney has raised an undisclosed venture debt funding…
Tokenisation involves a process in which a unique token masks sensitive card details
This measure helps in avoiding the misuse of card details or network hacking
There will be no additional charges for the service to be levied by the consumer
Taking another step towards enhancing the safety and security of payment systems…
Reserve Bank of India has decided to constitute a five-member committee
The committee will look to review the existing status of digitisation of payments
The committee shall submit its report within a period of 90 days
With a view to encourage digitisation of payments and enhance financial inclusion…
