Fintech
RBI Approves IRCTC Payments as Payment Aggregator
IRCTC Payments Limited, a fully owned arm of Indian Railway Catering and Tourism Corporation (IRCTC), has received in-principle approval from the Reserve Bank of India (RBI) to work as...
Fintech
UPI Sets New Record: 19.47 Billion Transactions in July
Unified Payments Interface (UPI) reached a new milestone in July 2025, processing 19.47 billion transactions valued at Rs...
Fintech
MobiKwik: Q1 FY26 Loss Jumps Sixfold to Rs 42 Crore
Fintech platform MobiKwik has reported a significant jump in net loss for the Q1 of FY26 as challenges...
Fintech
Jupiter Money Gets IRDAI License, Enters Insurance Sector
Jupiter Money, a fintech company based in Bengaluru, has received a Direct Insurance Broker (Life & General) license...
Fintech
PhonePe Hires Shivnath Thukral as VP for Public Policy
Digital payments leader PhonePe has appointed Shivnath Thukral as its new vice president for public policy and government...
Net1 Fully Exits MobiKwik with Rs 143 Cr Stake Sale
South African firm Net1 Applied Technologies has officially exited Indian fintech company MobiKwik by selling its entire 8% stake. The exit was executed through...
NPCI Sees 42% Jump in FY25 Surplus Amid UPI Growth
The National Payments Corporation of India (NPCI), the organization behind UPI, posted a strong financial surplus for the fiscal year ending FY25. Its revenue...
Hero FinCorp Raises Rs 260 Crore in Pre-IPO, Cuts Issue Size
Hero FinCorp, the non-banking finance company backed by Hero MotoCorp, has raised Rs 260 crore in a pre-IPO funding round, adjusting its upcoming public...
InCred Money to Buy Stocko for Rs 300 Crore in Brokerage Entry
InCred Money, the investment arm of the InCred Group, is set to acquire discount broking platform Stocko for around Rs 300 crore. The deal...
Jupiter Teams Up with CSB Bank for RuPay Credit Card
Fintech company Jupiter has partnered with CSB Bank to introduce the Edge+ CSB Bank RuPay Credit Card, which it calls its most rewarding card...
Paytm Issues Rs 215 Cr Fresh ESOPs Under 2019 Plan
Paytm, one of India’s leading fintech platforms, has announced a new allocation of ESOPs (Employee Stock Options) valued at around Rs 215 crore. The...