Friday, August 22, 2025

Tag: 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...

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 in its lending business continue to...

iTuring.ai Secures $5 Million to Boost AI in Finance

Bengaluru-based enterprise AI startup iTuring.ai has secured USD 5 million in Series A funding to help banks and financial firms embrace AI faster. The...

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 from the Insurance Regulatory and Development...

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 affairs. Thukral will lead the company’s...

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...