FINO Paytech invests in fintech startup CityCash

Binu Paul

Financial services company FINO PayTech Ltd has invested an undisclosed amount in Mumbai-based fintech startup CityCash. As ....

17 December, 2018

Wallet utilisation, commissions prop up Paytm Payments Bank’s FY18 revenues

Vijayakumar Pitchiah

Paytm Payments Bank closed the financial year ended March 2018 with gross revenues at Rs 721.96 crore and net losses at Rs 20.71 ....

14 December, 2018
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MobiKwik hires Delhivery exec to lead payment gateway and international biz

Binu Paul

Digital payments firm MobiKwik has appointed Sushant Kashyap as the business head for its payment gateway and international business, ....

14 December, 2018

Student loans provider Mpower scouts for acquisitions to grow India presence

Kavya Kothiyal & Bruhadeeswaran R

Mpower Financing Inc, a Washington D.C. based fintech startup that facilitates loans for international students, is scouting acquisitions ....

12 December, 2018

Online loan facilitator PerkFinance bags seed funding

Dearton Thomas Hector

Bengaluru-based online platform PerkFinance, which facilitates loans through its lending partners to blue-collar workers, has ....

11 December, 2018

B2B payments platform OweMe closes seed round to boost product

Kavya Kothiyal

OweMe, a blockchain based B2B payments platform owned by London based Sabstone Ltd, has raised $1 million in a seed round of funding ....

11 December, 2018
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Car financing startup OTO Capital raises seed funding from VCats

Shweta Sharma

Mumbai-based OTO Capital, an automotive fintech venture, has raised Rs 5 crore ($700,564.65 at current exchange rate) in its seed ....

10 December, 2018

Why India is the top market for Naspers-owned PayU

Binu Paul

India accounts for more than half of the total payment transactions for Naspers-owned PayU in the last six months, an interim ....

6 December, 2018

Rubique FY18 revenues up 60%, expenses jump 48%

Kavya Kothiyal

Mumbai based Rubique Technologies India Pvt Ltd, which runs an online marketplace for financial products, grew its operating revenues ....

6 December, 2018

Coverfox lost nearly Rs 3 for every rupee earned in FY18

Vijayakumar Pitchiah

Mumbai-based Coverfox Insurance Broking Pvt. Ltd, which runs an eponymous online insurance brokerage, saw its losses widen as ....

6 December, 2018
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RBI to install grievance redressal scheme for digital financial transactions

Payal Ganguly

The Reserve Bank of India (RBI) has said it will install an ombudsman scheme for digital financial transactions by January 2019. ....

6 December, 2018

Reboot: Why ibibo’s founder chose wealth management as his next destination

Dearton Thomas Hector

TechCircle presents Founders Reboot, a new fortnightly series in which we profile successful Indian entrepreneurs who have chosen ....

5 December, 2018

Payments-tech firm Go raises funding from Infibeam

Vijayakumar Pitchiah

Infibeam Avenues Ltd, the operator of India’s only listed e-commerce firm Infibeam and the parent of payment gateway company ....

3 December, 2018

Maharashtra govt launches accelerator to create fintech hub in Mumbai

Kavya Kothiyal

Maharashtra chief minister Devendra Fadnavis has set the ball rolling to create a fintech hub in Mumbai by launching an accelerator ....

3 December, 2018

Paytm rolls out Instant Bank Settlement for merchants to improve daily cash flow

Shweta Sharma

One97 Communications Ltd, the parent of digital payments firm Paytm, has announced the launch of Instant Bank Settlement facility ....

30 November, 2018

BillDesk FY18 net profit grows 8%, revenue climbs nearly 23%

Dearton Thomas Hector

Payment gateway firm BillDesk has reported an 8% rise in consolidated net profit for the year through March 2018, as per its filings ....

28 November, 2018

Rent management startup Paymatrix secures first tranche of pre-Series A round

Binu Paul

Hyderabad-headquartered Paymatrix, an end-to-end digital rent management platform, has raised $100,000 (Rs 70 lakh at current ....

27 November, 2018

Health-tech startup Niramai gets fresh capital from VC backers, Binny Bansal

Kavya Kothiyal

Breast cancer screening startup Niramai Health Analytix Pvt. Ltd has raised a new round of funding from its existing venture capital ....

27 November, 2018

Flipkart’s Sachin Bansal may launch new venture, eyes fintech and agri-tech: Report

Binu Paul

Sachin Bansal, the Flipkart co-founder who made an estimated $1 billion when his firm was acquired by Walmart, plans to launch ....

27 November, 2018

Stock market analytics platform Trendlyne to get IIFL's backing

Vijayakumar Pitchiah

IIFL Securities Ltd, a wholly owned unit of diversified financial services firm IIFL Holdings Ltd, is picking up a 15% stake in ....

27 November, 2018

Debt-collection software maker Prodigal raises seed funding

Vijayakumar Pitchiah

California-based Prodigal Technologies, Inc., which offers software for debt collection, has raised seed money from US incubator ....

26 November, 2018