India

Singapore’s PayNow to Link Up With India’s UPI for Real-Time Payments by 2022

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make instant, low

Read More

Virtual Card Payments Are Picking Up Pace, India To See Strong Growth

The global pandemic forced people, even the less tech-savvy ones, to shift from a physical world to a virtual one. Whether it was shopping or team meetings at work, almost overnight, they were shifted to digital mediums. While everyone hopes

Read More

10 Major Wealthtech Players in India

The wealthtech sector in India has been experiencing robust growth, thanks to the growing digital adoption and increasing investor interest in the segment. The wealthtech sector in India has over 300 startups focusing on robo-advisory, personal finance management, online brokerages,

Read More

Top 10 Buy Now Pay Later (BNPL) Players in India

The global pandemic brought about a fundamental shift in the way consumers interact with businesses. As lockdowns and movement restrictions were implemented, digital adoption soared at an accelerated speed. People started shopping online for almost everything from food and groceries

Read More

Sequoia-Backed Pine Labs Raises US$ 600 Million Ahead of IPO Plans

Pine Labs, an Indian merchant commerce platform, announced that it has closed a US$ 600 million funding round ahead of its planned initial public offering (IPO) in March 2022. The round saw the entry of new investors Fidelity Management &

Read More

Wise Launches Remittance Services in India, Expands Footprint With Mumbai Office

Wise, a London-based online money transfer service formerly known as TransferWise, announced the launch of its low-cost and fast international money transfers from India. With this launch, Indians will be able to send money from the country to 44 countries

Read More

American Google Pay Users Can Now Transfer Money to Singapore Thanks to Wise

London-based fintech unicorn Wise has announced an integration to bring its platform to Google Pay users allowing the send money abroad within the app from today onwards. The initial launch will enable Google Pay users in the U.S. to send

Read More

India’s Razorpay Triples its Valuation to $3 Billion as It Eyes South East Asia

Indian payments firm Razorpay announced that it has secured US$160 million during its Series E funding round which has tripled its valuation to US$ 3 billion. The funding round was co-led by GIC, Sequoia along with Ribbit Capital and Matrix

Read More

Indian Fintechs Ride Digital Payment Wave to Expand to Lending, Wealth, Insurance

With approximately 200 million active users and 30 million merchants, Indian payment players are now riding the growth of digital payments to expand to other financial segments beyond their core offerings, including wealth management, insurance and lending, says a new

Read More

India’s Open Banking Landscape Thrives on the Back of Digital Public Infrastructure

Pioneered by banking incumbents, India’s open banking ecosystem has grown to become part of the Indian financial landscape and is now among one of the most advanced in the world. The development of open banking in India has been facilitated

Read More