Tag "India"
Kerala Embraces Digital, as India’s Banking Ambitions Grow
Even as India is going about the implementation of 75 fully digital banking branches throughout the country, including making allocations for rural areas in the 2022-2023 budget, Kerala claims it has emerged as the first state in India to go
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India Turns 350,000 Postmen Into Bankers To Serve Customers In Remote Areas
Across the country, over 350,000 postmen are offering doorstep financial services to people in even the remotest parts of India. They are equipped with a mobile phone and a hand-held biometric scanner to perform tasks of bankers including opening savings
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P2P Lending on the Rise in India
Peer-to-peer (P2P) lending in India is set to grow into a US$5 billion industry by 2023 as alternative finance continues to fill the void left by banks. The Economic Survey 2017-18 tabled in the Parliament in January show that small
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Top 10 Most Well-Funded Fintech Startups In India
In the past years, fintech has emerged as one of the hottest sectors in India’s Internet play with funding pouring in and global players like Google and WhatsApp looking to getting a piece of the pie. NASSCOM predicts that the
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How Real-Time Payments Can Support Financial Inclusion
In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled
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10 Indian Fintech Startups To Keep An Eye On
The fintech ecosystem in India has evolved significantly since its emergence. Fueled by initiatives from the government to boost innovation in financial services, the sector is expected to further grow in the years to come, according to a new report
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China’s Tencent is the Most Active Corporate Investor in Asia’s Tech Startups
Tencent, a leading Internet company in China best known for its popular platforms QQ and Weixin/WeChat, is the most active corporate investor in Asia’s burgeoning tech scene, having made over 30 investments to VC-backed tech companies in Asia since Q1’16.
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7 Fintech Startups in India to Know
With more than 400 companies including 200 startups, India has quickly emerged as a fintech products hub. In 2015, these ventures attracted US$420 million in funding, according to a report by the National Association of Software and Services Companies (NASSCOM).
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India’s Fintech Sector Poised to Take Off
India’s fintech scene is quickly transitioning into a dynamic ecosystem for startups to grow as the government and regulators are aggressively supporting the ambition of the Indian economy to become a cashless digital economy and emerge as a strong fintech contestant.
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Fintech Regulation in Asia: How Singapore, HK, Korea, Japan, China, India Are Doing it
In 2015, Asia’s fintech startups attracted US$4.5 billion in venture capital funding through 130 deals, making the region the second biggest player in terms of venture capital following North America with US$7.7 billion through 378 deals. According to a report
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