Browsing: Fintech

National Payments Corporation of India (NPCI) has today granted approval to One97 Communications Limited (OCL) to participate in UPI as…

Akash Dongre, Chief Product Officer and Co-founder of Indus Appstore, said, “We are thrilled and humbled by the overwhelming response to the Indus Appstore. Reaching over a lakh downloads in just three days confirms that India is ready for a homegrown app store that prioritizes the needs of its diverse users and fosters a vibrant developer community.”

PhonePe recently announced the consumer launch of its Indus Appstore, at Bharat Mandapam in New Delhi. Indus Appstore is PhonePe’s…

Fibe (formerly EarlySalary), a fintech said it has significantly enhanced customer experience and has reduced the response time by 99% through…

PhonePe, recently announced the launch of a new ‘Credit’ section on its platform. The new section will allow users to…

The funding will further enhance Quickwork’s platform features, invest in research and development, and bolster customer success and support services. Additionally, Quickwork plans to enter new markets, forge strategic partnerships, and scale its operations to cater to the growing demand for no-code automation and API integration solutions. 

Acemoney’s tech expertise and digital capabilities position RCMS favourably to leverage the growth in digital transactions by offering an innovative phygital platform that combines cash and digital banking services to customers in Tier 3+ regions. RCMS will acquire ~57% of Acemoney in an all-cash deal.

Sameer Nigam, Founder and CEO of PhonePe said, “When we started PhonePe, I had never imagined that we would get to 50 Crore registered users in such a short span of time. It feels almost surreal, Yet, we have achieved only 50% of our vision statement of bringing digital payments to 100 Crore Indians. As we look to the future, we felt that this is also a great time to redesign the org, and elevate some of the key PhonePe executives to take on larger roles in the group. I would like to congratulate them as they take on their new roles, and help build multiple exciting new businesses for PhonePe Group.”

Cashfree Payments, India’s leading payments and API banking company, has partnered with Global Trade Plaza, a global B2B Marketplace, to…

Jiraaf  has raised $8.7mn in equity as part of Series B funding round. The round was co-led by Accel and…