Browsing: Fintech

Ajay Adiseshan, Managing Director and Chairman, PayMate says “Due to the COVID-19 pandemic, businesses faced challenges with traditional methods of payments. By adding Utility bill payments on the PayMate platform, we have created yet another avenue for PayMate’s customers to use commercial credit cards; ultimately providing a fully integrated B2B payments stack to our customers.”

Anish Achuthan, Co-founder & CEO, Open Financial Technologies, said, “We now look forward to scaling the solution by working closely with banks to offer a suite of products for cross border payments and trade finance which will benefit millions of SMEs in India. We also plan to offer this solution to Financial Institutions globally through our enterprise banking offering- BankingStack”

We at KredX believe in deploying technology to provide innovative products and better customer services. More than one-third of our workforce is focused on technology, engineering and products, Devang said.

Shikha will be responsible for driving Simpl’s merchant partners’ growth and success

Tide, a SME focused financial platform has partnered with Transcorp  International Limited, a Category II dealer and PPI license holder to launch co-branded prepaid cards powered by RuPay for small and medium businesses. 

Digital lending models need to have all round data access, robust systems to scale up rapidly and differentiation capability and keeping consumer services at the heart of it.

Khanaz’s primary responsibility will include handling Simpl’s D2C products such as pay-in-3 and formulating new strategic initiatives aime at product growth.

MoneyyApp would use the funding to expand its operations, work on product development and create awareness around the application. The startup’s target audience is the millions of creators making content on various social media platforms but majorly from Youtube.

Cashfree said the fund settlement will occur through Authorized Dealer Banks, and directly go out to universities outside of the Indian Territory, ensuring a secure and smooth transaction.

As per RBI guidelines, with effect from July 1, 2022, neither business nor payment aggregators can save customers card details on their platforms.