Page 10 - Fintech Sector

India third-largest fintech market in 2019, investments doubled to $3.7 bn

The vast majority of funds raised last year in India went into payments startups, while insur-techs raked in 13.7 per cent of the investments

Uber strengthens its India Fintech presence with Uber Money team

The Uber Money team, based in the firm's Hyderabad Tech Centre, is the first such across the Asia Pacific region and will contribute to Uber's global financial and technology innovations

Uber creates a fintech team at Hyderabad for global tech innovations

The Hyderabad-based team will be involved in enabling upcoming new global features and improvements, including real-time earnings

Digital on-boarding key to retail growth, says Pine Labs' Kush Mehra

Fintech companies will need to design solutions with merchants in focus to encourage faster adoption, he says

Fintech brands Nexus, EZETAP map customer experience, set the tone for 2020

Using proprietary models, AI, mixed reality solutions and a suite of products and services that cater to the unique needs of target audiences

A potential blockbuster

Fintechs may have the lead with open banking but banks too can benefit by playing their cards well

Xiaomi Mi Credit app debuts with Rs 1 lakh lending limit on personal loans

Being an online marketplace for lenders, the Mi Credit app debuts with support from Aditya Birla Finance Limited, Money View, EarlySalary, Zestmoney and CreditVidya

Cashe may become a digital bank in five years, says CEO Ketan Patel

Patel on how the fintech company plans to build its business, get a small finance bank licence

Kerala Startup Mission, UK fintech firm tie up to help local enterprises

Pact is aimed at creating an open-innovation ecosystem and solutions for future financial services in retail banking, transaction banking, lending and treasury and capital markets

Fintech firm Mobikwik becomes operationally profitable, eyes IPO

Gurugram-based firm which started its operations in 2009, is looking at further scaling its lending portfolio and achieve profitability on a full year basis in FY21

Fintech committee recommends new legal framework for consumer protection

The Steering Committee on fintech-related issues has also suggested cash flow-based financing for micro, small and medium enterprises

Fintech panel suggest legal framework to protect digital services consumers

The report said the Department of Financial Services should work with PSU banks to bring in more efficiency to their work and reduce fraud and security risks

Statspeak: Four reasons why FinTech adoption remains on the rise

FinTech challengers are looking less like start-ups and more like professionally managed companies

NiYO raises the fintech pitch by launching SME banking, global forex card

The neo-banking start-up recently raised $35 million in Series B funding led by Horizons Ventures, Tencent and JS Capital LLC

Fintech start-ups chug along the loan growth path as banks, NBFCs falter

Many customers are migrating from both public and private sector banks to avail credit through this route

Banks near zero hour on $124-trn flows as fintechs cut their share, margins

Traditional banks must raise their game to keep customers from fleeing to the likes of TransferWise and Revolut Ltd

Fintech sector can't deliver if data is kept personal: Finance Secy Garg

He said Supreme Court's Aadhar judgement was a setback for the fintech industry, and that Aadhar offered an advantage to the industry, but taking it away may not help the sector