Page 9 - Fintech Sector

Fintech deals double to $1.17 bn during Jan-Jun despite slowdown: Report

The first quarter of 2020 saw fund inflows jumping fivefold and the same in the second quarter added 50 per cent more

SBI's Kumar, HDFC's Puri speak on their careers, legacies, motivations

The two titans of Indian banking also spoke about what it takes to succeed in the highly competitive and byzantine financial services sector

Unlock BFSI 2.0: Covid has accelerated digital payment adoption by 5-10 yrs

Apart from accelerating its evolution in India, Sameer Nigam, CEO, PhonePe, said, "Covid has been very helpful in customer acquisition, even more than demonetisation"

Unlock BFSI 2.0: Covid-19 a bigger boost for fintech than demonetisation

While top fintech experts agree that there are more opportunities than challenges for the sector, they underline the importance of digital literacy and customer awareness in rural India

Portfolio outstanding of fintech companies grew 92% in 2019: Report

Personal loan disbursements by NBFC-fintech companies grew by 110 per cent in 2019 compared to industry average growth of 22 per cent, it said

India could become the fintech hub of the world

The opportunity to list overseas provides a huge opportunity for new-age digital and fintechs

Weaker fintechs face crisis to mature as Covid-19 casts shadow over funding

Signs of stress among even relatively well established fintechs are starting to emerge, say analysts

Google foraying into digital lending space by roping in fintech players

ZestMoney is now integrated on Google Pay digital store's Spot platform to offer credit to customers

Digital lenders stare at dip in disbursals this fiscal due to pandemic

Cost of capital for most lenders has also gone up as fund flows from banks and NBFCs have dried up despite liquidity infusion by RBI; but things are looking up from last month as establishments reopen

Fintechs see inflexion point as Covid-19 gives fillip to digital modes

Fintechs are at an inflection point with the Covid-19 pandemic giving a huge fillip to digital modes, reports Raghu Mohan

Sebi approves regulatory sandbox framework for stock market ecosystem

Sebi's new framework allows live testing on a small set of customers for a limited period of time.

Covid-19 opens new doors for fintechs as users shun cash deals for digital

Companies report spike in transaction via android apps as merchants opt for contactless payment systems

Govt working on reforms in sunrise sectors to make India export hub: NITI

Amitabh Kant, NITI Aayog CEO, listed healthcare, education, mobility, genomics, AI, 5G network, fintech and manufacturing as high priority areas for rapid and radical structural reforms.

This start-up offers niche fintech products for middle-income households

A bootstrapped Bengaluru start-up launched by ex-VCs is re-imagining financials products for salaried families. Its fix: focus on use-cases

Gaja Capital pumps Rs 204 cr in Sachin Bansal's banking venture Navi Tech

The Flipkart co-founder has also elevated himself as managing director, Navi.

Covid-19 impact: Fintech startups smell opportunity, revisit business ideas

From insurance policies to helping essential businesses go online instantly, these start-ups are angling for new offerings

Roadblocks to growth

Is the new Data Protection Bill biting the hands that feed us?

After Xiaomi and Realme, Oppo now forays into fintech space with Oppo Kash

The Oppo Kash app, currently in beta stage, is available on Google Play Store and Oppo App Store for all supporting Android smartphones

Payments problem

Removal of MDR will affect innovation in fintech

Banks of future will be very different, says RBI governor Shaktikanta Das

Regulating the distinct segments of these banks would be a challenging task, said Shaktikanta Das