Tag: India

Facebook-owned WhatsApp plans to introduce a digital payment service in India. As part of the process, the country is reviewing an audit report from the company.

The Reserve Bank of India has released the final version of the framework for the regulatory sandbox.

The Indian FinTech company Lendingkart has raised $30m in a new investment round, claiming that the total money injected into the business now reaches $143m.

Bangalore-based Razorpay, the payment company, has announced the acquisition of Thirdwatch, an enterprise using big data to prevent ex-commerce businesses becoming fraud victims.

Mumbai-based PayMate, a business specializing in enabling businesses to automate and digitize their payments, is looking to raise $25m in its new Series D round and is now backed by Visa.

MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.

Digital banking startup NIYO Solutions has raised $35m in its Series B round to accelerate product deployment. Horizons Ventures and Tencent participated to the round...

The Reserve Bank of India (RBI) has implemented fines to four banks for non-compliance with KYC, AML, and account opening standards.

Indian online payments startup Razorpay has picked up a $75m Series C investment round from investors including Ribbit Capital and Sequoia Capital.

India-based employee financial health app Avail Finance has reportedly raised $9m in its Series A round. Matrix Partners India, an early-stage investment firm, led the...