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Tag: India

Mastercard to pilot Payment Passkey Service in India

New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India. Participants: The...

RBI set to launch United Lending Interface to simplify access to credit for underserved borrowers

New Platform Launch: The RBI is preparing to launch the United Lending Interface (ULI), a new technology platform...

India’s DMI Finance lands a further $334m investment from MUFG

Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing. Funds will be used for...

India’s Vayana secures $20.5m in Series D funding

Funding Details:Vayana secured $20.5 million in its ongoing Series D funding round, led by SMBC’s Asia Rising...

HSBC India partners with Open Financial Technologies to launch FinConnect for business clients

Key Points:Partnership Objective:Simplify payment processes for HSBC's business customers in India.New Offering:Launch of HSBC's FinConnect...

ICYMI fintech funding round-up: Lemon.markets, Trustap, Adfin, Accend and more

ICYMI Funding Round-UpLemon.markets:Amount: €12 million seed extension. Lead: CommerzVentures. Other Investors: Creandum, Lakestar, Lightspeed, Heliad, System.one. Purpose:...

Supply chain fintech TASConnect snaps up Solv Malaysia and Solv Vietnam

TASConnect Acquires Solv’s Malaysia and Vietnam Subsidiaries: Key PointsAcquisition Announcement:TASConnect is acquiring Solv’s subsidiaries in Malaysia and...

UAE’s Mashreq Bank appoints Tushar Vikram as new India head

Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key PointsNew Appointment:Tushar Vikram, former Citibank India...

BIS readies for live implementation of Project Nexus in Asia

Project Nexus by BIS: Key PointsProject Overview:Initiative by Bank for International Settlements Innovation Hub (BISIH). Aims to...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International...

Indian fintech Fibe bags $90m in Series E funding round

Fibe Secures $90 Million in Series E Funding:Funding Round:Amount: $90 million Round: Series E Lead Investors: Amara...