Tag: India
India’s PhonePe reportedly planning to launch consumer lending in January 2024
Expansion Plan: PhonePe plans to enter the consumer lending space by January 2024.
Integration Progress: The fintech is in the "final stages" of integrating with...
Berkshire Hathaway sells stake in India’s Paytm for $165m
Berkshire Hathaway Sells Paytm StakeBillionaire Warren Buffett's company, Berkshire Hathaway, sold its entire stake in Indian fintech One 97 Communications (Paytm) for...
India’s InCred Finance secures unicorn status with $60m Series D funding
Funding News:Indian fintech InCred Finance secures $60 million in Series D funding.
Valuation reaches $1.05 billion, making InCred the latest unicorn in...
IndusInd Bank taps Viamericas for digital inward remittance offering
IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India.
US-based Indians can use the Indus Fast Remit...
Indian fintech Aurionpro acquires loan management system Omnifin for $9.8m
Mumbai-based fintech firm Aurionpro acquires Omnifin from AS Software Services
The all-cash transaction is valued at $9.8 million (INR 820 million)
Acquisition includes...
Spice Money taps NSDL Payments Bank to offer zero balance accounts to rural India
Indian fintech Spice Money partners with NSDL Payments Bank.
They offer zero balance accounts to rural Indians.
Spice Money utilizes its network of...