Fintechs News
The ONDC mutual fund pipeline has arrived. Will it take over the industry?
A small set of fintechs are working with Open Network for Digital Commerce, which is a government initiative, to create an alternate route of mutual fund distribution for the masses
7 min read9 Jun 2025Neobank Jupiter in early talks to raise up to $50 million from existing investors to expand
The development comes about four years after Jupiter raised $87 million from investors including Tiger Global Management and Sequoia Capital India at a valuation of $668 million.
2 min read5 Jun 2025Groww to acquire Prosus-backed Fisdom for around $150 million
The deal, subject to regulatory approval, will mark Groww’s entry into the wealth management segment
1 min read17 May 2025Another Indian fintech unicorn taps bankers for a $400-million IPO
Bengaluru-based Moneyview has appointed Axis Capital, Kotak Mahindra Capital Company and others for the IPO, sources told Mint. Primary capital will make up a majority of the issue.
3 min read13 May 2025Neobank Niyo's chief strategy officer resigns, to join US wealthtech firm
Niyo's chief strategy officer Swapnil Bhaskar will step down in mid-April. He will also resign from his board position at Niyo's subsidiary Alphafront Finserv.
3 min read9 Apr 2025PayU buys 43.5% stake in payment technology firm Mindgate Solutions for undisclosed sum
Founded in 2008, Mindgate provides end-to-end real-time payment infrastructure and expertise for several leading banks in India, processing over 8 billion transactions a month.
1 min read20 Mar 2025Upcoming IPO: Pine Labs plans IPO by second half of 2025 despite weak stock market mood, may raise $1 billion
Pine Labs plans a $1 billion IPO in 2025, combining fresh capital and existing investor sales. Last valued at $5 billion, it aims to diversify income and enhance tech solutions for banks. Despite market challenges, CEO Rau remains confident about going public.
1 min read18 Mar 2025Mint BFSI Summit | Experts emphasize balancing innovation and regulation in India’s fintech sector
Panelists at the Mint BFSI Summit emphasized the evolving regulatory landscape in India’s fintech sector, highlighting the growing importance of governance and customer protection.
3 min read28 Jan 2025Rang De, Faircent, others face RBI scrutiny in crackdown on peer-to-peer lenders
The banking regulator has issued notices to six more peer-to-peer lending platforms for various violations, but is yet to take a call on imposing fines.
3 min read16 Oct 2024Zaggle Prepaid shares surge 85% in 3 months, 165% in one year. What’s next for this fintech stock?
Zaggle Prepaid Ocean Services, a SaaS fintech firm, has seen an 85% rally in its stock over three months. Analysts predict further upside potential of over 30%, bolstered by strategic acquisitions and partnerships.
2 min read30 Sep 2024Popular Topics
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