Fintechs News


Moving beyond equity! How startups shift to debt financing fuel business growth?

Startups are turning to debt funds as an alternative amid declining equity fundraising. However, experts caution about financial risks and advise startups to balance debt and equity financing based on risk tolerance and growth trajectory.

4 min read10 Jun 2024

Rural users prefer ’personal interactions’ to trust fintech services, says PayNearby CEO

India’s rural and semi-urban areas have an 87% fintech adoption rate but remain underpenetrated due to a lack of familiarity with digital technology. PayNearby CEO highlights the importance of data analytics and trust in filling the gaps.

1 min read30 May 2024

Jammu and Kashmir witnesses 134% growth in Aadhar-enabled transactions: Report

Retail stores in Jammu and Kashmir witnessed a growth of over 134 per cent in value and 89 per cent in the volume of Aadhar-enabled payment transactions in FY24.

1 min read30 May 2024

’Low financial literacy, informal borrowing’ Fempreneurs face age-old challenges. How fintechs are lending help?

Women entrepreneurs face challenges like lack of awareness about government financial schemes, dependency on family credits, and informal borrowing. Only 52% have access to financial credit.

2 min read7 May 2024

Self-reliance, sustainability, sagacious: Intellect’s Arun Jain shares his mantra for Fintech’s success

India’s fintech sector has seen significant growth driven by technology and private investment, offering diverse financial products. Intellect Design Arena focuses on global banking solutions, emphasizing long-term sustainability over short-term gains.

2 min read4 May 2024

Need medical loan? Ashneer Grover makes waves in fintech arena again with ‘ZeroPe’ app

BharatPe cofounder Ashneer Grover is all set to launch a new fintech application called ‘ZeroPe’ to provide hassle-free medical loans.

1 min read15 Apr 2024

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The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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