The soon-to-be-launched digital bank's key focus will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well as micro-insurance in Southeast Asia. Its target market are blue-collar workers, foreign domestic workers, and micro, small and medi
Bengaluru (Karnataka) [India], January 12 (ANI/PNN): Equiniti India (EQ India), the India offshore arm of UK-headquartered shareholder management fintech company, EQ, has announced the appointment of Vijayaraj Palaniraj to lead Talent Acquisition in India. In his new role Vijayaraj will acce
Dubai [UAE]/ Bengaluru (Karnataka) [India], January 12 (ANI/PRNewswire): Global business events organizer and consulting firm Trescon has appointed renowned industry professional Naveen Bharadwaj as its Group CEO to lead Trescon and its associated business entities such as World Blockchain S
Hyderabad (Telangana) [India], January 12 (ANI/GPRC): Advancing its commitment to innovations and future-ready workforce, Emagia, USA today announced the launch of Fintech Innovation Labs at OU in collaboration with Osmania Foundation, Hyderabad. Emagia and Osmania Foundation will set up joi
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
New Delhi [India], January 11 (ANI/SRV): BondsIndia.com, India's first and one of the fastest growing online bonds platforms has completed 10,000 online trades with more than Rs 3,000 crore turnover. The platform has more than 1,00,000 registered customers and seen approx. 15% retail partici
Chennai (Tamil Nadu) [India], January 11 (ANI/PRNewswire): Clayfin Technologies, a leading provider of Digital Customer Experience solutions for Banks and Financial institutions, and Bandhan Bank, one of India's fastest-growing banks, have been awarded 'Best Digital Channel/Platform Implemen
New Delhi [India], January 10 (ANI/GPRC): Univest, a fintech startup, is a one-stop solution for all investment problems has on-boarded Pratik Gandhi ('Harshad Mehta' fame star). Since launching its app just three months ago, they already have 100,000+ users and one of the best user retentio
BofA Securities also expects Paytm's momentum in the lending business as well as its merchant traction to remain strong in Q3. Analysts at ICICI Securities in January 4, 2023, estimated an 11 per cent quarter-on-quarter operating revenue growth on the back of increasing GMV and lending bu
Bangalore (Karnataka) [India], January 9 (ANI/NewsVoir): Bangalore based social commerce platform BankSathi has raised $4M USD in funding from Kotak Securities, Lets Venture, We Founder Circle, Hem Securities and IPV (Inflection Point Ventures).
During the said quarter, the overall engagement on its Paytm Super App platform in terms of average monthly transacting users (MTU) was at 85 million, it apprised stock exchanges through a filing.
Ma continues to hold voting rights in an entity that controls Ant, alongside nine Ant executives and employees who were also given voting rights. Together, they jointly control the company, the statement said.