fintech
-
Business
Vivek Bansal and Sunil Daga to Launch MSME-Focused NBFC, Saarathi Finance
Vivek Bansal, Group CFO at InCred, and Sunil Daga, President at Kotak Mahindra Bank, are set to launch Saarathi Finance, an MSME-focused NBFC, after completing their notice periods. Saarathi Finance, registered in August and based in Mumbai, has applied for an NBFC license from the RBI and is in talks to raise Rs 600 crore in equity, aiming for a…
Read More » -
Business
super.money Aims to Break into UPI Top Five with 100 Million Transaction Target by Year-End
Flipkart-backed fintech company super.money has set an ambitious goal to rank among the top five players on the Unified Payments Interface (UPI) leaderboard by year-end, according to a senior executive. Since launching its beta version in June, the company has successfully processed approximately 10 million transactions. Prakash Sikaria, founder and CEO of super.money, stated, “We aim to reach 100 million…
Read More » -
Business
Digital Payments Revolution: PhonePe Rolls Out Credit Line on UPI
Bengaluru: Fintech leader PhonePe announced the launch of a new credit line feature on the Unified Payments Interface (UPI) on Thursday, nearly a year after its introduction by the National Payments Corporation of India (NPCI). This feature allows customers to access short-term credit, enhancing the payment options available at checkout for merchants using PhonePe’s Payment Gateway. According to PhonePe, this…
Read More »
