Growing Focus on Switching Infrastructure As UPI transactions surge to record levels, fintech firms are increasingly eyeing investments in switching infrastructure. The rise in digital payments has created massive transaction volumes that demand faster, safer, and more reliable systems. Switching—the backbone that routes payments between banks and platforms—is now emerging as a critical area for […]
Category: FinTech
PayPal Sells $7 Billion in U.S. BNPL Receivables to Blue Owl Capital.
PayPal has announced the sale of $7 billion in U.S. buy now, pay later (BNPL) receivables to investment firm Blue Owl Capital. The move reflects PayPal’s strategy to free up capital, strengthen its balance sheet, and expand flexibility in its consumer credit operations. Why This Deal Matters The BNPL sector has grown rapidly, but it […]
UK-Based Fintech Tide Raises $120 Million Led by TPG, Enters Unicorn Club.
A Big Leap for Tide UK-based fintech Tide has secured $120 million in fresh funding, led by global investment giant TPG, officially joining the prestigious unicorn club with a valuation exceeding $1 billion. This marks a major milestone for the company as it continues to scale its digital banking services. Transforming Banking for SMEs Tide […]
Indian Fintech Jar Turns Profitable by Helping Millions Save in Gold.
A Milestone Achievement for Jar Indian fintech startup Jar has achieved profitability, marking a significant milestone in its journey. The platform, which encourages millions of users to save small amounts of money in digital gold, has rapidly emerged as a trusted savings tool for first-time investors. Gold Savings Made Simple Jar’s model focuses on making […]
Fintech Shifts Focus to Groww in Lending and Wealth Management Space.
Groww Gains Momentum in Fintech Market Groww, one of India’s fastest-growing fintech platforms, is drawing increasing attention in the lending and wealth management sector. Known primarily for its investment services, the platform is now expanding into new financial segments. This shift highlights how fintechs are evolving to meet wider consumer needs. From Investments to Comprehensive […]
CRED Launches New RuPay Credit Card Programme with Gold Rewards.
Introduction Fintech giant CRED has unveiled a new RuPay credit card programme that comes with exclusive gold rewards. The move aims to strengthen CRED’s position in India’s competitive credit card market while offering customers a unique blend of convenience and premium benefits. Expanding with RuPay Network The introduction of RuPay-powered credit cards is a strategic […]
Factris Secures €100 Million Facility from Brand New Day for Factoring Finance.
Factris Strengthens Growth with Major Funding Factris has secured a €100 million facility from Brand New Day. This significant deal will enhance its factoring finance services and support small and medium-sized businesses across Europe. Supporting SMEs with Factoring Finance Factoring finance helps businesses improve cash flow by selling unpaid invoices. With this funding, Factris can […]
Accion Closes USD 61.6 Million Fund to Back Early-Stage Fintech Startups.
Accion Secures New Fund for Fintech Innovation Global nonprofit and impact investment firm Accion has successfully closed a USD 61.6 million fund. The new capital will be dedicated to supporting early-stage fintech startups. With this fund, Accion aims to accelerate financial inclusion and empower underserved communities worldwide through technology-driven financial solutions. Focus on Financial Inclusion […]
Viyona Fintech Gets NPCI Nod to Launch UPI Services via GraamPay and Viyona Pay.
A Big Step for Viyona Fintech Viyona Fintech has secured approval from the National Payments Corporation of India (NPCI) to roll out UPI services. The company will launch these services through its platforms, GraamPay and Viyona Pay. This marks a major milestone in expanding its presence in India’s digital payments ecosystem. What the NPCI Approval […]
Airwallex Challenges Stripe with Billing Platform OpenPay Acquisition.
Airwallex, the global fintech unicorn, has announced the acquisition of OpenPay, a billing and payments platform, in a bold move to challenge Stripe in the digital payments space. What This Means By acquiring OpenPay, Airwallex strengthens its billing, invoicing, and subscription management capabilities, allowing it to serve a wider range of businesses with end-to-end payment […]
