financial technology


Investment Firm Stride Ventures Closes Second India Fund At $200 Mn

Banking - Published date: .

Stride Ventures, announced the close of its second India fund at $200 million for investments in consumer, financial tec... Read more

BharatPe Back On Track After Ashneer Controversy, Records 112% Growth

Banking - Published date: .

BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) -- a growth of 5... Read more

BharatPe's Board Will Not Intervene In Bhavik-Ashneer Stake Issue

Banking - Published date: .

As the Ashneer-BharatPe fight now on a legal course, the Board of company will not intervene in a new controversy regard... Read more

True Balance Aims For Break-even By Year-end, Eyes Listing By 2024

Banking - Published date: .

True Balance is an RBI-authorised digital platform which facilitates loans through its safe, RBI licensed NBFC - True Cr... Read more

E-com Giant Amazon May Soon Allow Digital Currency As Payment Mode

Banking - Published date: .

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency... Read more

Abu Dhabi's Wealth Fund Picks Up Minority Stake In Mobikwik For $20 Million

Banking - Published date: .

UAE's sovereign wealth fund Abu Dhabi Investment Authority has picked up a minority stake in the IPO-bound digital payme... Read more

Pine Labs May Raise Additional Funds; Aggressively Scaling Online Biz

Banking - Published date: .

Close on the heels of a USD 285-million investment round, fintech major Pine Labs may raise additional funds in the comi... Read more

IFC Plans To Invest $10 Million Each In Endiya Partners, Onsitego

Banking - Published date: .

In Endiya Partners Fund II, the World Bank's investment arm will invest an equity investment of upto $10 million. Read more

Michael Sincere's Long-Term Trader: The Fear Of Missing Out Will Punish You Once The Stock Market Starts To Make A Blow-off Top

Markets - Published date: .

Keep your money close when Wall Street and surging stock prices tempt you to buy, writes Michael Sincere. Read more

How The Latest Steps By Alipay And WeChat Bring China Closer To Replacing Cash With Cellphones

Markets - Published date: .

China’s two leading mobile-payment platforms announced this week that they will begin allowing foreign visitors to uti... Read more

Credit Cards Have Gone Out Of Style In China — Will The U.S. Be Far Behind?

Markets - Published date: .

WeChat and Alipay are the most widely accepted forms of payment in China which has allowed merchants to avoid paying cre... Read more

Amazon To Support Utility-bill Payments With Alexa

Markets - Published date: .

Amazon.com Inc. is tapping into bill payments by letting customers use its Amazon Pay feature for their utility bills. ... Read more

At 50, American Express Most Famous Card No Longer Holds Its Charge

Markets - Published date: .

Amex’s Green Card got a makeover and switched from being a charge card to a credit card. Read more

Earnings Results: Visa Stock Gains After Earnings Beat As Volume Rises 9%

Markets - Published date: .

Visa Inc. shares gained about 1% in after-hours trading Thursday after the payments giant topped profit expectations for... Read more

Earnings Outlook: Visa Earnings Preview: Moving Further Beyond Credit Cards

Markets - Published date: .

Visa Inc.’s Thursday afternoon earnings report will cap off a fiscal year in which the payments giant branched out fur... Read more

This Credit Card Will Let You Earn Rewards To Pay Off Your Student Loans — But Is It A Good Deal?

Markets - Published date: .

Sallie Mae has rolled out three new credit cards aimed at college students and recent graduates. Read more

Read This Before Taking Out Another Retail Credit Card

Markets - Published date: .

There’s been a worrying trend with retail credit cards, and it doesn’t appear to be improving. Read more

Robinhood Unveils Long-delayed Cash Management Accounts — This Time With Insurance

Markets - Published date: .

The accounts come with an APY of 2.05%, well below the 3% the company originally promised back in December. Read more

PayPal Drops Out Of Libra Project: Report

Markets - Published date: .

In what could be a lethal blow to Facebook Inc.’s controversial Libra project, PayPal Holdings Inc. is reportedly on t... Read more

Best New Ideas In Money: Think Twice Before Using Facial-recognition Technology Or Fingerprint Scanning

Markets - Published date: .

Ditching credit cards for facial recognition removes the last physical barrier between our bodies and Corporate America.... Read more