WhatsApp to offer cashback on UPI payments in India
WhatsApp is set to offer cashback rewards for Indian users of its peer-to-peer payments service in a bid to increase…
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India’s central bank stiffens scrutiny of firms seeking payment aggregator licence
Reserve Bank of India (RBI) is strengthening its scrutiny of online payment gateways eyeing a payment aggregator licence, reported ET…
India’s Razorpay to launch secondary share sale worth $100m
Indian payment firm Razorpay is working on a deal to sell secondary shares worth $100m, the Economic Times reported. Investors including Lightspeed…
Crypto payments frozen in India following regulatory uncertainty
Crypto payments have frozen in India after crypto exchanges disabled support for payments made via united payments interface (UPI) over…
India’s Pine Labs picks majority stake in payment solution firm Mosambee
India-based merchant commerce platform Pine Labs has acquired a majority stake in payment solutions provider Mosambee for an undisclosed sum.…
Fino Payments Bank to acquire minority shareholding in PaySprint
Fino Payments Bank has agreed to acquire a 12.19% holding in New Delhi-based fintech startup PaySprint for an undisclosed amount.…
Coinbase disables UPI payment option for Indian users
US-based crypto exchange Coinbase has suspended the support for payments made via united payments interface (UPI) for crypto purchases in…
Fintech Cred to raise $200m in new funding round led by GIC
Indian fintech firm Cred is set to raise $200m in a fresh funding round which will be led by Singapore’s…