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Detailed stories on technology startups, business and economic current affairs.
A licence to operate as a small finance bank will allow the fintech company to grant loans and collect more deposits, but the transition will entail fixing its less-than-favorable shareholding structure.

Europe’s largest fintech firm has its sights set on the Emirates. What can we expect?
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
High returns, RBI-regulated comfort, and easy withdrawals drew investors in. Now, with repayments drying up, the fintech platform, its NBFC partner, and the regulator are pointing fingers—leaving customers to chase their own money.