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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Its biggest banking customer, Unity Small Finance Bank, has decided to part ways. The departure comes at a time when the fintech infrastructure startup has been trying to become a full-stack banking software provider.
In a significant setback for M2P Fintech, a Chennai-based fintech infrastructure startup, its main banking customer, Unity Small Finance Bank, is walking away. Multiple former M2P executives and a Unity insider confirmed the move, requesting anonymity due to the confidential nature of the matter.
The partnership with Unity was a key win for M2P after a regulatory decision virtually shut down the company’s main line of business three years ago.
M2P co-founder Madhusudanan R. says Unity hasn’t formally informed the company. He also notes that his firm today is a much larger business with products involved in core banking, loan …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 900 crore capital fight with BharatPe over the small finance bank could leave Centrum’s investors holding the loss.
