/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Acquiring the buy now pay later fintech startup would enable the Walmart-owned firm to offer lending services, a business that Paytm is keen on growing.
PhonePe’s imminent purchase of ZestMoney is a big step towards the Walmart-owned firm's ambitions to be a financial super app. A deal hasn’t yet been finalized but media reports from last week suggest that there is an agreement in place between the companies and the acquisition is likely to be made official in the next 2-3 weeks.
Successful big-ticket consolidations within India’s fintech sector are rare. The complexities of the businesses, disagreements over valuations between private investors and a wide array of compliances involved mean that high-profile deals in fintech fail more often than not. The collapse of the PayU-BillDesk …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Lenders stand to gain a lot more than borrowers in the current challenging market environment
The loan aggregator keeps sending updates on WhatsApp even to users who haven’t applied for a loan. The company is exploiting a grey area in India’s telecom regulatory framework and WhatsApp’s policies.
