The FinTech Hub
Source: Live Mint Imagine opening a bank account or applying for a loan from the comfort of your home—no branch visits, no paperwork, just a quick video call. That’s the power of Video KYC (VKYC), a game-changer in India’s banking sector since its launch in 2020. What started as a pilot project quickly became the…
Source: Live Mint Personal loans: If you are looking to raise a loan – the first logical thing for you to do is to choose the right financial institution. Those who are not aware there are different categories of institutions such as banks, NBFCs (non banking financial institutions), and fintech platforms. What kind of deal you manage…
Source: Live Mint Fintech is transforming the instant loan sector by capitalising on technology and thereby making the lending process faster, more efficient and more accessible to a broader audience. Thanks to the growing prevalence of technology, there are a dime-a-dozen platforms which disburse personal loans to borrowers in as quick as 10 minutes. The…
Source: Live Mint Three years after India unveiled the account aggregator, or AA, framework to facilitate consented sharing of consumers’ financial information, multiple gaps still plague the system that was rolled out as an overarching network connecting various regulators and market players. The account aggregator framework is meant to give individuals greater visibility and control…
Source: Business Standard Mutual Funda(Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 2:19 PM IST Appreciate, a Sebi-registered fintech company, said on Wednesday it has made the first low-ticket mutual fund transaction on the Open Network for Digital Commerce (ONDC). The first transaction was of Rs 100 and was done in…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 1:39 PM IST Visa Inc. has launched a new platform to help banks issue stablecoins and other fiat-backed tokens internationally. The Visa Tokenized Asset Platform (VTAP) will go live next year. Click here to connect with us on WhatsApp…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 2:07 PM IST Google India has announced a partnership with Muthoot Finance, a non-banking financial company (NBFC) specialising in gold loans. The partnership will provide gold-backed loans to small businesses and consumers, especially in rural areas, through Google Pay. …
Source: Business Standard Google Pay’s credit partnership portfolio now includes five lenders in total: DMI Finance, Indifi Technologies, ICICI Bank, Aditya Birla Finance, and Muthoot Finance 3 min read Last Updated : Oct 03 2024 | 2:34 PM IST More than 80 per cent of the credit disbursed by Google Pay, in partnership with…
Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 5:05 PM IST Venture capital firm Capital A has launched its second fund with a corpus of Rs 400 crore, aimed at startups in high-growth sectors like manufacturing, climate, fintech, and deep-tech. The fund intends to identify innovative technologies and business…
Source: Live Mint If you are in urgent need of money and do not have any security to give as collateral then the sole feasible option that you can opt for is to take a personal loan. For those who are not aware, a personal loan is an unsecured loan that banks and other financial…
