The FinTech Hub
Source: Business Standard Cred makes more than 90 per cent of its revenue from three verticals: lending, payments, and insurance. 2 min read Last Updated : Sep 30 2024 | 7:22 PM IST Fintech firm Cred reported a decline in its operating losses to Rs 609 crore in financial year 2024 (FY24), a substantial…
Source: Business Standard 2 min read Last Updated : Sep 11 2024 | 9:00 PM IST Fintech NBFCs may need to revisit business model and temper loan disbursements in the light of tighter funding and regulatory warning on growth strategies, India Ratings (Ind-Ra) has cautioned. They need to be watchful in growing their…
Source: Business Standard 3 min read Last Updated : Aug 05 2024 | 12:14 AM IST The security breach at crypto exchange firm WazirX which resulted in the theft of over $230 million, has prompted other players to roll out programmes that secure customers’ wallets and funds. These measures may include compensatory funds to…
Source: Business Standard It processes transaction values of about Rs 100-200 crore every month. Credit cards on UPI record about Rs 10,000 crore a month. 2 min read Last Updated : Aug 22 2024 | 3:46 PM IST Fintech major PhonePe on Thursday announced the launch of a credit line on the Unified Payments…
