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Mukesh Ambani's JioFinance goes international; Indian travellers can now make digital payments in Paris

The Rise of Digital Payments in India India's digital payments landscape has witnessed a remarkable transformation in recent years, driven by government initiatives, technological advancements, and changing consumer behavior. The country's large popu

Here's a breakdown of how CRED makes money, based on their FY23 financials. With a significant chunk coming from loans, payments, and travel management, the platform diversifies through advertising fees, insurance, and corporate expense management. T

Jio Financial Services (JFS) stands out from traditional financial companies in several ways and here are some things you need to know: 1. Integrated ecosystem: JFS leverages Reliance's vast network, offering seamless services across telecom and ret

The Rise of Fintech in Bangalore: Trends and Opportunities * Trends: Mobile payments, digital lending, insurtech, blockchain, wealth management, regulatory sandbox. * Opportunities: Financial inclusion, increased access to credit, personalized fina

Adani's super app, Adani One, has begun pilots with digital lending firms and non-banking financial companies (NBFCs) - personal loans ranging from Rs 1,000 to Rs 5 lakh. The company has finalized an arrangement with KrazyBee Services, the NBFC arm

India's Youth in a Debt Spiral Soon ? Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment per

Top News of the Day: 1. Quick commerce company Zepto has raised $340 million in a follow-on financing round led by General Catalyst 2. Jio is world's largest mobile data company; filed 350 patents for 5G, 6G tech 3. SpaceX rocket falls into fire d

Top News of the Day: 1. Education-focused NBFC, Varthana, has secured INR 27 crore (around $3.2 million) in funding from Triodos Investment Management. 2. Wealth management platform Upstox has announced its entry into the insurance distribution b

Top News of the Day: 1. Vidyut, a startup specializing in financing commercial electric vehicles (EVs), has expanded its services to include the reselling of three-wheeler EVs. 2. European regulators are taking action against big technology compani