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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

Hello Medial Community Is it mandatory for a fintech who is also engaged in lending activities to get the NBFC licence from RBI?

Deepinder Goyal-led food delivery giant Zomato has abandoned plans to enter the non-banking financial company (NBFC) sector. The company's subsidiary, Zomato Financial Services Limited (ZFSL), has decided to voluntarily withdraw its application to

Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa

Aye Finance Secures INR 110 Cr in Debt Ahead of IPO Delhi, India- IPO-bound lending tech startup Aye Finance has successfully secured INR 110 Cr (approximately $12.8 Mn) in debt from a group of investors, including Northern Arc, ASK Financial Holdin

i have idea of creating an online platform that connects lenders directly with borrowers is similar to peer-to-peer lending (P2P lending). P2P lending has become popular in recent years as an alternative to traditional banking and NBFC loans. To mak

Is there anyone who is talking about lending money to small & msme businesses through a fintech platform as an overdraft limit with the help of multiple nbfc in the market. I think business is ready to give a flat 1%-1.25% on the money they use. As t

Do Create from Scratch ALWAYS? Go for What’s Working SOMETIMES 👉 Proven Formulas: Why reinvent the wheel? 👉 Best Practices: Learn from others' successes. 👉 Templates: Save time, boost efficiency. 👉 Adapt and Improve: Take what works and ma

The Adani One superapp soared to a GMV of Rs 750 crore in FY24, marking a monumental achievement since its December 2022 launch. With a user base of 30 million by FY24's end, it eyes connecting with 400 million users by 2030 across Adani portfolios

Volt Money Partners PhonePe To Offer Loans Against MFs - Partnership Announcement: Volt Money has partnered with PhonePe to offer loans against mutual funds through the PhonePe app, with loan sizes ranging from INR 25,000 to INR 5 Cr. - Integration