Credflow, a fintech startup dedicated to empowering small and medium enterprises (SMEs), has successfully raised ₹31 crore in its latest funding round. The round saw participation from prominent investors including IvyCap Ventures and Indian Angel Network, highlighting the growing confidence in Credflow's innovative financial solutions tailored for India's SME sector....

In its October 2024 monetary policy meeting, the Reserve Bank of India (RBI) decided to maintain the repo rate at 6.5%, marking the tenth consecutive meeting where the rate has been left unchanged. However, in a notable shift, the Monetary Policy Committee (MPC) unanimously changed its stance from "withdrawal of...

At its 24th Annual General Meeting (AGM), Paytm, India’s leading payments and financial services distribution company underscored its strategic focus on core payment solutions and its commitment to achieving profitability. This ambitious goal is set against the backdrop of the company's enduring innovations in digital payments and financial services. In...

Fintech companies have taken a significant 52% share of the personal loan market, as noted in a recent Experian India report.  As of March 2024, fintech companies have disbursed over ₹2.48 trillion in personal loans and ₹28,607 crore in business loans, with many loans under ₹50,000 primarily benefiting New-to-Credit (NTC)...

Flipkart-backed fintech super.money has launched a co-branded credit card in collaboration with Utkarsh Small Finance Bank. This allows users to obtain credit limits starting as low as INR 90, with deposits ranging from INR 100 to INR 10 lakh. The superCard is part of Super.Money’s broader strategy to integrate credit...