Jai Kisan acquires majority stake in Kushal Finnovation Capital, expands rural fintech reach

From finance giants to rural change-makers: Cofounders Arjun Ahluwalia and Adriel Maniego on their transformative journey with Jai Kisan

Jai Kisan, a rural fintech startup, has received regulatory approval from the Reserve Bank of India (RBI) to acquire a...

The plot, located in Nandambakkam, is a key piece in the Tamil Nadu government's ambitious plan to establish a Fintech City. (Representative Image- Pixabay)

Axis Commercial Real Estate Fund Acquires 1.5-acre Plot in Chennai’s Fintech City

by Finclusion

August 13, 2024

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Axis Commercial Real Estate Fund, a collaboration between Axis Asset Management and renowned global real estate developer Tishman Speyer, has...

June's daily average was equally impressive, with 613 million transactions per day and a daily average value of ₹80,131 crore. (Image source: Freepik)

NPCI International surpass 1,00,000 UPI merchant transactions in Nepal

by Finclusion

August 12, 2024

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NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has achieved a significant...

FINTECH: ACCELERATING THE DIGITAL revolution

India’s fintech sector to drive income and wealth creation: CEA V Anantha Nageswaran

by Finclusion

August 9, 2024

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In a recent address at the ninth Global Economic Summit in Mumbai, Chief Economic Advisor (CEA) V. Anantha Nageswaran underscored...

In its October 2024 monetary policy meeting, the Reserve Bank of India (RBI) decided to maintain the repo rate at 6.5%

RBI increases UPI Tax Payment Limit to ₹5 Lakh Per Transaction, Proposes ‘Delegated Payment’ Facility

by Finclusion

August 8, 2024

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In a move to boost digital payments, the Reserve Bank of India (RBI) announced on Thursday that it will increase...

The first half of 2025 (H1 2025) marked a notable resurgence in investor confidence, with funding into fintech startups reaching $1.6 billion, up 60% from $1 billion in H1 2024.

Global fintech investment falls to $51.9 billion in H1 2024 – KPMG Report

by Finclusion

August 8, 2024

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The first half of 2024 was challenging for the global fintech market due to high interest rates and significant geopolitical...

PB Fintech FY25 PAT Jumps 5.5x to ₹353 Cr. (Image source: PB Fintech website)

PB Fintech reports profit for third consecutive quarter, net profit at ₹60 Cr in Q1 FY25

by Finclusion

August 7, 2024

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PB Fintech, the parent company of PolicyBazaar, Paisabazaar, and PB Partners, announced its third consecutive profitable quarter in Q1 of...

Google Pay, PhonePe, and Amazon Pay are among five payment firms looking to join RBI's digital currency pilot by offering transactions via the e-rupee.

Google Pay, PhonePe, Amazon Pay, and others to join RBI’s Digital Currency Pilot

by Finclusion

August 6, 2024

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Google Pay, PhonePe, and Amazon Pay are among five payment firms looking to join the Reserve Bank of India's (RBI)...

The acquisition deal, worth Rs 50 crore, will be split equally into equity and debt. (Image source: Infibeam Avenues Website)

Fintech Infibeam Avenues to acquire 54% stake in Rediff.com India

by Finclusion

August 5, 2024

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Infibeam Avenues, a payments solution provider has announced that it will acquire a 54% stake in the news website Rediff.com...

UPI recorded 18.68 billion transactions worth ₹25.14 lakh crore in May 2025.

UPI Transactions Surge 45% YoY in July to 14.44 Billion Monthly, says NPCI

by Finclusion

August 2, 2024

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The National Payments Corporation of India (NPCI) has released the latest data on Unified Payments Interface (UPI) transactions for July...

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