Chiratae-backed alternative finance fintech Getvantage gets NBFC licence
Getvantage, which claims to be the first and only income-based financing and alternative financing platform in India to get an NBFC license, says it will operate...
Tagged: NBFC
Chinese loan app case: ED files charges against Razorpay, fintech firms, NBFCs on money laundering allegations
The Enforcement Directorate said on Friday it has filed charges against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and...
Fintech lender, Ftcash plans to introduce new supply chain financing product
Ftcash is an RBI registered NBFC with an aim to empower over 60 million micro retailers and small businesses by bridging the lending gap with accessible...
Fintech for All in India · Bessemer Venture Partners
Financial services are the largest sector in the world with around 20-25% of the world economy. India is no different, with financial services accounting for over...
News from rbi fintech companies: Fintech companies ask RBI for a clear framework for First Loss Default Guarantee
Several fintechs have asked the Reserve Bank of India (RBI) for a detailed framework to allow First Loss Guarantee (FLDG) arrangements to continue with banks, as...
rbi: Fintech companies ask RBI for clear framework for First Loss Default Guarantee
Several fintechs have asked the Reserve Bank of India (RBI) for a detailed framework to allow First Loss Guarantee (FLDG) arrangements to continue with banks, as...
The curious case of SBM Bank and how it became a fintech darling
In June, after the Reserve Bank of India (RBI) issued a letter to all non-bank PPI (prepaid instrument or wallet) licensees advising that PPIs cannot be...
Forex rule tweaks to allow Indians to invest in foreign fintech companies
The changes in foreign exchange rules announced by the Center on Monday have cleared the decks for Indian entrepreneurs and wealthy investors looking to put money...
IAN invests INR 4.5 crore in Fintech NBFC Indium Finance
Opinions expressed by Contractor the contributors are their own. You are reading Entrepreneur India, an international franchise of Entrepreneur Media. Indium Finance, a Mumbai-based B2B fintech...
NBFC: Fintech companies, Chinese-funded NBFCs generate Rs 950-cr slush funds in India: ED
A number of fintech companies and NBFCs “backed by” Chinese funds have generated proceeds of crime worth more than Rs 940 crore by indulging in predatory...