Wednesday, March 3, 2021
Tags India

Tag: India

Indians have a staggering amount of trust in online payments

India's online success story is rooted in its trusting internet users. Over 72% of Indians trust the internet overall. Read more: qz.com

Alibaba-backed Paytm forays into digital gold

Consumers can buy and sell gold using their Paytm account for as low as $0.02 which will then be stored in lockers. Read more: e27.co

Indian police crack down on OneCoin with seizures & arrests

Indian authorities are engaging in a sweeping crackdown on OneCoin, a digital investment scheme that is commonly seen as a scam. Read more: www.cryptocoinsnews.com

Blockchain is the coolest thing in Indian finance right now

It's tough to keep up with technology. And India's finance sector knows it too well. Read more: qz.com

Amazon acquires Indian mobile payment license

In another attempt to secure a firm grasp on the Indian market, Amazon has turned towards mobile wallets for its next venture. Read more: www.crowdfundinsider.com

Nomura launches Indian FinTech programme

Japanese investment bank Nomura is launching a new FinTech programme in India to encourage local entrepreneurs to build tools for the capital markets. Read more: www.fintechroundup.com

SoftBank plans $1.5bn investment in India’s Paytm

Japanese investment giant SoftBank plans to invest as much as $1.5bn into Indian payments firm Paytm. The investment will see Paytm valued at as much as $9m. Read more: www.fintechroundup.com

IBM is going all in on blockchain for trade finance

Software giant IBM has been a leader in blockchain-based solutions targeting trade finance, launching solutions for Indian Mahindra Group. Read more: uk.businessinsider.com

FinTech companies cash in on retail lending boom

Supported by a 12% YOY growth in banks personal loans, cos like Rubique, CoinTribe, Paisabazaar and BankBazaar have grown their businesses. Read more: economictimes.indiatimes.com

Amazon gets payments license to run wallet in India

Amazon India has received a payment license from the Reserve Bank of India to offer a wallet to its users. Only 84 companies operating in India hold this license. Read more: www.techinasia.com

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